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amm1812
1 year ago
8

Is the presentation of raw numerical or verbal descriptions in a form that is useful for a specific purpose.

Business
1 answer:
grin007 [14]1 year ago
3 0

Information is the presentation of raw numerical or verbal descriptions in a form that is useful for a specific purpose.

<h3>What is the importance of information?</h3>

It should be noted that information simply means the data that has been processed.

In this case, inormation is the presentation of raw numerical or verbal descriptions in a form that is useful for a specific purpose.

Learn more about information on:

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In a bilateral monopoly with one buyer and one seller, the monopoly power of the seller and the monopsony power of the buyer ten
scoray [572]

Answer:

counter-act one another.

Explanation:

As  a bilateral monopoly has one buyer and one seller, the buyer wants to pay the lower price possible and the seller wants to charge a high price. So, they have opposite goals and they have to negotiate considering the power each one has and find an agreement in which both win. According to this, the answer is that in a bilateral monopoly with one buyer and one seller, the monopoly power of the seller and the monopsony power of the buyer tend to counter-act one another as their positions are in conflict and they have to find a middle point to get to an agreement.

The other options are not right because their goals are in conflict so they don't support the idea of the other party and both parties have a relative bargaining power and because of that, the monopoly power of the parties does not favor the buyer or the seller.

6 0
3 years ago
Describe a real or made up example of word of mouth promotion. Why do you think people were motivated to spread this message to
finlep [7]
If people like the message they want everyone to know. an example is referring someone to paint a friends house when they complain about not finding anyone.
3 0
3 years ago
Read 2 more answers
A group of friends decided to divide the $800 cost of a trip equally among themselves. when two of the friends decided not to go
s344n2d4d5 [400]
Total cost for the trip = $800.

Let x  =  original number of friends.
Therefore the equally shared cost of the trip for each friend is $800/x.

After 2 friends drop out, the cost for each friend increases to $800/(x-2).
The increase in cost for each remaining friend is $20, therefore
\frac{800}{x-2} - \frac{800}{x} =20
Divide through by 20.
\frac{40}{x-2} - \frac{40}{x} =1\\ \\\frac{40x-40(x-2)}{x(x-2)} =1 \\ \\ \frac{80}{x(x-2)} =1
Cross multiply.
x(x - 2) = 80
x² - 2x - 80 = 0
(x + 8)(x - 10) = 0
x = -8 or 10
Reject x = -8 because we cannot have a negative number for friends.
x = 10

Answer: There were 10 friends in the original group.
6 0
3 years ago
Oligopolies exist because of barriers to entry. One of the most important barriers to entry is due to economies of scale. Why is
GREYUIT [131]

Oligopolies exist because of barriers to entry. One of the most important barriers to entry is due to economies of scale when it exists, the industry is more likely to be an oligopoly than a competitive one.

A market structure known as an oligopoly occurs when a few large sellers or manufacturers control a sizable portion of a market or an entire sector. Oligopolies are frequently the outcome of corporate collaboration as a way to increase profits. Because of the decreased competition, customers will pay more and workers will earn less.

In an oligopoly, there must be some entry barriers to allow businesses to capture a sizable portion of the market. These obstacles could be economies of scale or brand loyalty. Entry barriers, however, are lower than monopolies.

Several oligopoly-enabling circumstances have been noted. First off, there aren't many big companies in an oligopolistic market. This feature sets oligopoly apart from monopoly, in which there is only one entity.

To learn more about oligopoly refer to:

brainly.com/question/18686878

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5 0
1 year ago
23
julsineya [31]

Answer:

A.Acropolis

Search mo sa G00GLE

4 0
3 years ago
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