The answer is B because both have access to capital that competitive markets wouldn’t give them because they dominate the market place and drive out competitors
Answer:
B. Information management
Explanation:
Information management refers to managing the sources of information that a company uses, and distributing the information received to the internal users. It involves identifying information needs, developing information services, and distributing and using that information.
Answer:
The answer is producers need to know what consumers want so they can sell more and make more profit.
Answer and Explanation:
According to the scenario, computation of the given data are as follow:-
Price ceiling:-This is show the limit of the price on maximizing value of the product which is decided by government and his imposed group for customer.
Binding:-The binding price ceiling is below the equilibrium price.
Unbinding:-The unbinding price ceiling is above equilibrium price.
Price floor:-This is show the limit of the price on lower value of the product which is decided by government and his imposed group for customer. A price floor must be higher than the price equilibrium price in order to be effective.
Binding:-The binding price floor is above the equilibrium price.
Unbinding:-The unbinding price floor is below the equilibrium price.
It is given that the equilibrium price of milk is $2.50 per gallon.
Statement 1:-This is the example of price floor and binding because minimum price of $2.30 per gallon is decided.
Statement 2:-This is the example of price floor and binding because minimum price of $3.40 per gallon is decided for gasoline.
Statement 3:-This is the example of price floor and binding because teenagers are not hired due to minimum-wage laws.
Answer
The answer and procedures of the exercise are attached in the attached archives.
Explanation
Please consider the information provided by you in the exercise. If you have any question please write me back. Please take a look to the image attached.
