Answer:
Explanation:
Firms are very large relative to the market- INCORRECT, this is a feature of Monopoly market.
Entering and exiting the market are relatively easy - CORRECT, new firms can freely enter the industry or in the long run, an existing firm can freely leave the industry.
Firms are price takers, or they have no control over price- CORRECT ,a single firm in a perfectly competitive market cannot influence the market price through its own independent action. Each firm sells its products at an existing market price.
Firms produce differentiated products- INCORRECT, this is a feature of an Oligopoly market.
Firms produce similar or standardized products- CORRECT, all products are homogeneous.
Firms have significant price control-INCORRECT, this is a feature of Monopoly market.
Answer:
A. A society that wants more in the future should consume more of its capital today.
Explanation:
The drivers of growth in an economy are human capital, labour and technology.
For an economy to advance, the country must be willing to consume less now and save and invest in factors that would lead to economic growth.
I hope my answer helps you
The use of short-term incentives to encourage the purchase or sale of a product or service is called sales promotion.
Sales promotion can be defined as the strategy of using annual incentives to attract customers so as to increase the sales of goods and services.
Most companies make use of sales promotion to increase their sales in order to generate more revenue as well as to promote their products.
Sales promotion is important as it enables companies to advertise their products or to create products awareness to customers.
Inconclusion the use of short-term incentives to encourage the purchase or sale of a product or service is called sales promotion.
Learn more about sales promotion <em>here:brainly.com/question/13975307</em>
<span>You work as a salesperson in an electronics store. You earn an hourly wage plus a commission based on a percentage of </span>your sales
Answer:
Promissory estoppel
Explanation:
Promissory estoppel means that in legal tenet that a promise or pledge can be enforced by law, actually if formulated without legal consideration, if the George now the (promisor) has made a pledge to a Susy the (promises) who then depends on that promise for a subsequent detriment. So what Promissory estoppel is expected to do is to stop the (George) promisor from insisting that an underlying promise should not be legally authorized or implemented. So Susy can sue George on the basis of promissory estoppel and get a reward for George's disappointment
