- Free entry and exit
- Homogeneous product
- Large buyers and sellers
- No artificial restrictions
- No transportation costs
- Perfect knowledge of prices and technology
Answer:
E) A proactive stance allows a company to take advantage of opportunities as they arise.
Explanation:
A proactive marketing stance entails collecting data to use in planning organized promotion campaigns in advance. This marketing stance frees up energy and time which enable a firm to benefit from new opportunities that may arise. A proactive marketing stance ensures that a firm is ready to take advantage of trending windows of opportunity, trending news, and emerging events.
Answer:
a Coasian solution to an externality situation.
Explanation:
Basically. a Coasian solution to an externality situation occurs when the economic activities of one party results in a damage or cost to another party or their property. In this situation, the Coase Theorem which recommends two possible settlements may be applied. The first settlement is for the party causing the damage or imposing the cost to choose to give financial compensation to the affected party so that he can continue to impose the cost or cause the damage. The second settlement is for the affected party to pay the party causing the damage or imposing the cost so that he can stop causing the damage or imposing the cost.
From the question, the affected person chose the second possible settlement by offering to pay the passenger in front of him to keep her from reclining her airplane seat. It is therefore an example of a Coasian solution to an externality situation.
Answer:
The correct answer is letter "C": equal to the natural rate of unemployment
.
Explanation:
Unemployment is the state in which an individual does not have a job but is actively looking for one. The Natural Rate of Unemployment or NRU represents the unemployment there is based on full-employment real output. <em>In case an economy is producing an efficient amount of output, meaning the economy is in expansion or "boom", the actual unemployment rate equals the NRU.</em>
The price of the good impact the quantity demanded and changes when the demand curve moves.
The following information should be considered:
- The demand curve shows two things i.e. price of the good and the quantity demanded.
- The price should be shown on the vertical axis and the quantity demanded shown on the horizontal axis.
Therefore all other options are incorrect.
Hence, we can conclude that the price of the good impact the quantity demanded and changes when the demand curve moves.
Learn more about the demand curve here: brainly.com/question/21220153
