I think it would be “oligopoly”
Answer:
d. The demand for any individual brand is less elastic than industry aggregate demand
Explanation:
A consumer will change brand before leaving the market
as considering the consumer wants to maximize their utility it will always consume for that goal as the bran is a premium which provides utility as the price of that particular brand cuts form their competitors it will make the demad more elastic as i is cheaper to move toother suppliers
Answer: 1) Hire experienced employees 2) Understand the marketplace and define clear KPIs 3) Organize your business plans
Explanation:
It's important for your employees to be qualified for their job, because their performance affects you the same way it would affect their paycheck
You have to understand the marketplace and what your competition is, so that you can do your best, understanding marketing trends and high demands
Being organized is very important, you need to set dates on your calender and take notes
I hope this helped :D
Answer:
Planned Aggregate Expenditure equals <u>290 + 0.75Y</u> and the short run equilibrium output equals <u>1,160</u>.
Explanation:
Autonomous spending basically covers essential needs, e.g. housing expenses, food, clothing, etc., and is not affected by the marginal propensity to consume (MPC).
so consumption must equal: C = 100 + 0.75 (Y income - 40 taxes)
PAE = C + I + G + X = 100 + 0.75(Y - 40) + 50 + 150 + 20
PAE = 100 + 0.75Y - 30 + 50 + 150 + 20 = 290 + 0.75Y
Short run equilibrium exists when Y = PAE:
Y = 290 + 0.75Y
Y - 0.75Y = 290
0.25Y = 290
Y = 290 / 0.25 = 1,160
Freelance entrepreneurs, bounty hunter, and factory worker.