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

Author Question: Who operates and controls a corporation in its day-to-day activities? A) employees B) ... (Read 27 times)

moongchi

  • Hero Member
  • *****
  • Posts: 516
on: Jun 29, 2018
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?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Rilsmarie951

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 29, 2018
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

  • Member
  • Posts: 516
Reply 2 on: Jun 29, 2018
Gracias!

pangili4

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Your heart beats over 36 million times a year.

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.

Hydration is essential to body function, especially engaged in strenuous activities Hydration is essential to body function, especially engaged in strenuous activities
Exercises and Activities That Can Improve Cardiorespiratory Fitness Exercises and Activities That Can Improve Cardiorespiratory Fitness
It is important for new employees to know the location of all fire extinguishers. (A) Pull the pin ... It is important for new employees to know the location of all fire extinguishers. (A) Pull the pin ...
Group fitness activities geared toward senior citizens can improve their physical strength and ... Group fitness activities geared toward senior citizens can improve their physical strength and ...
Reduced mobility in late adulthood often results in more limited activities and smaller social ... Reduced mobility in late adulthood often results in more limited activities and smaller social ...
Cookies activities for senior kindergarten Cookies activities for senior kindergarten
Video: Leukemia

For a complete list of videos, visit our video library