Answer:
a
Explanation:
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The three conditions that must exist in order for a market to be perfectly competitive include: 1. a large number of vendors and customers (buyers and sellers), 2. the vendors must be selling identical products and finally, 3. new vendors must be able to freely enter the market.
Answer:
the answer for the particular blank is Maximum.
Explanation:
- The efficiency of a resource specifies the maximum number of flow units per unit of time which can flow through that resource.
- when a resource produce more and more products to its maximum capacity, then we can say that it is the maximum production unit of a resource in a particular time
higher capacity shows higher production..
so, maximum capacity shows maximum production
<h3>This scenario best illustrates the effect of the industry regulation component of on organizations by Safefen.
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Explanation:
The element of industry regulation consists of laws and guidelines regulating the business practices and procedures of individual companies, firms, and professions.
Government regulation of the industry is control of individual or firm actions by local, federal or state governments via price-setting processes or control of the quantity, quality, and safety of products and services produced.
Displaying the recommended age limit for each toy on its cover is one of Safefen's safety measures of toy industry regulations.
Answer:
b. blue ocean strategy
Explanation:
Instead of competing against rival companies in the mass-produced games market (red ocean), Adam is carving out his own market by offering the consumer a higher end product that, although is still composed of games, consists a in whole new segment with much less competition, if any (blue ocean).
Therefore, the correct answer is b. blue ocean strategy
