Monopolistically competitive market is a market which sells differentiated products and has a few entry barriers.
While there are many kinds of market, it can be differentiated based on types of products, barriers, buyers and sellers etc.
These characteristics differentiate markets in two types: oligopolistic and monopolistic market.
A monopolistic market has many firms while oligopolistic has few firms and has more entry barriers.
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Answer:
Hierarchy, Information Systems
Explanation:
The pyramid model of four level in an organization is based on and is depends on the various levels of the hierarchy systems or management in the organization.
These four level is of different types of the Information System in the organization.
1. First level : It is also known as Strategic level or Executive Information Systems.
2. Second level : It is also know as Management Level or the Decision Support Systems.
3. Third level : Another term is Management Level or Management Information Systems.
4. Fourth Level : It is called the Operational Level or the Transaction Processing Systems.
Answer:
The annual rate of return on this investment is 18.85%.
Explanation:
Given that the investor will receive an annual return of $ 2,000 through an investment of $ 10,606, to determine the rate of return of this investment it is necessary to perform the following calculation:
10,606 = 100
2,000 = X
((2,000 x 100) / 10,606 = X
200,000 / 10,606 = X
18.85 = X
Therefore, the annual rate of return on this investment is 18.85%.
The answer to this question is an example of geographic
segmentation. Geographic segmentation is dividing the market or consumers
depending on the location or geography. This kind of marketing strategy is
often used by small businesses Geographic segmentation is segmenting the market
thru cities, country, and regions.
Answer:
Fixed Cost Function = Average Cost - Average Variable cost
Explanation:
A fixed cost is the one which does not changes with the level of production. These cost are irrelevant to number of units production. It is not affected by the units produced and sold. The change in fixed cost does not affect the marginal cost. The marginal cost is the variable cost that is incurred by producing one more unit. These costs are affected by the level of production.
