Which activity of the value chain includes inducing a customer to purchase a product?

What term describes the level of competition in which there are many buyers and sellers of products that are virtually identical and where any seller can easily enter or exit the market?

a. monopoly b. monopolistic competition c. oligopoly d. perfect competition

Double-entry accounting requires that each transaction must be recorded

a. in only one account. b. None of answers listed c. in no more than two accounts. d. in at least two accounts.