·firms produce and sell identical products
· firms have a relatively small market share
...
Business, 16.09.2019 17:40, XxJadexX6527
·firms produce and sell identical products
· firms have a relatively small market share
· consumers are aware of the products and their prices
· there are few barriers to entry into the market
all of these are describing what market type of market structure?
a) monopoly
b) oligopoly
c) perfect competition
d) monopolistic competition
Answers: 2
Business, 22.06.2019 10:10, manny2275
True tomato inc. makes organic ketchup. to promote its products, this firm decided to make bottles in the shape of tomatoes. to accomplish this, true tomato worked with its bottle manufacture to create a set of unique molds for its bottles. which of the following specialized assets does this example demonstrate? (a) site specificity (b) research specificity (c) physical-asset specificity (d) human-asset specificity
Answers: 3
Business, 22.06.2019 23:40, Anliz0179
Elite coffee and bakery, a café that offers a relaxing environment to enjoy quality coffees, teas, soups, and other menu items, has a poster in the front of its restaurants that reads, "we will always provide a quality product to our customers better meet the challenges of their day and always take the time to offer caring service one person at a time." this statement is elite's
Answers: 2