Ask Question
BusinessBusiness
25 March, 06:28

Monopolistic competitors in the food industry will often include a recyclable symbol on packaging used for their product as a means to

+4
Answers (1)
  1. 25 March, 06:57
    0
    It means to differentiate their product. Monopolistic competition is a sort of blemished rivalry with the end goal that numerous makers offer items that are separated from each other and subsequently are not impeccable substitutes.

    Harmony under monopolistic competition. In the short run, supernormal benefits are conceivable, however, over the long haul, new firms are pulled in into the business, as a result of low boundaries to the passage, great learning and a chance to separate.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Monopolistic competitors in the food industry will often include a recyclable symbol on packaging used for their product as a means to ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Ashley is single and lives with Barney, her boyfriend, and Candy, his 8-year-old daughter. Ashley paid all of the support for her household in 2018. Barney has earned income of $2,500 and had income tax withheld from his wages.
Answers (1)
Consider the relative liquidity of the following assets: Assets 1. A share in a publicly traded company 2. The funds in a savings account 3. A $10 bill 4. Your car Select the assets in order of their liquidity, from most liquid to least liquid.
Answers (2)
What is scaracity?
Answers (2)
Kent bought a $2,000, 20-year U. S. Treasury bond that paid six percent annual yield when he was 22. How much would that bond be worth 20 years later when it matured?
Answers (1)
Coranado Company purchases $70,000 of inventory from a wholesaler who allows 45 days to pay. In addition, the wholesaler offers a 3% discount if payment is made within 12 days. These payment terms would be expressed as: a. n/45, 3/12. b. 0.
Answers (1)
New Questions in Business
John has applied overhead of $80,000 and actual overhead of $70,600 for the month of November. He applies overhead based on direct labor hours, and that amounts to 10,000 hours for the month of November.
Answers (1)
Under market organization, individuals can communicate their preferences to other decision makers directly, through communication, but not indirectly, through their choice of whom to transact with. A) True B) False
Answers (1)
If you die without a valid will: the federal court decides how the property should be distributed. the IRS confiscates your property. your relatives or friends will get the property. the state's law of descent and distribution becomes your will.
Answers (1)
A service economy is one in which more effort is devoted to the production of goods than to the production of services. a. true b. false
Answers (1)
Alpha Company sold goods to customers who used Under-the-Hill bank credit cards. Credit card sales on July 8, 2016 amounted to $12,000 and were subject to a 2.5% bank fee.
Answers (1)
Home » Business » Monopolistic competitors in the food industry will often include a recyclable symbol on packaging used for their product as a means to
Sign Up Forgot Password?