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insens350 [35]
2 years ago
14

A firm in an industry with many other firms spends a significant amount on advertising to ensure consumers recognize their logo.

What type of market structure does this firm likely operate in
Business
1 answer:
Soloha48 [4]2 years ago
4 0

Answer:

Monopolistic competition

Explanation:

A monopolistic competition is when there are many firms selling differentiated products in an industry.

A monopolistic industry 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.

An example of monopolistic competition are restaurants

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Lilit [14]

Answer:

it may personal finance

Explanation:

because it's is include personal site

7 0
2 years ago
Domestic strategy reflects the choices a firm's executives make with respect to sourcing and selling its
OlgaM077 [116]

Answer:

True.

Explanation:

True. The given statement is true because the domestic strategy refers to the strategy of a company to expand its business and find the new market for their products. So, the new market can be found by internationalizing the goods by the firm. Moreover, early-stage firms focus on the domestic market but as their business grows or production increases then it starts selling its goods and services in foreign markets.

4 0
3 years ago
This partnership is being liquidated. hendrick and mitchum are each entitled to 40 percent of all profits and losses with the re
Lesechka [4]
<span>Three people share the profit and losses as follows.Total ratio is 100. Hendrick and Mitch each get 2/5 of the profit or suffer 2/5 of the loss i. e (40/100) as well while redding gets 1/5 i. e (20/100). Redding can contribute no more than one-fifth of the liqudated capital. The$20, 000 in excess liability will be distributed in proportion to their ratios. 2/5 * 20, 000 = $8, 000 each for Hendrick and Mitcherum while redding gets 1/5 * 20, 000 = $4000. If the non cash assest is sold Hendrick would receive 2/5 * 50, 000 = 100000/5 = $20, 000. The minmum hendrick would receive would be $20, 000 + $8, 000 = $28, 000</span>
8 0
3 years ago
On December 31, 2017, Oakbrook Inc. rendered services to Beghun Corporation at an agreed price of $102,049, accepting $40,000 do
galben [10]

Answer:

Loan Amortization Table is attached with this answer, please find it

Explanation:

First of all we calculate the Loan Payment per period

Loan Payment per year = r ( PV ) / 1 - ( 1 + r )^-n

Loan Payment per year = 0.11 ( (102,049 - 40,000 ) / 1 - ( 1 + 0.11 )^-4

Loan Payment per year = $6,825.39 / 0.341269 = 20,000 per year

6 0
3 years ago
Florence is a highly paid fashion consultant who earns $100 per hour. She has 16 hours per day that she can allocate to work or
Dmitry_Shevchenko [17]

Answer:

Please see attachment

Explanation:

Please see attachment

8 0
2 years ago
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