Answer:
The correct answer is "Higher than, Lower than and Excess production theory".
Explanation:
Under Monopolistic Competition:
Average cost = 70
Production level = 50
Under perfect competition:
Average cost = 65
Production level = 70
- Excess capacities are a circumstance where an economic performance would be less than the commodity that somehow a company might offer to that same marketplace.
- Throughout terms of long-lasting balances, the commodity demand of such a monopolistic competition corporation is lesser than that of a complete business entity.
Price elasticity of demand is defined by Change in Quantity demanded / Change in Price.
Tom ordered 10 gallons of gas without asking about the price. This means that no matter the price, Tom orders the same quantity of gas (quantity demanded does not change with price). His demand is perfectly inelastic, or 0.
Jerry orders $10 worth of gas. This means that no matter how much it gives him, Jerry will pay $10. The price elasticity of demand depends on how much the price changes by.
For example, if price doubles from $5/gal to $10/gal, demand falls by 50% (2 gallons to 1 gallon), making his price elasticity -0.5
If the price increase 10% from $10/gal to $10.10/gal, demand falls 1% from 1 gal to .99 gallons, making his price elasticity -0.1
<h2>More expensive products are better</h2>
Explanation:
According to psychological theory, whenever a customer sees a branded item, the next immediate thing that comes to his/her mind is the price and quality.
According to the customers point of view, a branded item will possess a good quality but the cost will be little higher when compared to the non-branded items.
So higher the price, customer feels that higher the quality.
All the other options feel right sometime but option 1 is the right answer.
Answer:
c. Conceptual
Explanation:
The skill that best suits the cognitive ability to see the organization as a whole and the relationship between the parties is the conceptual skill.
This is an essential skill for managers who will manage the systems that comprise the organization, because through conceptual skill it is possible to learn through experience, planning, innovation through ideas and solutions, which can help the manager to order the leadership and decision-making process effectively for the company as a whole, in addition to facilitating the process of assertive communication aimed at employee engagement and other variables that promote continuous improvement in the company.
Answer:
i know for sure the last one. i think the first one to but im not sure.
Explanation:
