Answer:
<u>c. cost leadership; differentiation</u>
Explanation:
<em>Remember,</em> we are told that the owner wants to make her runners affordable to the public, and we agree that affordability is only possible when there is cost leadership.<u> </u><u>Cost leadership strategy simply implies that the company's products/services are positioned to be the cheapest in comparison with other competitors.</u>
To specifically focus on quality and uniqueness, the sharks were asking the owner to pursue the differentiation strategy. <u>Differentiation strategy requires having features that set your product or service apart from others such as quality and uniqueness.</u>
Answer:
The price on the black market tends to be higher.
Explanation:
When price ceilings are placed in legal markets, buyers are able to get goods and services at lower prices. But sellers may not be willing to sell unlimited supply of goods at the low price. This could lead to artificial scarcity, and formation of black markets.
The main aim of black markets is for suppliers to maximise profits, so a supplier is able to sell his goods at an amount above the price ceiling set in the legal market.
Also black markets are characterised by practices such as tax evasion, which are beneficial to the suppliers.
Answer: 1 2 7 8
Explanation: plz mark me as brainiest im begging
Answer:
diminishing marginal utility
Explanation:
According to diminishing marginal utility, the utility of consuming an extra unit increases until a point. After that, the utility tends to diminish from consuming an extra unit. The marginal benefit to society of reducing pollution declines due to diminishing marginal utility concept. The benefit of a decrease in pollution starts to decline after a certain period of time.
Answer:Privacy
Explanation: Privacy can be defined as the ability of an individual to seclude themselves from others. Data privacy is that area of control that the organisation should focus on to determine the data they need to capture from employees and what they should not.
Privacy rules as per the laws and societal expectations makes the relationship between collection and dissemination of information.
