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fomenos
3 years ago
15

Monopolistic competition means:

Business
1 answer:
rjkz [21]3 years ago
3 0

Answer: Option C

Explanation: In a monopolistic competition market structure, there are many producers selling their products and each product is not a perfect substitute of the other.

The number of producers are large but each operate at a relatively smaller level. The products offered in the market are similar but not identical.

Hence, from the above explanation we can conclude that option C is correct.

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The regular selling price of a computer desk is $329.99. The markdown rate is 40%. What is the sale price? $197.99
krok68 [10]
A. $197.99

First you subtract 40% from 329.99

So,

329.99-40%=

40% of 329.99 is $131.99

329.99-131.99= 197.99
4 0
3 years ago
A method for selecting multiple lines of text is to _______.
antiseptic1488 [7]
The answer to this question is by clicking and draging in the white space to the left of the lines. In word processing, copying and selecting multiple lines is a technique that can help you work on your document faster. Also in word processing, the user can create, edits, and save the document.
4 0
3 years ago
Simon Company’s year-end balance sheets follow.
klemol [59]

Answer:

The answer is given below;

Explanation:

Days sales in inventory-2017= Average Inventory/Cost of goods sold*365

                                =(115,000+85,000)/2/(458,674)/365

                                =(100,000/458,674)*365

                                =80 days

Days sales inventory 2016= (85,000+56,000)/2/(385,686)*365

                                            =(70,500/385,686)*365

                                             =67 days

3 0
2 years ago
s) A system has four processes and five types of allocatable resources. The current allocation and maximum needs are as follows:
Troyanec [42]

Answer:

The smallest value of x is 5 which leads to a safe state.

Explanation:

Solution

Given that:

Process Available Maximum Request = Max-Available

A         [2 ,1 ,0 ,2, 2] [4, 2,2, 3, 3]          [2,1,2,1,1]

B         [3 ,1, 1, 0 ,2] [3 ,3 ,6 ,1 ,2]          [0,2,5,1,0]

C         [2 ,1 ,0 ,2 ,1 ] [3 ,2 ,3 ,3 ,1]          [1,1,3,1,0]

D         [1, 1, 0, 1, 0 ] [1, 2, 3, 2 ,1 ]          [0,1,3,1,1]

Available = 3,2,x,2,3 ⇒ x has to be determined.

Now

consider x=1 then Available = 3,2,1,2,3

It can't satisfy A,B,C,D since the minimum value of x among those is 2

Consider x=2 then Available = 3,2,2,2,3

It can't satisfy B,C,D since the minimum value of x among those is 3

Thus

consider x=3 then Available = 3,2,3,2,3

It can't satisfy D since the minimum value of x among those is 5

Then

consider x=5 then Available = 3,2,5,2,3

It can satisfy A,B,C,D

Therefore, the minimum value of x is 5. So, that it leads to a safe state.

5 0
3 years ago
A market situation where a small number of sellers compose the entire industry is called
Nadusha1986 [10]

Answer:

The correct answer is: oligopoly.

Explanation:

A market structure where there are only a few firms is called an oligopoly market. These firms can be producing either identical products or differentiated products.  

Because of few firms, there is a high degree of competition in the market. The firms are price makers and face a downward sloping curve.  

There is interdependence in the market such that the economic decisions of a firm affects the price, profits and output level of its rivals. So the firms have to consider the reaction of its rivals before making an economic decision.

4 0
3 years ago
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