Answer: one firm, a unique product, price control, and entry barriers. (C)
Explanation:
A pure monopoly is a form of market structure where there is only one company that is the single source for a product and no close substitutes for the product. Pure monopolies are rare and for a pure monopoly to exist, there must be barriers to entry which prevents competitors.
Monopolistic competition is a form of imperfect competition where there are many producers selling products which are differentiated from one another maybe by quality or branding and therefore are not perfect substitutes. Monopolistic competition has fewer firms, some price control.
Answer:
They will be genetically identical.
Explanation:
The process results in four daughter cells that are haploid, which means they contain half the number of chromosomes of the diploid parent cell. Meiosis has both similarities to and differences from mitosis, which is a cell division process in which a parent cell produces two identical daughter cells.
Answer:
Forward rate= Spot rate * (1+ US interest rate)/(1+Euro interest rate)
= 1.05*1.05/1.03
Forward rate= $1.0704/€
Explanation:
<span>They are said to correlate with each other. While there may or may not be a causal link between the two traits, there would definitely be a correlation between the two. However, trying to find out whether the two are causally linked would be outside the scope of the study, either due to financial, feasibility, or ethical concerns.</span>
Answer:
agreed
Explanation:
In simple words, the modern business environment is such that an unethical firm will not survive for long in the market. Thus, it is mandatory for firms to be ethical in every way. A CEO of a company represents the company and can considerations the face of the entity, thus, his or her authority obliges him or her to act and make others act in an ethical manner.
The value statements and code of ethics should be considered as must for the operative activities as it serves as a code of conduct for followers.
