The purpose of a lease is a rent. When you "lease" something, that's the business term of renting something ;-)
After a 12-week program of intense classroom and physical training (hands on), it will follow along with a 21-day Boot camp.
Hope this helped!
Entry of new firms into monopolistically competitive industries is relatively easy because capital requirements are low. Thus the correct answer is D.
<h3>What is a monopoly?</h3>
A monopoly refers to a firm that has a single authority in the market and controls the market completely. In a monopoly, there is a single rule and an absence of competition.
Monopolistic competition describes a competitive market in which a small number of sellers give clients near alternatives. It is a market system in which a large number of enterprises compete in the same industry.
Each firm runs on its own, producing comparable but production of innovative products, with no concern for what other companies are doing. These types of firms are very easy to enter and exit the market.
Therefore, option D with low capital requirements is the correct answer.
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Answer:The answer is production
Explanation:
Production can be defined as the creation of utilities needed to satisfy human wants. It is a transformation of raw materials into finished goods and the distribution and provision of goods and services to satisfy human wants. Production is said to be complete when the goods are finally in the hands of the users or consumers Who will consume the goods.
Goods can be divided into two namely:
Consumer good : consumer goods are the goods that can satisfy the consumer immediate wants. These goods do not need further process of production for their use by the consumer. Examples of consumer goods are milk, bread, beer.
Industrial good : industrial goods are the goods meant for the production of further goods.Examples are machines, cars, truck used in carrying out productive activities.
Raw materials are the examples of consumer goods that can be used as industrial goods to start a business. These raw materials are put together into finished goods through human effort with or without the help of machines. The raw materials are needed to produce goods without raw materials production of goods is impossible to achieve.
Answer:
their cross price elasticities are greater than zero
Explanation:
The price elasticity of cross demand is a measure of the sensitivity of the demand of one good to the price of another good. If goods are considered subtitles, elasticity will be positive, ie when the price of one of the goods rises, the demand for the other will increase. Therefore, the elasticity will be greater than zero.
