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nalin [4]
2 years ago
6

Which of the following correctly defines a​ product?

Business
1 answer:
Alisiya [41]2 years ago
7 0

Answer: Option C            

                           

Explanation: In simple words, a product refers to an entity that that could be tangible or intangible and is produced by the manufacturer for satisfying the wants of its customers.

Hence anything that is offered to the market and has the ability to satisfy the needs of specified individuals will be classified as a product.

Thus, the correct option is C.

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Romashka [77]

Answer:

monopoly

Explanation:

In a monopoly market, a single firm sells a product with no close substitutes in a large market. It means that the single firm has no business competitors in the market. Without competition, the firm has the power to set prices, quality, and quantity without worrying about how customers will react.

In a monopoly market, customers have no choice since competition is absent. Customers have to do with high prices, limited varieties, and limited innovation, unlike in market structures that have business competition. Competition results in increased innovation, quality products, and a variety of products at fair prices.

6 0
2 years ago
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Umnica [9.8K]

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There are different types of Equity funds which includes mid-income stocks,value stocks,high-cap stocks,growth stocks and income stocks.

The potential for Dollar appreciation is high with these types of stocks with predictable source of dividend.

5 0
3 years ago
What is the copyright process ?
balandron [24]

The way in which copyright protection is secured is frequently misunderstood. Copyright is secured automatically when the work is created. A work is "created" when it is fixed into a book, tape or electronic medium for the first time.

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3 years ago
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Triss [41]
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2 years ago
Choose the best revision of the previous sentence. Because many executives have access to company jets boards of directors have
aliya0001 [1]

Answer: Because many executives have access to company jets, boards of directors have a responsibility to ensure that shareholders are not footing the bill for personal travel.

Explanation: because it would be English error to make use of a 'comma' before a clause that begins with 'that'

(2nd and 3rd sentence)

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