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Semenov [28]
3 years ago
10

True or false:

Business
1 answer:
Sedaia [141]3 years ago
5 0

Answer:

True

Explanation:

Monopolistic competition is a form of competition involving an industry in which products and services offered are <em>similar</em> <em>but not perfect substitutes.  </em>This type of industry, is familiarized with customers in their everyday lives.

Monopolistic competition has characteristics between perfect competition and monopoly and firms involved have similar degrees of market power. Firms in this industry are also price makers as producers in this type of industry, have control over the pricing of their goods and services.

Demand is subject to changes in price, indicating that <em>demand is highly elastic in monopolistic competition</em>. Entry and exit barriers are low in a monopolistic competitive industry  and decisions made by one firm, does not directly affect the decisions of its competitors.

Restaurants, hair salons, cleaning products are examples in this type of industry.

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The properly marked source document states:
Mariana [72]

Answer:

B. Contained in

Explanation:

Base on the scenario been described in the question, the concept that is used to derivatively classify the statement in the new document is contained in

Contained in can be said to a classified statement in a new document

4 0
3 years ago
Cross Company reported the following results for the year ended December 31, 2018, its first year of operations: 2018 Income (pe
Jlenok [28]

Answer:

$420,000 deferred tax asset

Explanation:

Deferred-tax assets are asset that occurred when company's or organization record income tax is less than the one which is been paid to the tax authority.

Taxable income 3,200,000

Less;Income (per books before income taxes) $2,000,000

Total $1,200,000

Therefore

$1,200,000×35%

=$420,000 deferred tax asset.

Cross record should record $420,000 as a net deferred tax asset or liability for the year ended December 31, 2018

4 0
3 years ago
1) This is a situation that exists when a country imports more than it exports
Vinil7 [7]

Answer:

Not a proper question.

Explanation:

3 0
3 years ago
Read 2 more answers
Sharon had some insider information about a corporate takeover. she unintentionally informed a friend, who immediately bought th
yawa3891 [41]

This is an example of insider trading, which is using private company data or information to make improper gains.

7 0
3 years ago
according to Tuckman's five-stage model of group and team development, what is the second stage in the process?
dsp73

Answer: The second stage is the "Storming Stage"

Explanation:

Bruce Tuckman's five-stage model of group and team development, propounded in 1965, consists of the forming, storming, norming, performing and adjourning stages.

The second stage, storming, is the most difficult and crucial stage in team development process, especially for a team that has never been together. At this stage, there's usually conflict of interests and members of the team may form "cliques" based on common grounds of agreement.

Performance of the team may decrease because members could begin to disagree on team goals and individual personalities emerge.

A solution would be for the team members to accept one another's individuality and focus on the task at hand.

4 0
3 years ago
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