Answer:
small; standardized; little or no
Explanation:
A perfect competition is when there are many firms in an industry selling standardised or identical goods and services. It is characterised by many buyers and sellers . Sellers have small market share because of the large number of sellers in the market. Prices are usually set by market forces. Sellers cannot influence the price their products sell for , therefore, they are price takers.
There is little or no need for advertising as all firms sell identical goods.
I hope my answer helps you.
Answer:
You pay taxes upfront
the maximum contribution is low
Explanation:
UTP quiz
Answer:
a. Apply for a larger loan amount.
Explanation:
In the case when the loan is re-applied after rejecting so if we applying for a larger loan should be rejected even quickly. As if the financial insitution found that the smaller amount loan is been rejected so application made for larger amount of loan should not be helped out for approve. Also there is proper tracking of loans with regard to the customer names
Hence, the option a is correct
Answer:
Conjoint study
Explanation:
A conjoint study is also known as Conjoint analysis, it is a form of market survey or market research that helps a business to know how people interacts with their product and services based on the product's features, functions and benefits.
Conjoint study;
i. Helps to determine the preference level of an individual.
II. It also helps to determine realistic choices of customers or shopping task.
III. Helps to evaluate the psychological factors that consumers use when evaluating different features together.
