Answer:
a family-owned restaurant
a manufacturer of cars
A company that invented a very comfortable razor
Explanation:
A family owned resturant is an example of a monpolistically competitive firm. A monpolistically competitive firm is characterised by many firms selling differentiated products. Advertising is one of the ways to attract customers to the restaurant.
A family owned farm is an example of a perfectly competitive firm. A perfectly competitive firm is characterised by many firms selling homogenous products. Thus, it won't be so necessary for a farm to advertise since its product is homogenous.
A car manufacturer exists in a monopolistic market. A monpolistically competitive firm is characterised by many firms selling differentiated products. Advertising is one of the ways to attract customers to purchase cars.
Forklifts aren't so differentiated. Therefore, there would be little need to advertise.
A manufacturer of a very comfortable razor should advertise his product to inform and attract customers. The manufacturer of a uncomfortable razor has no need to advertise.
I hope my answer helps you.
Answer:
You can not check the property beforehand for damages, which is a risk.
Explanation:
A foreclosure property is that property which is being sold off by a lender in order to payoff default.
There are a number of risks involved in buying such property. The process of buying is lengthy and complicated.
Buyers are not allowed to check the property before auction. Often these properties are damaged because the owners can not afford to manage. Or the angry owners may damage the property purposely in order to punish the lenders.
These investors are call BULLS
The answer is E all of the above, hope this helps :)!!
Answer:
$2500
Explanation:
Given: Total output(quantity)= 1000 units.
average variable cost per unit= $3
Average fixed cost per unit= $1.5
Selling price per unit is $7
We know, Profit= 
First, lets find out total cost
Total cost= 
Remember, cost= 
∴ Total cost= 
= 
Now, finding total revenue.
Profit=
∴ Total profit= 
Total profit= $2500
