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sattari [20]
3 years ago
6

What is true in a market structure characterized by monopolistic competition?

Business
1 answer:
nataly862011 [7]3 years ago
8 0

Answer:

C)Many firms operate in the market and produce similar, but differentiated products.

Explanation:

A monopolistic market structure has many firms competing for the same customers. Although the firms sell similar products, each tries to make their products different from the rest. Each firm can set its price because the products are differentiated. Other characteristics of monopolistic competition include

  1. Freedom of entry and exit.
  2. There many sellers and buyers
  3. Each firm sets its product price
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Answer:

Understanding electricity storage in batteries.

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4 0
2 years ago
On july 1, a company receives an invoice for $800 with term 1/10, net 30.
Marat540 [252]

The payment to be made on the invoice for $800 with term 1/10, net 30 will be $800, as the discount period has lapsed on the date of payment.

<h3>What is payment?</h3>

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8 0
2 years ago
The company acquired a machine on January 1 at an original cost of $ 81,000. The machine’s estimated residual value is $ 15,000,
sveta [45]

Explanation:

The company acquired a machine on January 1 at an original cost of $ 81,000. The machine’s estimated residual value is $ 15,000, and its estimated life is 20,000 service hours. The actual usage of the machine was as follows:

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2 years ago
According to the economics and statistics administration, 76.7% of u.s. households owned a computer in 2010 what is the probabil
Helen [10]

The probability that of three randomly selected US households at least one own a computer in 2001 is  0.9176871. I am hoping that this answer has satisfied your query and it will be able to help you in your endeavor, and if you would like, feel free to ask another question.

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3 years ago
Which of the following is a disadvantage of the sole proprietorship form of ownership
vaieri [72.5K]
Lack of performance. 
5 0
3 years ago
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