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Semenov [28]
2 years ago
10

True or false:

Business
1 answer:
Sedaia [141]2 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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Karen Meyer owns and operates Crystal Cleaning Company. Recently, Meyer withdrew $10,000 from Crystal Cleaning, and she contribu
elena-14-01-66 [18.8K]

Answer:

a. Karen Meyer's personal records

c. American red cross

Explanation:

The $6,000 contribution should be recorded in Karen Meyer's personal records because 1) the donation was made on her personal name 2) a donation of such size is relevant when Karen files her taxes.

The contribution should also be recorded in the American red cross records because the organization needs to clarify to the tax authorities where each sum of money it obtains comes from.

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2 years ago
Did juice wrld actually die? Or did he fake his death?
Neporo4naja [7]

Answer:

he actually died

Explanation:

he died of an accidental drug overdose which caused him to have a seizure.

6 0
3 years ago
Read 2 more answers
Verizon Corporation's use of a Web-based digital dashboard to provide managers with precise real-time information illustrates wh
rewona [7]

Answer:

B) improved decision making

Explanation:

A company's main objective is to make the rational decision that can help the company achieve its goals in order to capture the dynamics of the market.  

If a wrong decision is made, it can harm the company's image and the situation would get worse, thus making the company profitable by making a good decision.

In case of the real-time information, decision making plays a very important role so that the managers could take the decisions at the specified time.

3 0
3 years ago
When oil prices go up, we tend to see less investment by consumers in _____________________.
balu736 [363]
Larger vehicles with larger motors because they use oil whereas electric cars run on electricity,biofuels refers to oils if people invest to extract it they can earn money,solar energy is free and doesn’t require anything. Hence, people tend to spend less on larger machines with larger motors.
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2 years ago
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LO 4.3From beginning to end, place these items in the order of the flow of goods.
mafiozo [28]

Answer:

  1. cost of goods sold
  2. raw materials inventory
  3. work in process inventory
  4. finished goods inventory

Explanation:

solution

As manufacturing industry always keep the track of costs of each inventory as product is moving from the raw material inventory in to the work in process and by the work in process it goes into the the finished goods inventory

so order of the flow of goods from beginning to end is

  1. cost of good sold  
  2. raw material inventory  : it is the total cost of material that is use in production process
  3. work in process inventory : work in process inventory is continually update work cost is record
  4. finished good inventory  : after each job work complete then product is transfer to finished goods inventory

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3 years ago
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