Who operates and controls a corporation in its day-to-day ...

[moongchi]

Who operates and controls a corporation in its day-to-day activities?
 
  A) employees B) stockholders
  C) the board of directors D) management

Question 2

How are the products sold by a monopolistically competitive firm different from the products sold in a competitive market?
 
  What will be an ideal response?

[Rilsmarie951]

Answer to Question 1

D

Answer to Question 2

In a competitive market, the products sold by each producer are identical to the products sold by other firms. In other words, the products sold in a competitive market are homogeneous and are perfect substitutes for each other. However, in a monopolistically competitive market, the products are differentiated. The products are close substitutes but are not identical.

[moongchi]

Thanks for the timely response, appreciate it

[dreamfighter72]

Wow, this really help