Answer:
B) raise costs and increase demand for its product
Explanation:
A monopolistic competition is when there are many firms operating in an industry. The firms sell differentiated goods and set the market price for their goods and services.
Monopolistic competition engage in advertisement to increase the awareness for their goods.
If advertising is successful , it increases the demand for their goods and services.
Advertising also increases the cost of production.
I hope my answer helps you.
<span>In addition to their regular compensation, managers working abroad are awarded with international premiums.
Most workers overseas are paid/compensated higher for being in another country. These extra payments are known as international premiums which can be extra money for living, spending allowance, insurance, savings and healthcare. Depending on your role and your company, your benefits may vary slightly. </span>
Answer: 0.7973
Explanation:
Binomial probability formula :-
, where P(x) is the probability of getting success in x trials , p is the probability of success in one trial and n is the number of trials.
Given : The probability of getting a defect components :
If randomly select and test 26 components , then the probability that this whole shipment will be accepted will be :-
Hence, the probability that this whole shipment will be accepted = 0.7973
D. foreign real national income falls and wages rates rise.
Answer:
b). Positive
Explanation:
The nature of the balance of trade if imports are of manufactured goods is POSITIVE
Considering that Balance of trade is a term that is used to describe the difference between the imports and exports value of a country over a given period.
Hence, when a country manufactured goods instead of importing them, the balance of trade is believed to be Positive.
On the other hand, when a country imports goods instead of manufacturing them, the balance of trade is believed to be negative.