Answer:
A. Homogeneous product and perfect information
Explanation:
The characteristics in which the perfectly competitive market and the monopolistic market would have zero economic profit in the long run that should be the same product and perfect information as the high prices would vary . Also it decreases the asymmetric information
Therefore as per the given situation, the correct option is A
Technically, this can be true. But I think they want you to say false. I think at your grade level they want you to learn the importance of planning and staying focused on the job. You can also still enjoy the job if you plan too much. Enjoyment and planning are technically two independent variables. So for your sake I'd say false.
During the decline stage of the product life cycle, <u>laggards </u>who have not yet tried the product or service will be entering the market for the first time.
<h3>What is product life cycle?</h3>
A product life cycle can be defined as the time in which a customers was aware of a product in the market to the time when the product was no longer available in the market.
At the decline stage a who was not aware of the existance of a product is lag behind because the person is just entering the market for the first time
Therefore during the decline stage of the product life cycle, <u>laggards </u>will be entering the market for the first time.
Learn more about product life cycle here:brainly.com/question/7510515
<u>Solution and Explanation:</u>
<u>As per the given data:</u>
Quarter 1 = 90000, Quarter 2 = 90000, Quarter 3 = 60000, Quarter 4 = 140000
a. Quarterly production rate is calculated as follows:
Q = ( 90000 + 90000 + 60000 + 140000 ) divide by 4
after calcualting the above equation, we get, = 95000 gallons per quarter tin order to meet the demand.
b. Anticipation inventory:
1 st quarter = 95000 minus 90000 = 5000 gallons
2 nd quarter = 95000 minus 90000 = 5000 + 5000 in prior quarter = 10000 gallons
3 rd quarter = 95000 minus 60000 = 35000 + 10000 in prior quarters = 45000 gallons
4th quarter = 140000 minus 450000 minus 95000 = 0 gallons.
Answer:
B) TO CREATE JOBS
Explanation:
2. Create Jobs: Entrepreneurs are the organizers of the other factor of production(Land, Labour Capital) and are by nature and definition job creators, as opposed to job seekers. The simple translation is that when you become an entrepreneur, there is one less job seeker in the economy, and then you provide employment for multiple other job seekers. This kind of job creation by new and existing businesses is again is one of the basic goals of economic development. All this in turn creates a lot of job opportunities, and is helping in augmenting our standards to a global level.
