Answer:
1) many buyers and sellers, (2) free entry and exit
Explanation:
A monopolistic competition is when there are many buyers and sellers of heterogeneous goods and services. There are free entry of firms into and out of the industry. Firms set the price for their products. Buyers and sellers do not have perfect information. In the long run, monopolistic competition make zero economic profit.
A pure competition is characterised by many buyers and sellers of homogenous goods and services. Buyers and sellers have perfect information. There are no barriers to entry or exit of firms in the industry. Market price is set by the market forces. Firms make zero economic profit in the long run.
I hope my answer helps you
Hmmm not sure exactly what you are asking the wording is strange but this seems to be showing Racism towards blacks.
<span>Original cost of the tractor = 85,000 Less
Accumulated depreciation = 60,000
Remaining book value of the tractor = 85,000 - 60,000
= 25,000.
Amount received from insurance company = 20,000
Therefore loss due to fire = 25,000 - 20,000
= 5,000
The company should recognize this amount as its own loss and debit the loss account. Corresponding credit should be given to tractor account so that tractor account will show zero balance.</span>
Financial analysis is performed by a firm or an organisation in order to see how the company is performing compared to earlier periods of time and how the company's performance compares with other competitors in the industry. When conducting a financial analysis of a firm, financial analysts rely solely on accounting information. Accounting information data or information is all the data that support financial statements.
<span>General motors targets several different market segments and designs separate automobile makes and models for each. This is an example of <u>differentiated marketing.
</u><u />Instead of focusing on one single target market, this company focuses on multiple segments and types of markets and creates different products for each of them. This, they are improving their profits and taking into consideration their consumers' needs and what they want in their products.<u>
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