Answer:
Annual increase is $1,108.4
Explanation:
In 2016, average price was $27,258.6
In 2010, average price was $20,608
Average increase in 6 years = $27,258.6 - $20,608 = $6,650.6
Annual average increase = $6650.6/6 = $1,108.4
Answer:
There are four types of competition in a free market system:
- perfect competition
- monopolistic competition
- oligopoly
- monopoly
Under monopolistic competition, many sellers offer differentiated products—products that differ slightly but serve similar purposes.
Hope this helps :)
Answer:
d. economies of scale
Explanation:
Based on the information provided within the question it can be said that this concept is known as an economy of scale. Like mentioned in the question this concept states that as a company scales their operation, the cost of each input unit decreases as their output or production increases, Thus granting the company a cost advantage. As is happening in this scenario.
Answer:
culture
Explanation:
Insight Guides refers to a travel company based in London, England, having operational offices in Singapore and Warsaw, established by Hans Johannes Hofer. They offer customized vacation packages to thousands of locations all over the world and also a range of full-color guide books. They even manufacture tourists ' charts, globes, and traveling accessories.
Insight Guides announced a new website in September 2015, focusing on the sale of customized package deals crafted by real experts. They often publish stuff and updates relevant to travel on their forum.
The appropriate response is staff organization. It is a kind of participation gathering in which an expert staff directs the vast majority of the gathering's exercises. In this sort of association, the practical authorities are added to the line, accordingly giving the line the upsides of masters. The staff is fundamentally counseling in nature and normally does not have any summon expert over line administrators.
