answer: check explanation
Explanation:
Price searcher market are firms with some control over price, and some product differentiation.
Price searchers face a downward-sloping demand curve
The traditional view of price searcher market which holds that the market is inefficient is that;
(1). There are too few firms to reach an efficient level of competition, therefore,
excessive advertising is encouraged.
(2). Also, consumers are not allowed a sufficient amount of choice in which to express their individual preferences therefore, excessive advertising is encouraged
They had a problem with Spain letting in Anglo-Americans. They became an independent country because of it.
Hope this helps (:
Answer:
inductive reasoning
Explanation:
There are essentially two different kinds of reasoning when it comes to new ideas:
- Inductive reasoning: This reasoning focuses in particular observations that will lead to generalizations.
- Deductive reasoning: This reasoning is the opposite of the first one and it focuses in generalizations and ideas which will be tested in particular observations.
Therefore, in inductive reasoning, empirical observations lead to new ideas.
The more battles he won, the more likely he would become president
