This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following assumptions is TRUE about monopolistic competition? A) The firm's products ... (Read 87 times)

leo leo

  • Hero Member
  • *****
  • Posts: 566
on: Jun 29, 2018
Which of the following assumptions is TRUE about monopolistic competition?
 
  A) The firm's products are differentiated.
  B) There are few producers of the product.
  C) Firms will not advertise.
  D) It is difficult for firms to enter this industry.

Question 2

Which of the following is an example of a vertical merger?
 
  A) Northeastern Illinois University merging with McDonald's.
  B) Northeastern Illinois University merging with a training academy for new professors.
  C) Northeastern Illinois University merging with Roosevelt University.
  D) Northeastern Illinois University going from a public to a private university.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

briezy

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


leo leo

  • Hero Member
  • *****
  • Posts: 566
Reply #2 on: Jun 29, 2018
Correct answers!


briezy

  • Sr. Member
  • ****
  • Posts: 347
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Influence of abiotic factors on competition between T. castaneum and T. confusum. Influence of abiotic factors on competition between T. castaneum and T. confusum.
Assumptions of race-ethnicity can have unusual consequences. In this photo, Ethiopian Jews in ... Assumptions of race-ethnicity can have unusual consequences. In this photo, Ethiopian Jews in ...
Consumption of animal products "استهلاك المنتجات الحيوانية" Consumption of animal products "استهلاك المنتجات الحيوانية"
The Excretory System Water and waste products from cells The Excretory System Water and waste products from cells
The carotenoid lycopene, found in tomatoes and tomato products, functions as an antioxidant The carotenoid lycopene, found in tomatoes and tomato products, functions as an antioxidant
Management Information Systems: Managing the Digital Firm, 15th Edition Management Information Systems: Managing the Digital Firm, 15th Edition
Video: Muscle Fatigue and Recovery

For a complete list of videos, visit our video library