« previous next »

Author Question: Monopolistic competition is characterized by: a. one firm selling several products. b. many firms ... (Read 86 times)

awywial

  • Hero Member
  • *****
  • Posts: 577
on: Jun 30, 2018
Monopolistic competition is characterized by:
 a. one firm selling several products.
 b. many firms selling the same product.
 c. many firms selling slightly different products.
  d. one firm selling one product.

Question 2

When a U.S. importer needs 22,000 to settle an invoice for 25,520 Swiss francs, the exchange rate must be:
 a. 1 Swiss franc = 1.16.
  b. 1 Swiss franc = 0.16.
  c. 1 Swiss franc = 0.84.
  d. 1 = 1.16 Swiss franc.
  e. 1 = 1.84 Swiss franc.


ergserg

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Firms Incorporated into U.S. Steel Firms Incorporated into U.S. Steel
A chest X-ray showing pneumonia characterized by the patch of gray-white areas. A chest X-ray showing pneumonia characterized by the patch of gray-white areas.
Selected Natural Products Selected Natural Products
Indications for Blood Products Indications for Blood Products
How many monochlorosubstitution products are possible for 2,3-dimethylbutane? How many monochlorosubstitution products are possible for 2,3-dimethylbutane?
Products of Protein Breakdown Products of Protein Breakdown
Video: Mendel's pea plant, Pisum sativum experimental

For a complete list of videos, visit our video library