Answer: Option (d) is correct.
Explanation:
Correct option: All of the above are correct.
In a perfectly competitive market, there are large number of buyers and sellers. Price and demand of the commodities are determined by the market forces. All the firms in a competitive market are price taker.
Any single firm cannot influence the market price. If a single firm tries to increase their price by a small amount, will lose all of its product demand to other firms. This is because of the competition among the firms.
A. we know it is not c or d cuz they would not fit but a and b are our options the answer would be B IF he was a worker but in this case he makes his money from a profit and pays the workers (they earned it) so it is A
Answer: The correct answer is "B. Under the First Amendment, commercial speech is given less protection than non-commercial speech.".
Explanation: The statement "B. Under the First Amendment, commercial speech is given less protection than non-commercial speech." is true when it comes to advertising because the first amendment regulates issues about freedom of expression which determine that, in short, commercial discourses are less protected than non-commercial discourses.
Answer:
1,996,800 minutes
Explanation:
Calculation for what is the practical capacity of resources supplied in minutes
Practical capacity of resources supplied =52 weeks × 2,400 minutes per week× 80% × 20 employees
Practical capacity of resources supplied= 1,996,800 minutes
Therefore the practical capacity of resources supplied in minutes is 1,996,800 minutes
Answer:
d. Marketing
Explanation:
Marketing advantage is the edge a company has at attracting customers by having superior products, lower prices, innovative distribution, and effective promotion.
When businesses improve their marketing process it results in a strong brand, more loyalty, and resultant competitive advantage in the market.
