loneliness is one of the unexpected drawbacks.
Answer:
Cost price formula = Cost + Profit
Explanation:
The Cost price formulas count two factors the gives price of product and services. The cost price formula has two factors cost of product and profit percentage that seller want to generate from specific product or services.
Answer:
1. A monopolistically competitive firm may be able to distinguish itself from other firms by adjusting the physical attributes of its product, by offering a distinctive level of service, or by selecting a convenient location.- True
2.Product differentiation enables a monopolistically competitive firm to have some control over the price of its product- True
3.In the long run each monopolistically competitive firm produces a level of output that results in allocative efficiency.- False
4. In the long run each monopolistically competitive firm produces a level of output that results in productive efficiency- False
5.To maintain a competitive edge and earn economic profits, a monopolistically competitive firm has an incentive to improve its product. -True
6. Compared with purely competitive markets, under monoplistic competition consumers with a diversity of tastes can benefit from the opportunity to choose from a greater range of products and services. -True
7.In order to maximize its profits, each monopolistically competitive firm must determine the price of its product, how to differentiate its product, and how much it will spend on advertising.True
Explanation:
Answer:
The step which is followed first is shown below:
Explanation:
The key or vital positioning of the brand or product effectively is to discover the perceptions of the customers. While determining the positioning in the companies as well as customers, it involve four steps, from which the first and foremost step which is to be taken is as:
Identify or Acknowledge the vital attributes for the class of the brand or the product.
This is the very first step while positioning the product or brand is to recogize the attributes necessary for the product class.
Purpose was to lower trade barriers, such as high tariffs on
imported goods and restrictions on the number of imported items that inhibited
the free flow of goods across borders. Refers to manufacturers'
of goods and services from around the globe to take advantage of national
differences in the cost and quality of various factors of production (land,
labor, energy, capital) is called Globalization of production (off-shoring).
