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 165 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?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Apparent and True Orbits of Alpha Centauri. Apparent and True Orbits of Alpha Centauri.
Violating Background Assumptions Violating Background Assumptions
Liquid Formulations of Herbal Products Liquid Formulations of Herbal Products
Common Fluoride Products Common Fluoride Products
Educate clients about products related to massage therapy and the clients’ health goals without ... Educate clients about products related to massage therapy and the clients’ health goals without ...
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
Video: Digestive chemicals - types & enzymes

For a complete list of videos, visit our video library