Answer:
Geographical area
Explanation:
Product differentiation which is based upon different functionality is referred to as Horizontal differentiation.
Product differentiation refers to a mechanism whereby a manufacturer makes his product unique and slightly different from similar products offered in the market by competitors. Such an attribute helps a customer in product identification.
Product differentiation can be achieved by different packaging, changing product appearance, product quality or added functionality.
Horizontal differentiation takes place when products which belong at the same level differ slightly based upon different functions or uses they offer.
While a firm uses horizontal differentiation for it's products, it divides itself into subunits based upon functions , type of business and geographical area. It means each subunit focuses on it's own functions i.e the kind of differentiated products the sub unit shall produce, serving the requirements of a specific geographical area.
Answer:
A. have permission from the government.
B. face a downward-sloping demand curve.
C. set price equal to marginal cost.
D. be sure the price-marginal cost ratio is the same for all its submarkets.
Explanation:
total cost to be accounted for
Answer: Option 3.
<u>Explanation:</u>
In Economics, total cost is the all out monetary expense of creation and is comprised of variable cost, which fluctuates as indicated by the amount of a decent delivered and incorporates sources of info, for example, labor and raw material.
Add your fixed expenses to your variable expenses to get your all out expense. Your all out average cost for basic items on your spending limit is the aggregate sum of cash you went through over a one month time span. The equation for discovering this is basically fixed costs + variable expenses = total cost.
The equilibrium is the middle, or the point where the lines meet
So when we look at the point at which they lie at, we can see that it isn't exactly eight and it isn't exactly ten, it's in between those two numbers
So the answer is nine dollars
The difference in value between a country's imports and exports.
