In a Monopolistic Competition, each seller delivers a differentiated product which is easily different from its close substitutes. The two main features of Monopolistic Competition are development differentiation and selling expenses.
<h3>What is the connection between product differentiation and monopolistic competition?</h3>
monopolistic competition guides to a market where many firs sell differentiated products. differentiation can arise from aspects of the good or service.
<h3>Why is product differentiation required for monopolistic competition?</h3>
Product differentiation is necessary for monopolistic competition because sellers in monopolistic competitor gain their limited monopoly-like control by making a distinctive product or by convincing customers that their product is different than the competition.
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Effective communication is important because it helps to prevent and deal with conflicts. If one person wants something, and if they don't communicate it to the others, it might lead to a situation in which the others refuse then this without knowing, which would lead to conflicts.
So, in short: communication serves to prevent and lessen conflicts.
Answer: Interactionist perspective
Explanation:
Interactionist perspective deals with how people relate with others in a society they have found themselves in, how they socialize quickly by interactions and how they behave amongst themselves. This looks at how humans react on basic things that is relative amongst them
Answer:
Geographic segmentation
Explanation:
Geographic segmentation is a market segment strategy in which the market is divided based on region and geographies. Geographies segmentation can be classified by parameters like countries, states, cities, villages, urban climate conditions, the density of the population.
<u>Importance of the geographic segmentation:
</u>
<u>People live in the same area often have same needs </u>
<u>Advantage of geographic segmentation:
</u>
Large national or international market have different consumers in the different regions have different needs. Its an effective approach for companies
- It can also be effective with a limited budget.
- It works well in a different area of the population density
Answer:
Explanation:
Based on the information provided in regards to the scenario at hand it is most likely that Casey would say that she implemented a "No hazing policy", simply because hazing is wrong and can lead lasting psychological effects on students. Therefore it should not be done, this is why Casey most likely decided to ban hazing.
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