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Author Question: Which of the following is a reason behind Wal-Mart's success? a. Absence of unionization and ... (Read 34 times)

pragya sharda

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on: Jun 30, 2018
Which of the following is a reason behind Wal-Mart's success?
 a. Absence of unionization and encouragement of merit-based promotions.
  b. Complete control over the market price.
  c. Presence of regional managers in the field rather than at headquarters.
  d. Centralized control and inspection over the functioning of store managers.

Question 2

In equilibrium under monopolistic competition:
 a. marginal revenue exceeds average revenue.
  b. marginal revenue exceeds marginal cost.
 c. marginal revenue is equal to marginal cost.
  d. marginal revenue is less than marginal cost.


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dawsa925

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

c


pragya sharda

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  • Posts: 566
Reply 2 on: Jun 30, 2018
Excellent

lcapri7

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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