Answer:
Perfect Competition market structure
Explanation:
This exists where a good no of buyers and sellers trade in similar products at a closely related price.In such structure , it is difficult for a particular firm to influence the price of its product as there is little or very minimal influence on the price of the commodity.
Good are things that you can physically have but services are like someone cleaning your house
Disruptive innovation s a development so fundamentally different and far reaching that it can create new professions, companies, or even entire industries while damaging or destroying others.
The process by which a smaller company—typically one with fewer resources—moves upwards and competes with more established, larger companies is known as disruptive innovation. Disruptive innovation, according to business theory, is innovation that establishes a new market and value network or enters a market from the bottom and eventually supplants long-established market-leading companies, goods, and alliances. An established market was disrupted by Netflix using a new business strategy and technology, a prime example of disruptive innovation. It began by providing a DVD rental by mail service and later introduced its online, paid movie streaming service.
Learn more about disruptive innovation here
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Answer:
Start of debt = 3.5 billion
Year 1 deficit = 400 million
Year 2 deficit = 1 billion
Year 3 surplus = 200 million
Total debt at the end of year = 3.5 billion + 400 million + 1 billion -200 million
= $4.7 billion is the total debt at the end of year 3
Explanation: