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Economy and Quality Management (KGNB_MMTA110)

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True (Igaz) or False (Hamis)

Monopolistic Competition is the competition of brands.

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True (Igaz) or False (Hamis)

Profit: The

money that business makes: Cost minus Revenue  

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True (Igaz) or False (Hamis)

Monopoly is good for society.

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The supply function of the competing company is...

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Compute and answer the questions!

Accounting Cost: 600

Accountable Implicit Costs: 100

Normal Profit in this sector: 10% of the Revenue

Revenue: 1000

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Pair them! 

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