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Product organisation is the grouping of sales and production efforts of a business as per the line of products and services of the business. This kind of organisation is chosen by businesses when they have some different product lines and they require special expertise for marketing and distributing them.
In competitive market equilibrium, the allocation of the social surplus is such that no individual can be made better off without making someone else worse off.
The phrase "competition equilibrium" refers to an equilibrium condition when the firm's goal of maximising profits and the customers' goal of maximising utility both aspire to reach an equilibrium price as a result of freely determined prices.
According to the theory of competitive equilibrium, the firm's supply of the product is equal to the market's demand for that same amount of the product. It is a circumstance in which neither the buyer nor the seller can strengthen their bargaining position with regard to the goods being sold.
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Answer:D $750
Explanation:
This is a way an individual optimise his consumption and his savings habit for their future.
It has to do with the future of any individual and plans are made for the future.
An individual can plan to spend more now and save a little or spend a little now and safe for the future.
Answer:
The most accurate answer is c. educational, retail, wholesale, professional, and financial service jobs.
Explanation:
