Answer:
C. monopolistically competitive market.
Explanation:
As we know that the Monopolistic competition is a market structure which refers to the market in which the various firms are related to each other in a closest manner also they sell differentiated products.
In this market, there is a freedom of free entry and exit.
So in the given scenario, since various italian restaurants offered different items so this represents that they operates in monopolistically competitive market
Hence, the correct option is c.
This is an example of action because the workers doesn't want to lose their jobs, in which this will show that they active in the economy. This is an action for they try to take a course of action in preventing the plant from closing with the cause of their desires of having their jobs back and won't be losing it because of the plant closing.
Answer: Option B
Explanation: Competitive intelligence refers to the study of different factors of the business environment by the organisation for helping the senior management to make strategic decision making.
This study analyzes the factors that directly affects the organisation. The channel of distribution of the competitor can be used to understand their strategy for making their market. An organisation could use this information by improving their channel and gaining a competitive advantage.
Hence from the above we can conclude that the correct option is B
Answer:
Explanation:
a. Marginal Cost (MC) = Cost of raw material + Cost of time
Each additional ornament cost him 30 minutes to make and he value his time at $10 per hour. So for 30 minutes value would be $5.
Materials cost him $5
MC = $5 + ($10/2)
MC = $10
Answer:
The correct option is D
Explanation:
Cutting the number of truckloads of refuse in half must reduce the amount of residual ash by half of last year's level. However, if the removal of the recycled refuse does not proportionately reduce the amount of ash, this will not happen.
So, the answer D states a requirement for the collection program to achieve its aim.
