Provide some business examples. The strategic goal which an IS can attain without involving wresting market share from competitors by following certain measures like: By lowering the price of units to sell while maintaining the quality of the products. By offering new products and services.
Each firm in the monopolistic competitive industry produces a slightly differentiated product.
The monopolistic competition occurs where competitive firms produces or manufactures products or services that are similar and close substitutes to one another.
The characteristics of the monopolistically competitive market includes:
- presence of many sellers in the market
- easy entrance and exit of consumers in the market
- differentiated products in the market.
Therefore, the Option D is correct because each firm in the monopolistic competitive industry produces a slightly differentiated product.
Read more about monopolistic competition:
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Answer:
$15.35 trillion
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
11.80 + 1.25 + 3.10 + (1.35 - 2.15) = $15.35 trillion
Answer:
C) 515 hours
Explanation:
The mean is the central value of set of numbers.
It is calculate by adding all the values together and then, divide by the quantity of items
∑ x
--------
n
∑ =525 + 515 + 505 + 515 = 2,060
now we divide this value by the total number of items. Notice we take four headlamps so we divide by tis amount:
Mean = 2,060 / 4 = 515
Caleb should put as many promising ideas to test and encourage creativity among his employ.
<h3>Does encourage mean support?</h3>
Encourage is defined as to give someone hope, confidence or support.
<h3>What makes a person encouraging?</h3>
Once we understand what the issue is, an important part of encouraging someone is to validate their feelings, and try to understand why they feel that way. I personally find that one of the least effective ways to encourage someone is to just say something like 'it'll be fine' or 'don't worry, you'll be great'.
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