Answer:
Yes
Explanation:
Cause an increase in price causes increase in goods produced
The difference between monopolistic competition and pure competition is that compared to pure competition, monopolistic competition has fewer firms, product differentiation, some price control, and relatively easy but not barrier-free entry.
<h3>What is Monopolistic Competition?</h3>
In Monopolistic competition, there are many producers and consumers in the marketplace and all firms have a degree of market control.
The difference between monopolistic competition and pure competition is that monopolistic competition has fewer firms, product differentiation, some price control, and relatively easy but not barrier-free entry.
Therefore, C is the correct option.
Learn more about the monopolistic competition here:
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Answer:
$61 million
Explanation:
Additional paid-in capital credited on Feb 4 = Number of shares sold × (Share selling price - Share par value) = 4 million × ($15 - $1) = $56 million
Worth of shares debited on October 12 = Number of shares retired × (Share original selling price - Share par value) = 1 million × ($15 - $1) = $14 million
Additional paid-in capital credited on December 30 = Number of shares sold × (Share selling price - Share par value) = 1 million × ($20 - $1) = $19 million
Net additional paid-in capital = $56 million - $14 million + $19 million = $61 million
