The use of teams in the workplace has increased so dramatically because using team work will enable a company to take on additional works without having to employ more staff. This will result in more revenue and profits for the company.
Answer:
The correct answer is the option A: Difference between the marginal cost and the price of the monopolistic competitor.
Explanation:
To begin with, the concept known as <em>"Markup" </em>in the field of business and economics refers to the difference in the price and the cost of a good that is able to sale. Moreover, the "markup" is added into the total cost of the production of the good in order to obtain a profit for the sale of that good, so therefore that it implicates the percentage that the producer gains for selling his product to a consumer. So that is why this concept is understood as that difference comprehended between the sale price and the cost of the good produced.
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<u>B2B (Business to Business)</u> type of commerce makes up the highest percentage of electronic transactions.
E Option is correct
Business-to-business, or B2B, is a method of doing commerce in which corporations transact with other businesses. It alludes to the trading of goods or services between businesses. This phrase can be used to refer to both offline and internet trade. But e-commerce is where we utilize it the most frequently.
When a business concentrates on a B2B model, it markets to other businesses. As a result, the sales process could be lengthier and more complicated than under a business-to-consumer (B2C) model. (B2B) refers to a deal or business done between two companies, like a wholesaler and a retailer.
To know more about B2B
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