Immediate rivals, potential entrants, customers, suppliers and substitute products are the five aspects that are used to evaluate competition.
<u>Explanation</u>:
Porter's Five Forces is a framework or tool for analyzing the competitive environment of the company. The profit of the company is influenced by company's competitors, potential new market entrants, suppliers, customers and substitute products.
Michael Eugene Porter- a famous economist of America postulated Porter’s Five Forces. This tool helps in determining the competition intense of the company. The position of the company can be affected with the new entry of rivals in the same market. The company should be able to possess strong and durable barriers to withhold its position.
•Douglass gave bread to the little white boys so they would help him continue to learn to read •Douglass read many books. According to the text, why does Douglass say that learning to read had already come to torment him<span>? Douglass's eyes were opened to his horrible condition and freedom appeared in everything he ...
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Answer:
Huang He considered being a very dangerous river due to the adverse effects it causes during flood.
Explanation:
he Yellow River is known as the Huang He in China. It is the mother stream for all the Chinese individuals. Huang He River is the second longest in China after the Yangtze River. A progression of floods crushed China in 1887, 1931, and 1938. They were brought about by the flooding of Huang He River. These three floods murdered a huge number of individuals. They are viewed as the three deadliest floods in history and among the most damaging cataclysmic events at any point recorded. The most damaging of these floods happened in August 1931, leaving 80 million individuals destitute and those murdered by the flood extend from 850,000 to 4 million, naming it the deadliest cataclysmic event in written history.
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The difference between marginal cost and marginal revenue is Marginal cost is the money paid for producing one more unit of a good. Marginal revenue is the money earned from selling one more unit of a good. Thus the correct answer is B.
<h3>What is marginal cost?</h3>
The difference in total production costs caused by producing or manufacturing one extra unit is known as the marginal cost of production.
In order to maximize production and overall operations, an organization must first decide when it can achieve economies of scale.
The sum of money spent to create one additional unit of a good is its marginal cost. Selling one additional unit of a good results in a profit known as marginal revenue.
Therefore, option B is the appropriate answer.
Learn more about marginal cost, here:
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