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 110 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?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Adapoids and omomyoids had longer snouts and are the first “true” primates. Adapoids and omomyoids had longer snouts and are the first “true” primates.
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 ...
Basic two-handed kneading. Tissues are lifted with the whole hand in firm contact. Basic two-handed kneading. Tissues are lifted with the whole hand in firm contact.
The two phases of glycolysis and the products of glycolysis The two phases of glycolysis and the products of glycolysis
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: hGH (protein synthesis, growth and development)

For a complete list of videos, visit our video library