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Vikki [24]
3 years ago
13

Monopolistic competition is a market condition with which major feature

Business
1 answer:
I am Lyosha [343]3 years ago
7 0

Answer:

O C. Different businesses compete to sell similar products.

Explanation:

Here are the options :

A. Many businesses freely produce the same product.

O B. Only one business controls an entire industry.

O C. Different businesses compete to sell similar products.

O D. A few huge businesses control an industry.

A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopolistic competition has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.

Monopolistic competitive firms engage in advertising for their products

An example of monopolistic competition are restaurants  

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Mathrans, a textile firm, wants to hire two costume designers for a new movie project. To precisely determine the future job per
irga5000 [103]

Answer:

<u>Validation</u>

Explanation:

The validation process occurs when an organization needs to know the skills and performances of some job seekers. Through a test with selected measures, such as construction measures, content and criteria, it is possible for the company to know and predict if a candidate is able to perform the tasks assigned to the position he is running.

7 0
3 years ago
While harry was intoxicated, he sold his car to ben for substantially less than its fair market value. this contract is consider
VMariaS [17]
The answer to this question is that the contract is voidable. A voidable contract specificallt means that the contract can still be implemented or affirmed or rejected by one of the parties due to valid reasons. A situation where in a contract can be voidable is when the other party is not in the capacity to enter into a contract.
7 0
3 years ago
__________ capital increases cooperation among individuals inside and outside the firm. a. Human b. Visionary c. Social d. Cultu
VARVARA [1.3K]

Social capital increases cooperation among individuals inside and outside the firm.

What is social capital ?

Social capital allows a group of people to work together effectively to achieve a common purpose or goal. It allows a society or organization, such as a corporation or a nonprofit, to function together as a whole through trust and shared identity, norms, values, and mutual relationships.

What is the social capital theory?

Social capital theory contends that social relationships are resources that can lead to the development and accumulation of human capital. For example, a stable family environment can support educational attainment and support the development of highly valued and rewarded skills and credentials.

Learn more about Human capital :

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4 0
2 years ago
A certificate of deposit often charges a penalty for withdrawing funds before the maturity date. If the penalty involves two mon
jeka57 [31]

Answer:

The penalty will be worth $200.

Explanation:

The certificate of deposit is worth $20,000.

The interest rate on it is 6%.

The penalty on early withdrawal is 2 months of interest.

The annual interest

= Annual\ interest\ rate\ \times\ Investment

= 0.06\ \times\ $20,000

= \$ 1,200

The penalty will be

= 2\ months\ of\ interest

= \frac{2}{12}\ \times Annual\ interest

=\frac{2}{12}\ \times\ \$ 1,200

= \$ 200

7 0
3 years ago
On December 31, 2017, Extreme Fitness has adjusted balances of $980,000 in Accounts Receivable and $91,000 in Allowance for Doub
m_a_m_a [10]

Answer:

Account receivable = $889,000

Explanation:

The company would record as net receivables, the total amount on accounts receivable less total amount on the allowance for uncollectible account.

The above means that the balance would represent the amount of credit that has gone bad hence the value represent balance on net receivable account.

Therefore,

Accounts receivable

= Adjusted balance in accounts receivable - Allowance for doubtful account

= $980,000 - $91,000

= $889,000

3 0
3 years ago
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