Answer:
Retail positioning matrix
Explanation:
Value added is also known as the retail positioning matrix, which includes the element of location, product reliability, or prestige under the dimensions of the breadth of the product line and value-added. As in the given case, the Boston market has added pickup, delivery, and full-service catering to its original restaurant format, therefore, they had value-added services and they have a broad product line of frozen meals in the frozen food sections of groceries. , which should be measured on four positions in the retail positioning matrix, such as:
- high value, broad product line
;
- low value, broad product line
- high value, narrow line
.
- low value, narrow product line.
However, due to lack of information competitor and market share, we can not position the phase of company.
In economic terms, marginal is another word for: C. additional
Let's say that you need to consume 2 hamburgers to be fully satisfied. The marginal cost refer to the additional cost that you need to pay to acquire the second hamburgers
hope this helps
Monitor business practices that might lead to monopolies
Answer:
Option (d) is correct.
Explanation:
The opportunity cost refers to the cost of selecting some other alternative over other. It is the value of activity or the satisfaction obtained from the good foregone to choose other alternative.
In our case, if Hal decided to go to college then he have to left his job where he earned some money income.
Therefore, the opportunity cost of attending college is the money income that Hal lose as he could have earned that income.
Answer:
The correct answer is D
Explanation:
Normal profit also called as the fair return, which means staying in the business without subsidy, higher social welfare, price exceeds the marginal costs and there is no reason for the monopolist to the cut the costs.
Thus, the general problem with adopting or acquire the normal normal profit pricing for the natural monopoly, is that it is not efficiently allocative.
Allocative efficiency states a situation or a condition in which the output of every product is such that that marginal cost and the market price are equal or vice- versa.
