David cultivates and sells sugarcane to a sugar manufacturing company.John is a retailer for pet food.Which of the following is a difference between David's and John's businesses?
A) Unlike John,David has very few competitors.
B) Unlike John,David is eligible for tax exemptions.
C) Unlike John,David has no control over the pricing of his product.
D) Unlike John,David can patent his product.
Correct Answer:
Verified
Q6: Assume that the price of gasoline triples.What
Q13: An economist studies the consumer behavior in
Q34: Monopolistic competition has _.
A)many buyers and sellers,who
Q39: Explain oligopoly.
Q41: Incentives to motivate employees to perform at
Q43: The equilibrium price is established when the
Q46: If the cost of producing a good
Q47: Flora Cult Inc. ,an exporter of flowers
Q48: According to a supply curve,_.
A)as prices rise,quantity
Q49: Henry ventures into a new business with
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents