The answer would be: <span>rapid growth in buyer demand, high buyer costs to switch brands, and more strongly differentiated products
the factors above will make each competing sellers have a lot of potential customers to work on, which will make them choose to avoid a clash between competitors (which will cost a lot of money) and choose to target different segments of the market instead.</span>
A social Psychologist referred to social loafing as the situation when only three of the four actually do the required work for a group presentation.
Social loafing is a phenomenon in psychology where people work less or exert less effort towards the particular goal of the group while working in a group. Social loafing may not seem visible while calculating the team performance as a whole, this phenomenon occurs when an individual's work is taken into consideration because, in the group, some members actually do the required work while others put less effort leading to the situation of social loafing.
The larger the group, the fewer effort members exert and the more clear social loafing experienced. In this condition, other members have to come forward in order to compensate for the work left by low members.
To learn more about social loafing, follow the below link:
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Answer:
B. (iii) only
Explanation:
Economists normally assume that the goal of a firm is to earn
(iii) revenues as large as possible, even if it reduces profits.
The reason for economist to normally assume the goal of a firm is to earn revenues as large as possible, even if it reduces profits, is that, while achieving more profit is what can make firm to keep running, there are times when rather than maximizing the profits alone, the economist look at the long run and seeks to generate more sales or total revenue, even if it decreases the profit generated, so as to increase the firm market share relative to its competitors.
Hence, economist seeks to maximize profits, while making higher number of sales.
In short, the seek the following:
1. Growth Maximization
2. Increasing Market Share
3. Satisfying Behavior
4. Maximizing Sales or Total Revenue
Answer:
Birds’ feathers are designed to be light but very strong, flexible but very tough. Although it looks like feathers grow all over a bird, they actually grow in specific areas called feather tracks. In between the feather tracks are down feathers. This keeps the body weight down.
Feathers are made of a tough and flexible material called keratin. The spine down the middle, called the shaft, is hollow. The vanes are on the two halves of the feather. They are made of thousands of branches called barbs. Because there are many spaces between these barbs, a feather has as much air as matter.
Explanation:
