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Lyrx [107]
3 years ago
8

The market for used cell phones is very popular in Barylia. However, several phones available in this market are of inferior qua

lity and it is often impossible to differentiate between a good-quality phone and a poor-quality phone.
Refer to the scenario above. Based on the given information, we can conclude that the market for used cell phones in Barylia:

is perfectly competitive.

has asymmetric information.

has only one seller.

is monopolistically competitive.
has asymmetric information.
Business
1 answer:
irina1246 [14]3 years ago
5 0
Has only one seller I think
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False.

Explanation:

Self-concept describes the kind of person or personality an individual thinks he or she has.

People that have a realistic self-concept about themselves basically see themselves as they are, not what they or the society at large wants them to be.

The statement that a person with a poor self-concept is more likely to be hired for a position, because they are easier to “mould” is false and an absolutely incorrect notion.

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If a marketing manager queries a marketing information system to determine the effect of three different levels of price for a n
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sensitivity analysis

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2 years ago
Megan is concerned about the performance of one of her teammates on a project. Which of the following is an example of effective
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Explanation:

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8 0
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Since the optimum level of price is where marginal cost is equal to marginal revenue.

The marginal cost of production includes all costs that vary with that level of production. For example, if a company needs to build an entirely new factory to produce more goods, the cost of building the factory is the marginal cost.

Marginal Cost = Change in Total Cost / Change in Quantity. Change in Total Cost = Total Cost of Manufacturing Including Additional Units – Total Cost of Manufacturing Regular Units. Quantity Change = Full Quantity Product with Additional Units - Full Quantity Product in Regular Units.

Learn more about Marginal Cost here: brainly.com/question/17230008

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5 0
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