Frictional unemployment, because it does<span> not last longer than the other </span>types of unemployment<span>. Give a thanks. ♥☺
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Answer: True
Explanation:
Microsoft opening a special store inside the shopping buildings of Best buy various branches spread across various locations, enables Microsoft to have stores in various locations without having to build shops. This saves Microsoft from the risk and cost associated with running a full business shopping complex.
Answer: B brand awareness
Explanation:
This is extent to which consumers are intimate with the qualities or image of a particular brand of goods or services. Coca-Cola and Google are good example of brand awareness , they still run advert on Tv's, ànd radio stations and they are accepted.
<u>Answer:</u>Danny is making corrective actions
<u>Explanation:</u>
The last stage of the control process is that the manager has to take corrective actions in case of any deviation from the original production process. The real reason behind the deviation has to be found before the corrective action is taken.
When the assigned targets are not achieved even after installing the new machinery then the managers to access the reason behind it. The reasons might be wrongful strategy or unrealistic objectives. Corrective actions such as revising standards, objectives and strategies can be done.
Answer: They are both right.
Explanation:
Firms in every market will always maximise profit where their Marginal Revenue equals Marginal Cost because at this point, resources are being fully utilized. This is therefore no different in a Perfectly competitive market so Skip is correct.
Peggy is also correct however because in a Perfectly Competitive market, the demand curve is perfectly elastic. This creates a situation where the Price, Marginal Revenue and Average Revenue are all the same and represent the demand curve as well.
With the Price being the same as the Marginal Revenue in a Perfectly competitive firm, that means that where the Price equals Marginal Cost is where the Marginal Revenue equals Marginal Cost as well so indeed perfectly competitive firms maximize profit where price equals marginal cost.
