Answer:
D) control the desired price and output to maximize profits, but a perfectly competitive firm can only choose the desired output.
Explanation:
Firms competing in perfectly competitive markets are price takers, meaning that they cannot set the price of their products or services, but monopolists can actually set the price of their products or services because their market power is high enough to do so. Also, a monopolist can choose to lower or increase its output depending on the resulting profits.
This excessive market power is the reason why natural monopolies are usually regulated by the governments and many monopolistic firms are forced to split into smaller firms that compete against each other.
Answer:
The answer is: interest in seeing the most things for the least amount of money
Explanation:
If we consider the group´s name, Price and Sights, we could get a hint that they probably are looking for the lowest possible price. Several travel websites have been launched with this in mind. It is normal (also logical and rational) for people to search for places to travel at the lowest possible cost. That unless you´re too rich to care and your expectations are different than normal customers.
<span>D. The product is a necessity.</span>
Treasury bonds < Treasury notes < Treasury bills is the comparing the interest rates for U.S. government securities. Thus, option (a) is correct.
<h3>What are
interest rates?</h3>
Interest rates are the fees associated with pricey borrowing of money. The sum represents a percentage. The interest rates was the basis on the annual percentage rate basis.
The interest rates for U.S. government securities include treasury bonds, treasury notes, and treasury bills. There was a difference in the due date dates and the payment methods. Fixed-income certificates issued by the government that are rated safe and secure.
Therefore, option (a) is correct.
Learn more about on interest rates, here:
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Answer:
B. value-chain analysis.
Explanation:
According to the given situation, the most appropriate option is B. value chain analysis as the value chain analysis represent the activities that adds the value to the business organization. This concept is developed by Michael Porter in his book "Competitive advantage".
The value chain analysis comprises of the two activities
1. Primary activities: It includes activities like - inbound and outbound logistics, marketing sales and services, etc
2. Support activities: It includes those activities which helps in procurement, managing human resource, etc.
The resource view measures the efficiency and effectiveness of the available resources that helps the organization to assess competitive advantage
The five forces model shows the weakness and strengthens of the business organization
And, the supply chain management deals with transforming the raw material into the finished products
