1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anuta_ua [19.1K]
2 years ago
6

In a monopolistic competitive industry, a. there are significant barriers to exit. b. there are few sellers. c. there are signif

icant barriers to entry. d. each firm in the industry produces a slightly differentiated product.
Business
1 answer:
Nesterboy [21]2 years ago
6 0

Each firm in the monopolistic competitive industry produces a slightly differentiated product.

The monopolistic competition occurs where competitive firms produces or manufactures products or services that are similar and close substitutes to one another.

The characteristics of the monopolistically competitive market includes:

  • presence of many sellers in the market
  • easy entrance and exit of consumers in the market
  • differentiated products in the market.

Therefore, the Option D is correct because each firm in the monopolistic competitive industry produces a slightly differentiated product.

Read more about monopolistic competition:

<em>brainly.com/question/25717627</em>

You might be interested in
5. If you enter a road from a driveway, alley or roadside you must:
8_murik_8 [283]

Answer:

If you enter a road from a driveway, alley or roadside you must:

Yield to vehicles already on the main road.

Explanation:

The concept of right to way is supposed to be understand since there are no law that actually grants the right of way since it only states when the right of way is to be yielded. This concept has to be considered and well understood by all motorists to avoid conflict on roads. These conflicts often cause accidents which can lead to possible loss of life. Thus the rules governing right of way have to be taken very seriously to minimize the probability of accident.

In the following cases the right of way has to be yielded;

1. When one is at a yield sign for example; a stop sign

2. At a pedestrian crosswalk

3. At intersections that don't have traffic lights or where there is uncontrolled movement

4. At T intersections where one has to yield to motorists already on the main road

5. When one needs to turn left into the main road, one needs to yield to oncoming vehicles on the main road

6. One one is moving from a parking lot to the pavement

In our case, rule number four applies since one needs to enter from a driveway alley or roadside to the main road. This means that one on the driveway needs to yield to vehicles already on the main road.

3 0
3 years ago
Read 2 more answers
​a(n) _____ operation does not start processing or assembling products until it receives a customer order.
Scorpion4ik [409]
A Make-to-Order Operations operation does not start processing or assembling products until it receives a customer order. 
This type of strategy is used to minimize product abundance that exist in the market. Usually, being done by the company whose products sold under a large price (such as car or boats)
4 0
3 years ago
You would like to compare your firm's cost structure to that of your competitors. However, your competitors are much larger in s
Mashutka [201]

Answer:

b. Common-size income statement

Explanation:

The common-size income statement refers to the income statement which show the each item of the income statement with respect to the percentage of sales revenue.

It helps to analyze the company overall productivity, financial position, performance of the company that helps the company to compare with its competitors.

6 0
3 years ago
Demonstrate the required adjusting entry needed to record a $1,000 note receivable collected by the bank by choosing the correct
MrRissso [65]

Answer:

Debit Cash $1,000 and credit Notes Receivable $1,000.

Explanation:

The adjusting entry is shown below:

Cash Dr $1,000

    To Notes receivable $1,000

(Being the note receivable collected by the bank is recorded)    

While recording the transaction, we debited the cash account as it increases the cash balance and credited the note receivable.

Hence, the second option is correct

5 0
3 years ago
Which form of currency is not backed by gold today? The form of currency no longer backed by gold is called money
Amiraneli [1.4K]
<span>
The form of currency that is no longer backed by gold is called money. The currency is not backed by gold because in 1971 people have became able to utilize </span><span>banknotes</span><span> as the only form of money. So, the money had no currency with any gold or silver backing and that is the reason why it is not backed.
</span>
3 0
3 years ago
Other questions:
  • Last year you paid $24 for a round of golf and $12 to rent a golf cart. this year it cost you $30 to golf and $15 to rent a cart
    6·1 answer
  • Use the following information to prepare a classified balance sheet for Alpha Co. at the end of Year 1. Accounts receivable $ 40
    8·1 answer
  • Patsy Banz owns 220 shares of General Mills Corporation. For the last calendar quarter, General Mills Corporation paid $0.47 a s
    11·1 answer
  • Financial accounting should provide information that:_______.
    13·1 answer
  • Cash balance, September 1 (from a summer job) $7,560
    10·1 answer
  • Some colleges charge for student parking. Currently, your college does not charge for parking but the administration announced a
    15·1 answer
  • Kendall executes a separate written instrument to amend her prior will. This separate document is a:
    10·1 answer
  • Assume that Amazon sells the MacBook Pro, a computer produced by Apple, for a retail price of $1,500. Amazon arranges its operat
    15·1 answer
  • The following unadjusted trial balance is prepared at fiscal year-end for Nelson Company.
    6·1 answer
  • Once you purchase a house. It typically appreciates in value. Appreciation is
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!