Answer:
A monopolistically competitive industry is characterized by
a. many firms selling products that are similar but not identical.
Explanation:
A monopolistic competition is a form of imperfect competition with many firms operating in the industry. For such an industry, the goods or services are differentiated, such that one firm's goods or services can easily be associated with the producer. This is mostly achieved through branding and the use of trademarks. Each firm, therefore, competes with many other competitors, but they limit their competition by differentiating their products so that consumers would have preference for one against the other, depending on their perceived value.
<span>Salivary amylase in your saliva breaks down the starchy morsel as you chew. The starch breaks down into maltose that accounts for the sweet taste in your mouth.</span>
Employment, inflation, productivity, and taxes and interest rates.
From those four I'd say the first three but taxes and interest rates are also important in certain cases as for purchasing but for working too!
Answer:
Modular Organization
Explanation:
One main characteristics of Modular Organization is that the organization is divided into several smaller groups. These smaller groups will be assigned with their own purpose/objectives and collectively the result of their works will be combined to achieve the goal of the organizations.
Example of this would be when car manufacturer divided its workers into several groups that focus on producing one specific part of the car (the wheel groups, the painting groups, the seat groups, the machine groups, etc)
So, when an entity consist of several teams, divisions, groups, branches, etc , we can say that the business adopt modular organization characteristics.
Answer:
Yes , I do agree with the statement "businesses should do anything they can to make a profit" I agree with this because in order to make money The business has to make profit. if they don't it could lead up to them losing the business from bankruptcy.
