Answer:
Two types of services which do no respond to price competition are:
- Electricity and
- Gas or petrol
The first is a good example of a service while the second is an example of a product.
Explanation:
Both goods mentioend above are goods of necessity. Custmer care less about their prices because elecricity is required to cook, wash, and light up th home among other uses while gas is required for transortation.
Cheers!
I believe the answer is an entrepreneur
<span>His accounting costs will be explicit costs - the cost to buy the corn, the cost to maintain the land, to maintain the crops, harvest the crops, to transport them to the market. Economic costs include the implicit costs - the rent that Mr. Jernigan could be earning if he rented the land to another farmer, and is not earning now.</span>
Answer: A. Analyze the situation.
Explanation: Took the test