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3 years ago

14

If there is a lack of competition in a market, a market failure results because the quantity of goods sold is ___ than the optim

al level while prices are ___ than the optimal level.

1 answer:

scoundrel [369]3 years ago

8 0

Goods sold is lower because less competition and then they price it higher because consumers don't have options.

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Grain Farm Inc. files a suit against Harvest Services. Before the court can exercise jurisdiction over Harvest, the court must h

SVEN [57.7K]

Answer:

C)Harvest was notified of the suit.

Explanation:

From the question, we are informed about Grain Farm Inc. that files a suit against Harvest Services. In this case, Before the court can exercise jurisdiction over Harvest, the court must have proof that Harvest was notified of the suit. jurisdiction as regards to law can be explained as the right a case has over a particular subject matter. And all categories of court can exercise this power to adjudicate cases

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2 years ago

The person who receives financial protection from a life insurance plan is called a what?

Marina CMI [18]

The person who receives financial protection from a life insurance plan is called a Beneficiary

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3 years ago

Choose TWO of the responses that describe disadvantages of Roth IRAS

insens350 [35]

Answer:

You pay taxes upfront

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Explanation:

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2 years ago

If you intend to purchase Tata Nano, describe the stages in the purchase decision process.

fiasKO [112]

The basic five stages are problem recognition, information search, alternatives evaluation, purchase decision, and post-purchase evaluation.

<h3>What is a purchase?</h3>

A purchase refers to the action of buying something. Purchasing is considered an important course of action.

There are five main stages that a customer needs to undergo before making any decision either to buy a product or not.

The five stages are

Problem recognition- It is the most basic step that ensures if there is a need for purchase.
Information search- The next step is to search the information related to the Tata Nano
Alternatives evaluation- It helps in evaluating the choices available for the product. Other options for cars are taken into consideration.
Purchase decision- After evaluation, a consumer may decide between buying Tata Nano. This decision depends upon the feedback of other people.
Post-purchase evaluation- After purchasing, it may lead to brand loyalty if the customer is satisfied with the purchase.

Learn more about the Purchase decision process here

brainly.com/question/26517026

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2 years ago

Because internals seem to have a greater belief that their actions have a direct effect on the consequences of that action, they

Pavlova-9 [17]

Answer: True

Explanation: Merit pay is an increase in employee base paid due to some increase in employee performance. While sales commission are payments to employee based on a percentage of the total revenue brought in by the employee.

It is true that employees would respond more productively to incentives such as merit pay or sales commission.

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2 years ago