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 149 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?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Which of the following statements is true of linkage? Which of the following statements is true of linkage?
Common Fluoride Products Common Fluoride Products
Major inner membrane transport systems for respiratory substrates and products Major inner membrane transport systems for respiratory substrates and products
Marginal Products of Physical and Human Capital Marginal Products of Physical and Human Capital
Management Information Systems: Managing the Digital Firm, 15th Edition Management Information Systems: Managing the Digital Firm, 15th Edition
Some of the Various E. coli Genes and Their Products or Role in Replication Some of the Various E. coli Genes and Their Products or Role in Replication
Video: Random alignment at Metaphase I Animation

For a complete list of videos, visit our video library