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Anna007 [38]
3 years ago
13

How, other than by adjusting​ price, do firms in monopolistic competition​ compete? Other than by adjusting​ price, the two main

ways in which a firm in monopolistic competition competes with other firms are by​ ______ and​ ______.
Business
1 answer:
irakobra [83]3 years ago
3 0

Answer:

Product development; Advertising.

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________ involves defining the firm's marketing mix variables so that target customers have a clear, distinctive, desirable unde
ivann1987 [24]

Answer: Positioning

Explanation: Positioning is a marketing strategy which is aimed at defining a brand's quality and offering in a distinctive manner. Positioning is used to set the boundary and establish the differences in the offerings and services by a firm which sets it apart from that offered by competing firms producing similar products or rendering similar services. Positioning defines the stand of a company's product or services in relation to that it's competitors by stating unique offerings of the firm's product. Therefore, giving customers a distinctive knowledge or understanding of the product from that of its competitors.

3 0
3 years ago
On December 31, Slugger Batting Cages Company decides to trade in one of its batting cages for another one that has a cost of $5
torisob [31]

Answer:

There is a loss of 18,000

Explanation:

In this question, we are asked to calculate the amount of boot in this transaction.

We proceed as follows;

We must identify that to buy one asset, we exchanged one asset with another

Mathematically;

loss or gain = asset given up - Discount received in exchange

From the question we identify the following;

value of asset given up = 225,000 - 195,000 = 30,000

Discount received in exchange = 12,000

Thus, loss or gain is

= 30,000 - 12,000

So, there's a loss of 18,000

4 0
3 years ago
Far Horizons, Inc. has experienced a lot of absenteeism and turnover among employees, particularly among ethnic and religious mi
ycow [4]

Answer:

Option D. Adjust working hours to accommodate workers' personal needs.

Explanation:

The reason is that discrimination is treating an employee unfairly on basis of employee's religion, color, etc. and treating them by implementation of policies would not make it violate the discrimination act if the company is already struggling hard to better manage the people by adjusting worker's personal needs which means now if they still are absent then they are accountable for their unethical deeds.

3 0
3 years ago
Book store owner, Sandra Walker, has a personal check from one of her customers, payable to The Book Nook. Sandra wants to depos
german

Answer:

see below

Explanation:

Endorsing a check is communicating to the bank how a check is to be cashed. A restrictive endorsement puts limits on how a check or other financial instruments are to be used.

The most common type of restrictive endorsement is for the payee to write the words" for deposit only" at the back of the check. The payee then signs and indicates their account number. This instructs the banks to pay the check amount to that account.

Sandra walker should write the words "for deposits only" at the back of the check. She has to indicate the bank account number for The Book Nook and sign at the back.

4 0
3 years ago
A company completes construction of a $400 million offshore oil platform and places it into service on January 1. State law requ
Sauron [17]

Answer:

b. Liability, $9,000,000; expense, $0.

Explanation:

An asset retirement obligation (ARO) refers to an obligation with respect to the acquisition , construction, development, etc. The liability should be recognized the liability at the present value that should be expected to be paid for settling the obligations

Here the $9,000,000 million represents the liability

Also the journal entry is

Asset Dr

        To liability

(Being the asset placed is recorded)

There is no expense should be recorded in the income statement

3 0
4 years ago
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