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sveticcg [70]
2 years ago
15

Hot Wok Cuisine is a premium Asian restaurant chain that differentiates itself from a large number of competitors by providing e

xclusively organic Chinese cuisine. It has some pricing power because it provides differentiated products and therefore, has some entry barriers in place. In this scenario, Hot Wok Cuisine is most likely operating in a(n) Multiple Choice oligopoly. monopoly. monopolistically competitive industry. perfectly competitive industry.
Business
1 answer:
aleksley [76]2 years ago
5 0

Answer:

monopolistically competitive industry.

Explanation:

this Asian restaurant is likely operating a monopolistically competitive industry. This kind of market structure is a combination of monopoly and competitive market. as it offers products and services which one similar. Also the question says that it has some barriers to entry, which is a characteristic of monopolistically competitive industry. Also goods are similar but not differentiated

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JJ was recently promoted to manager. Although he used to take advice from his peers, he seems no longer willing to listen to any
stich3 [128]

Answer:

B. An oversized ego.

Explanation:

An oversized ego basically depicts that JJ inability to listen to his peers, and he is no longer willing listen to his boss, and that proves he is too full of himself.

8 0
2 years ago
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The answer to the question is size and capacity vs. speed and flexibility.

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1 year ago
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New zealand's economy has received recent boosts from _____. natural gas trade with china foreign investors agriculture tourism
sergejj [24]
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6 0
1 year ago
Companies using LIFO are required to disclose the amount at which inventory would have been reported had it used FIFO. Similarly
Irina-Kira [14]

Answer:

True

Explanation:

LIFO is in fact, only allowed to be used in the United States, because under the new IFRS (International Financial Reporting Standards), the used of LIFO has been prohibited.

The reason for this, is that LIFO inflates the value of inventory, because the (usually) lower cost of old inventory is what is reported.

This is why companies using LIFO are obliged to report the hypothetical value of the inventories had they used FIFO.

8 0
1 year ago
Mark runs a home improvement business. He is happy with the level of business he receives, but he wants to learn more about his
Klio2033 [76]

Answer:

Secondary Data

Explanation:

Secondary data is defined as the data that is collected by the other people other than the end users of it.

In the case, Mark is the end users. And the data is of U.S census bureau, other governments agencies, database, however, is not collected by Mark but by marketing research firms and different reports instead.

So that, in this case, Mark is using secondary data.

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