The deli industry is monopolistically competitive. If some delis leave the industry, Toby's <u>demand</u> curve will shift <u>right</u>.
<u>Explanation</u>:
Monopolistic competition is similar to perfect competition in that firms in both market structure. In monopolistic competition the firms earn zero economic profits in the long run.
One of the best examples for monopolistic competition is gas station.
The demand curve is the graphical representation of the relationship between the cost of the goods or services and the quantity demand for the product for specific period of time.
Shifting of the demand curve to right shows that there is increase in demand for the product.
Hello! A place is a specific point on the Earth. It has a particular characteristic that makes it unique from other places. A region, however, is a larger area on the Earth that has a particular characteristic. The three types of regions are formal (where one characteristic is found throughout the region), functional (a region centered around a focal point), and vernacular (one's perception of a region that cannot be identified by definite boundaries). Hope this helps!
Answer:
Labeling theory posits that self-identity and the behavior of individuals may be determined or influenced by the terms used to describe or classify them.
Richard has conducted a study in which he compares the reading skills of six- year-olds, seven-year-old, and eight-year-olds-<u>They use one-way ANOVA Test</u>
Explanation:
The one-way analysis of variance also known as the ANOVA test is used to determine if there is any any statistically difference between the means of two or more independent or unrelated groups/variables
It is to be noted that there has to be minimum three groups rather than two groups
<u>The One-Way ANOVA is commonly used to test the below mentioned data's </u>
- To measure the statistical differences between the means of two or more groups.
- To measure the statistical differences between the means of two or more interventions.
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To measure the statistical differences between the means of two or more scores