Answer:
- 1) Higher prices than in competitive markets Monopolies face inelastic demand and so can increase prices – giving consumers no alternative.
- 2) A decline in consumer surplus.
- 3) Monopolies have fewer incentives to be efficient.
- 4) Possible diseconomies of scale. Explanation:
<h3>Hope this answer will help you.</h3>
Answer:
for advertisement
Explanation:
newspaper and magazine help us to showcase our product
Ya sure why wats wrong??? i dont understand pls explain will give the answer efficently my history teacher is sitting 100 cm away from me
Answer:
il is measured in barrels, which is equal to 42 US gallons or 159 liters.
The US has the 10th largest oil reserve in the world. ...
The US consumes more oil than any other country -- 1.85 billion barrels per day.
Explanation:
Answer:
AIDA ( Attention, Interest, Desire & Action)
Explanation:
With the loudness of the TV set that differ from the rest of the TV programmes it is obvious that it will catch the attention of the viewers.
Attention- The consumer becomes fully aware of a product or brand mostly through advertising.