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Rama09 [41]
3 years ago
9

A monopolistically competitive market A. is imperfectly competitive, and all imperfectly competitive markets are monopolisticall

y competitive. B. is imperfectly competitive, whereas an oligopolistic market is not imperfectly competitive. C. is not imperfectly competitive. D. is imperfectly competitive, but not all imperfectly competitive markets are monopolistically competitive.
Business
2 answers:
Vlad1618 [11]3 years ago
5 0

Answer:

B

Explanation:

To answer this question properly, a grasp of what is meant by the technical terms is needed. Firstly we need to understand what a monopolistically competitive market is. In its simplest term, it is a type of market in which many firms sell similar products that are not identical.

This type of market is one that we can tag as imperfectly competitive. It is imperfectly competitive because the products are only similar, they are not identical. The products would have been perfectly competitive if they had been identical which of course is not the case here. Hence, we can say that a monopolistically competitive market lacks the features that would have make it be a perfect competitive market.

Now we said an oligopolistic market is not imperfectly competitive. This means we agree to the fact that it is perfectly competitive. In an oligopolistic market, there are a number of firms such that on one firm can keep the other firm from having a significant influence in the market. Hence, simply because a firm would affect the market to a particular extent, we can see that there exists a kind of perfect competition amongst the firms, as each of the firms in the market to an extent have a leverage over the market and cannot be stopped from wielding its influence

Gala2k [10]3 years ago
4 0

Answer:

D. is imperfectly competitive, but not all imperfectly competitive markets are monopolistically competitive.

Explanation:

Monopolistic competition may be seen as a variety of competition that determine the characteristics of variety of industries that are familiar to consumers in their day-to-day lives. For instance, restaurants, hair salons, clothing, and consumer electronics are all monopolistic competitive market but not all imperfectly competitive markets are monopolistically competitive.

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Answer is given below :

Explanation:

  • In many audit disagreements that remain unresolved at the agent level, the taxpayer should consider the appeal to the Appeals Division.
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Which statement best summarizes the role of households in the flow of
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The answer is A

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Galatea Foods was founded in Greece by Galatea Chronos in 1978, and the company spread rapidly through Western Europe. Ms. Chron
Alina [70]

The company probably uses the multidomestic strategy.

<h3><u>What is a multidomestic strategy?</u></h3>
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Multinational corporations can achieve more localized management by having separate headquarters in many nations, but at a higher cost by forgoing the economies of scale through cost sharing and centralization.

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1 year ago
A firm’s liquidity level decreases when:_______.
katovenus [111]

Answer:

b) inventory is sold on credit.

Explanation:

Liquidity is defined as the a business to use its current assets to settle it's current liabilities.

This is calculated by using the working capital ratio.

Working capital ratio = Current assets ÷ Current liabilities.

Cash and inventory contribute to a business' liquidity.

When inventory is sold on credit, it does not result in immediate increase in cash as payment is in the future. So there is a reduction in the current asset of the company.

A reduction in the numerator of the working capital ratio results in lower value of the ratio (lower liquidity)

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Which describes the process of diagnosing an organization's external and internal environments, including deciding on a vision a
Rudiy27

Strategic planning

Explanation:

Process to identify the external and internal conditions of the organisation, determine a strategy and goal, formulate general goals, establish and choose general approaches, and allocate resources for the organization's objectives.

Strategic planning is the method of documenting and guiding the small company— by evaluating where they are and where they're going. The strategic plan actually provides them with the opportunity to record the mission, vision and principles and their lengthy-term goals and intervention plans to achieve them.

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