Answer:
very many, few
Explanation:
The monopolistic competition consists of many sellers offering differentiated products. There are minimal barriers to entry or exit of the industry. Advertising and marketing of products are high due to increased competition. No single firm has the power to set prices.
An oligopoly consists of few but large firms dominating a big market. There could be other smaller firms with a small percentage of the market share. Firms in an oligopoly market mat collaborate to look out new entrants. This market is characterized by heavy advertising, with firms offering either homogeneous or differentiated products. The objective of each firm is to maximize profits, which makes all the firm to set high prices.
A low inflation rate is preferred because it indicates steady growth. It makes more appealing or convincing to the people since low inflation rate are usually low during periods of low inflation in order to maintain the profit. I hope I answered your question.
The economic theory the choice of management team at Pass the Ketchup Brands represent is known as internalization theory.
<h3>What is internalization theory?</h3>
Internalization theory is an economic theory that tends to protect companies' sole rights to their products. The theory gives protection to local industries who aim at having larger market share.
This is because when other companies know the secret or having access to their product make up, such might reduce their market share of that product.
Hence, the economic theory the choice of management team at Pass the Ketchup Brands represent is known as internalization theory.
Learn more about internalization theory here: brainly.com/question/10563712
<span>Gregory's rules of thumb, which he uses in decision making, are known as heuristics.
Heuristic refers to a solution to a problem - it is something you employ in order to achieve the best results possible. These methods you use may not be perfect, but they will help you do what you intended to do properly.
</span>
To calculate the weighted average cost, divide the total cost of goods bought by the numeral of units available for sale. To find the cost of goods available for sale, you'll need the total amount of beginning products and recent purchases.
<h3>What is the weighted average cost method?</h3>
In accounting, the Weighted Average Cost (WAC) method of inventory valuation uses a weighted standard to determine the amount that goes into COGS and inventory. The weighted middle cost method divides the cost of goods available for sale by the number of units available for sale
<h3>How do you calculate the weighted moderate cost of capital?</h3>
WACC is calculated by multiplying the cost of each money source (debt and equity) by its appropriate weight by market value, and then adding the outcomes together to select the total.
To learn more about Weighted Average Cost, refer
brainly.com/question/8287701
#SPJ9