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NEW QUESTION: 1
Under monopolistic competition, strategic plans focus on:
A. Maintaining the market share and being responsive to market conditions related to sales price.
B. Maintaining the market share and planning for enhanced product differentiation.
C. Maintaining the market share, ensuring product differentiation, and adapting to price changes or
required changes in production volume.
D. Profitability from production levels that maximize profits.
Answer: B
Explanation:
Choice "c" is correct. Under monopolistic competition, strategic plans include maintaining the market
share (as with pure competition), but they also likely include plans for enhanced product differentiation
and allocation of resources to advertising, product research, etc. Choices "a", "b", and "d" are incorrect
because they are characteristics of other types of market structures.
NEW QUESTION: 2
A. Option B
B. Option E
C. Option C
D. Option D
E. Option A
Answer: A,E
NEW QUESTION: 3
Which of the following vitamins has tetrahydrofolate coenzyme activity based on its pteridine ring?
A. Pyridoxine
B. Vitamin K
C. Vitamin D
D. Thiamine
E. Folic acid
Answer: E
NEW QUESTION: 4
What is the biggest problem with the pie graph displayed?
A. The total males and females do not equal the total children, adolescents, and adults.
B. There is more than one variable displayed on the chart.
C. There are no definitions for children, adolescents, and adults.
D. There is not enough variation in the patterns to clearly distinguish between females and children.
Answer: B
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