Answer:
c. both a monopoly and a competitive firm
Explanation:
A monpolistically competitive firm is a firm that has the features of both a monopoly and a competitive firm
Characteristics of a monopoly in a monpolistically competitive firm:
1. Products are differentiated in a monpolistically competitive firm.
2. Firms are price setters.
Characteristics of perfect competition in a monpolistically competitive firm:
1. There is free entry and exist into the industry.
2. There are many sellers
Answer:
1X= 5/7Y
1Y= 7/5Y
Explanation:
Relative price of product of X in terms of product Y is the price of product X expressed a fraction of product of Y, that is $10/$14=5/7,and it is expressed in standard terms 1X=5/7Y
The relative price of product Y in terms of product X is $14/$10=7/5 and also can be expressed in standard format as IY=7/5Y
All in all, product the relative price of product Y seems to be higher than the relative price of product x
Mutual savings banks are primarily regulated by the states
in which they are located.
<span>To add, a </span>mutual savings bank<span> is a financial institution chartered by a
central or regional government, without capital stock, that is owned by its
members who subscribe to a common fund. From this fund claims, loans, etc., are
paid. Profits after deductions are shared among the members.</span>
Answer:
The correct answer is: "D. Both external and internal".
Explanation:
The only possible answer to fill in the space is letter D because it is reasonable to think that a company should focus both on external and internal values for customers in order to make it grow for both parts. As it is an event management company, it is very important to highligh the external demands and how they come and go with clients, agencies, and subsidiaries, while the company must take care of their internal customers who are more responsable for maintaining their strategy going on properly.
