Answer:
4.5minutes
Explanation:
The best mean minutes for fish waiting and cleaning is 4.5 minutes.
As said in the question that, clients request for this service every 8minutes, and it is a worker that is in charge of this service per branch, this means that if the worker is using 4.5 minutes to attend to a client, he or she will still have another 3.5 minutes to prepare for another customer. And this will definitely make the job easier for him or her, which means the worker will not be bombarded with request. And this will make him or her to render the best service to the customers.
Answer: C. Scarcity
The situation is an example of scarcity.
I believe the answer is FFA.
Hope this helps.
(Please mark this brainliest, I would really appreciate it) Thanks!
Answer:
(i)New firms will enter the market.
(iii)In the long run, all firms will be producing at their efficient scale
Explanation:
A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market price is set by the forces of demand and supply.
If firms are earning positive profits, in the long run new firms would enter into the industry and this woold drive positive profits to zero. As a result , firms would be operating at the efficient scale.
I hope my answer helps you
B. An airline
They sell you a service of fly with the company.
The others sell you goods.
