The demand curve of a monopolistically competitive producer is Multiple Choice less elastic than that of either a pure monopolist or a pure competitor. less elastic than that of a pure monopolist, but more elastic than that of a pure competitor. more elastic than that of a pure monopolist, but less elastic than that of a pure competitor. more elastic than that of either a pure monopolist or a pure competitor.

What is the most important factor that affects the value of a company? a) cash flow b) earnings c) supply and demand d) number of employees

In general, as long as the number of firms that possess a particular valuable resource or capability is less than the number of firms needed to generate perfect competition dynamics in an industry, that resource or capability can be considered and a potential source of competitive advantage.answers: valuablerareinimitableun-substitutable

Read the scenario. alfonso is 19 years old and has a high school diploma. recently, he was promoted to assistant manager at the fast-food restaurant where he has worked since the age of sixteen. his dream is to become the restaurant’s manager. what is his best option for achieving his dream? he should find another job and work his way up to a higher position. he should hope that his manager transfers to another location and that he is his replacement. he should attend classes at the local college to receive training in management. he should work hard, work longer hours, and remain assistant manager.