The driver of any vehicle about to enter a freeway or highway must yield the _________

Monopolistic competition resembles pure competition because:

OleMash [197]

Answer:

The correct answer is D.

Explanation:

Monopolistic competition is a type of imperfect competition such that many producers sell products that are differentiated from one another as goods but not perfect substitutes (such as from branding, quality, or location). In monopolistic competition, a firm takes the prices charged by its rivals as given and ignores the impact of its own prices on the prices of other firms.

Monopolistic competitive markets:

have products that are highly differentiated, meaning that there is a perception that the goods are different for reasons other than price;

have many firms providing the good or service;

firms can freely enter and exits in the long-run;

firms can make decisions independently;

there is some degree of market power, meaning producers have some control over price; and

buyers and sellers have imperfect information.

7 0

3 years ago

QS 9-9 Recording warranty repairs LO P4 On September 1, Home Store sells a mower (that costs $220) for $520 cash with a one-year

yKpoI14uk [10]

Answer and Explanation:

The journal entries are shown below:

On September 1

Cash $520

Sales $520

(Being the sale is recorded)

On September 1

Cost of goods sold $220

To Merchandise inventory $220

(Being the cost is recorded)

On September 1

Warranty expense $41.6 ($520 × 8%)

To Estimated warranty liability $41.60

(Being the warranty expense is recorded)

On July 24

Estimated warranty liability $36

To Repair parts inventory $36

(Being the estimated warranty liability is recorded)

6 0

3 years ago

Vaughn Manufacturing purchased machinery for $980000 on January 1, 2017. Straight-line depreciation has been recorded based on a

Tresset [83]

Answer:

selling price= $199,633

Explanation:

First, we need to calculate the book value at the moment of the sale:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (980,000 - 56,500) / 5

Annual depreciation= $184,700

Accumulated depreciation= (4*184,700) + (184,700/12)*4

Accumulated depreciation= $800,367

Book value on May 1st:

Book value= purchase price - accumulated depreciation

Book value= 980,000 - 800,367

Book value= $179,633

Now, if the company makes a profit, the selling price was higher than the book value:

Gain= selling price - book value

20,000= selling price - 179,633

selling price= $199,633

4 0

3 years ago

________is a nonprofit organization that provides free online and in-person assistance to entrepreneurs in the form of training,

podryga [215]

Answer:

SCORE

Explanation:

"SCORE’s mission is to foster vibrant small business communities through mentoring and education."

SCORE is a national network of volunteer business mentors that helps small businesses grow. According to their website, they have already provided mentorship to more than 11 million entrepreneurs.

SCORE is currently a resource partner of SBA (Small Business Administration) and works with more than 10,000 volunteers.

3 0

3 years ago

Diversity in work groups can create conflict, so managers should try to minimize diversity when assigning people to teams.T/F

Ostrovityanka [42]

The given statement is False.

Diversity in work groups can create conflicts, so managers should try to minimize diversity when assigning new people to teams, is a False Statement.

Explanation:

Diversity means a whole range of diverse or different things. Diversity can be defined as the state of being diverse. Diversity is a concept which emphasizes that concept that every person is different and unique in his or her own way and we all should respect the differences between people.

People can be considered diverse on the basis of

Ethnicity
Race
Gender
Age
Physical Abilities
Cultures
Status
Religion
Political beliefs, etc.

So when people with diversity come together to work with each other, they may share different opinions on the basis of their different backgrounds and the final result will be a sure success. So managers rather prefer to make teams of people with diversities.

Learn more about diversities at:

brainly.com/question/11427393

brainly.com/question/1446827

#LearnWithBrainly

7 0

3 years ago

The driver of any vehicle about to enter a freeway or highway must yield the __________ to all traffic.