Answer:
D. Decrease
Explanation:
Monopolistic Competitive market structure includes many sellers selling related but differentiated (imperfect substitutes) of each other.
This market has free entry & exit, firms' partial control over price-based on differentiation but also market competition, imperfect knowledge-based on selling cost & claimed superiority of all firms' products over each other.
Eg : Cosmetic, Skin care products.
If new firms enter this market , the existing firms demand curve becomes more elastic (more responsive to price change) & demand decreases , shifts leftwards.
Last one - there is not enough information to answer this question
Answer:
d) <u>Express warranty</u>
Explanation:
Express warranty refers to the sort of warranty wherein the seller explicitly or clearly guarantees for the quality, reliability and durability of his product.
The seller in such cases expressly claims that if products do not meet the standards or quality as claimed by him, such products would be either repaired free of cost or replaced by another similar functional product.
For instance, in case of many watches, an express warranty written statement is accompanied and stamped by the dealer. In case the watches do not meet the mentioned claims, they are either repaired free of cost or replaced.
Answer:
The correct option is B
Explanation:
The value chain activities are those activities which the firm or business perform or completes so that can produce the products and then ultimately sells them, distribute and service the products in order to create or establish the value of the product from customers.
In other words, it is bringing a product from making to distribution, and everything in between like procuring raw materials, manufacturing functions, and the marketing activities.
The values for each of the fee depends primarily on which bank are the transactions being made. However, taking for example Bank X, the overdraft fee is $35. The account transfer fee is fairly lower with values from $4.95. Monthly service fee also ranges from $10 or higher. Lastly, for ATM fee the amount only ranges from $2.00.
The answer to this item is therefore the firs choice.