The correct answer is forward integration. Forward
integration is being defined as a business strategy by which it is associated
with the vertical integration of where business activities are being expanded
by means of including the control of the direct distribution or the supply of
the products of the company.
Answer:
C. the skills and knowledge that enable a worker to be productive.
Explanation:
'Human Capital' is the stock of knowledge & skills embodied in people, enabling them to perform labour of economic value. It is considered as 'capital' because skills & knowledge development to become more productive yields better income & standard of living.
Human Capital formation i.e knowledge, skills & productivity enhancement has two crucial components : Education and Health.
Options A, B, D are inapt because : Human Capital is not 'physical capital', 'financial wealth', 'machinery' ; but is rather immaterial knowledge & skill set in people.
Answer: please refer to the explanation section
Explanation:
Assume we have two accompanies in the market Firm A and Firm B and the Demand curve be Dq. When Firm A and Firm B form a Monopoly through Collusion the will split the demand in half, each firm will act as if its demand curve is Dq/2.
Firm A = Dq/2, Firm B = Dq/2. Firm A will supply Q/2 units and Firm B will supply Q/2 units. The Market Demand curve will the combined demand curves of both firms. Market Demand Curve = Dq/2 + Dq/2 or simply Dq
Answer:
The correct answer is ) constant returns to scale.
Explanation:
Because in the long term there are no more fixed inputs, the distinction between variable and fixed inputs disappears and there are no CFT or CVT curves. In reality, it is only necessary to look at the nature of the shape of the average cost curve in the long term. Suppose that technological constraints allow a company to choose between the construction of three plants of different sizes: small, medium and large.
This line is called the average long-term cost curve (CPLP) and shows the minimum unit cost for any production when all inputs are variable and it is possible to build all plant sizes. The dashed lines of the CPCP curves always correspond to higher costs for each production than can be obtained with plants of other sizes.
Obviously, the final choice will depend on market demand and consumer demand trends, generally favoring larger plants in future proposals. Otherwise, the medium plant will be the most attractive, due to its lower investment requirements. Usually the firm will have more than 3 sizes to choose from. When this number tends to infinity, the CPLP curve encloses the CP curves and is tangent to them.
There are different reasons for market segmentation. Market segments are homogeneous in two ways: prospective buyers have common needs and they will respond <u>similarly </u>to marketing <u>action</u>.
<h3>Why market segments?
</h3>
The reasons set aside for a market segment are;
- Homogeneity among the different segment's specific needs.
- Its uniqueness
- A specific reaction to marketing tactics.
The reaction that arises from the market segments to marketing plans or strategies is said to be very well known by people. The market segment traits are interests, lifestyle, age, etc.
See full question below
Market segments are homogeneous in two ways: prospective buyers have common needs and they
a.) use traditional forms of media on a regular basis.
b.) are in the same income bracket.
c.) are likely to be open to brand-switching.
d.) can be convinced to share common wants.
e.) will respond similarly to marketing action.
Learn more about market segments from
brainly.com/question/5545577
