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Vladimir79 [104]
3 years ago
3

Camille's Chicken operates in a monopolistically competitive market. If Camille implements a new free delivery service for custo

mers,
a. this is an example of advertisingb. this is a form of nonprice competitionc. total revenue will increased. total cost will decreasee. her firm will be acting as if it were perfectly competitive market
Business
1 answer:
Julli [10]3 years ago
4 0

Answer: Option B

           

Explanation: In simple words, monopolistic competitive market refers to the market structure in which there are many firms each offering product that are similar to each other but are not perfect substitutes. Although slight increase in price will shift the demand of costumers to other firms.

     Generally, firms in such industries are not dependent on each other but still due to presence of large number for firms they compete with each other on factors other than price.

Firms in such industriousness provide extra services or offers etc to their potential or existing customers to retain or attract them. Firms in such markets  have lower profit margins and are in no situation to compete on the basis of price.

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When building a business model canvas, the ________ is where your offering goes - how you plan to solve the pains or create the
Anastasy [175]

Answer: value proposition

Explanation:

In simple terms, a value proposition makes a case for why a customer should pick one product over another, citing the unique value the product provides over its contenders.

The Business Model Canvas value proposition provides a unique combination of products and services which provide value to the customer by resulting in the solution of a problem the customer is facing or providing value to the customer. This is the point of intersection between the product you make and the reason behind the customer’s impulse to buy it. A product can have a single value proposition or multiple value propositions.

Most start-ups fail to define their value proposition before they launch their products. This is because entrepreneurs tend to give too much credence to the ‘idea’ they have and run with it as opposed to exploring how this idea would actually perform in the market.

4 0
4 years ago
A difference between operations and projects is that operations end when their objectives have been reached, whereas projects do
maxonik [38]

Answer:

FALSE

Explanation:

It is False that the difference between operations and projects is that operations end when their objectives have been reached, whereas projects do not.

The reverse is true because projects are time-bound and they come to an end when their objectives have been achieved, but company operations are expected to continue as a going concern.

A project is an activity to meet the creation of a unique product or service, an thereafter terminates while operations are day to day routine activities that are expected to continue

3 0
3 years ago
When buyers refuse to pay a product’s stated price or when improvements in other items or fashion changes reduce the appeal of t
blsea [12.9K]

Reduction in the price. If they do not reduce the price, then people will not buy the product, and they will be left with too many of the same products. 


5 0
4 years ago
Corn is a perfectly competitive commodity. in the marketplace, the demand curve for corn is:
ANTONII [103]
<span>The demand curve for corn depends on what market it is needing it. If corn is needed for food for humans or for animals and if the need is normal or in addition to a current or outstanding reason makes a difference.</span>
7 0
4 years ago
Give an example of a voucher​?
MrMuchimi

Answer:

The answer would be,

Explanation:

Voucher: They help record expenses and also help with your payment. They can also be defined as source documents that help identify the origin of a transaction.

Example: cash memos, pay-in-slips.

5 0
4 years ago
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