The principle of open opportunity in the marketplace means that anyone who wants to put up a business is welcome to do so. However, the success of his business rests entirely on how well it is received in the market.
Guaranteeing success to everyone in the marketplace is impossible. Competition is always present. Demand and supply can be affected by factors beyond human control.
Answer: False
Explanation:
Being able to determine the effect on price would have to be circumstantial
Answer:
total or effective demand for good or service
total quantity of output firm will produce
'Mountain formation' or 'orogeny'
The Fair test is the best tool to help her evaluate the memo before she sends it.
<h3>What is FAIR test?</h3>
The term "FAIR" test entails Facts, Access, Impacts and Respect.
The FAIR test will help the user to:
- ensure that the communication is fact-based
- sender's motives is well channeled
- reasoning are granted access
- how well respect is shown to the receivers.
In conclusion, the Fair test is the best tool to help her evaluate the memo before she sends it.
Read more about FAIR test
<em>brainly.com/question/6791607</em>