Answer:
A. At high prices, people want a small quantity. At low
Explanation:
Answer:
The answer is C
Explanation:
To maximize profits in a perfectly competitive market, firms or businesses' marginal revenue must equal to marginal cost (MR=MC).
Also price must equate marginal cost(which is the additional cost incurred in the production of one more unit of a good)
In perfect competition, P = MC = MR.
But in monopolistic Competition or monopoly P > MC
Answer: Public relations
Explanation: Public relations is the technique of maintaining the dissemination of information deliberately between an individual or group of individuals and the citizenry.
Public relations may include a company or person that uses subjects of public interest and media articles that do not involve direct payment to be exposed to their audiences.
In The given case, Rick was intentionally using media sources for making people aware and interested towards his project. Hence we can conclude that the given case is an example of public relations.
Answer:
C. hjivgjbvhmmhxtvjjcgjbchvcfvbjjcfsagkbfccfc
