Answer:
Option A:
<em>Large</em> Marginal costs; less <em>firms in the industry</em>
Explanation:
Monopolistic competitions are market models which are charaterized by low barriers to entry. High marginal costs will discourage firms from entering the industry, thereby leading to a reduced number of firms operating there in the long run.
Since the marginal costs reduce profit, if this continues to rise, most firms will discover that it is difficult to make profit in such an industry. They will definitely leave industry for a different one.
This makes Option C the answer.
The Pillsbury Doughboy is an example of brand anthropomorphism in which his friendly demeanor and the trademark giggle he lets out when poked in the belly help shape customer perceptions of the brand.
Anthropomorphism means giving human characteristics or behavior to something that is not human, like the Pillsbury Doughboy. When companies do this, they are allowing the customer to connect with a brand on a different level of understanding. Geico is another company that does their with lifelike gecko. Customers connect with the emotions of the object and then connect/remember with the brand.
Answer:
binding arbitration
Explanation:
Both parties agree to be bound by the decision of the arbiter and follow the recommendations/obligations stipulated by the arbiter at the end of the process.
That bound of the two parties makes it a binding arbitration.
As opposed to a non-binding arbitration where the result cannot be enforced onto the parties, a bit like a mediation. The result is more like a discussion starting point towards a negotiation of the end of the conflict.
Answer:
The correct answer to the following question is option C) $15,000 .
Explanation:
Harley signed and gave a blank check to the Pro accountants , and giving them them the authority to fill the amount by themselves but she had already came to an agreement with Pro accountant that the amount they would fill is $10,000 . But Pro accountants didn't do that, instead they filled the check for $15,000 , and gave the check to valley bank , now the valley bank has the full authority to enforce the full $15000 amount .
To increase total utility, Javier should spend less on peanuts and more on chewing gum - false
<h3><u>
Explanation:</u></h3>
Total utility is the measure of the total level of satisfaction that is obtained as a result of consuming the available quantity of goods or services. This different fro marginal utility which is the measure of total stratification that is obtained from the consumption of an additional quantity of goods or services.
In the example given, Javier is spending his income entirely on the chewing gums and peanuts. The dollars that remains is yielding 14 utils and 6 utils in spending for peanuts and chewing gums respectively. Total utility will not get increased with the either consumption because it includes the consumption of both peanuts and also chewing gums. Thus the given statement will be false.
