<span>Oligopoly is the type of market that has few number of firms but controls the market for a certain service or product. An example would be the auto industry - Chrysler, GMC, and Ford. So the best example in the question above is 2. Since it is setting a price to maximize output level rather than lowering the price.</span>
Answer: <em>Consumer-generated marketing</em>
Explanation:
Consumer-generated marketing also known as CGM is referred to as an affordable and efficient marketing strategy which tends to use a customer-created feedback and material, i.e. user created reviews and content. One of the major advantage of such kind of marketing is that it tends to be affordable and thus can be easily and quickly created. But there lies some drawbacks as well, i.e. the lack of control and relative rawness of such marketing.
Answer:
Polk Products is considering an investment project with the following cash flows: Year Cash Flow 0 -$100000
Explanation:
<span>At the end of World War I, President Wilson offended members of the United States Senate by travelling to Europe and opposing the League of Nations as well as opposing the views of Henry Cabot Lodge, thereby excluding them from the peace process. President Wilson was the President of the United States during the first world war. He tried to keep the USA out of the war but ultimately had to join the Allies against Germany in 1917. He also help broker a peace treaty with the USA joining the League of Nations. The US Congress vetoed this idea.</span>
