My Answer: The entry of new firms cause the demand curve of an existing firm in a monopolistically competitive market to shift to the left because each will have a smaller share of the existing market and become more elastic since <span>consumers will have additional choices.
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Business functions are the activities carried out by an enterprise, they can be divided into core functions and support functions.
Answer:
Collateral
Explanation:
Collateral <em>is an asset accepted for a loan by a lender as protection. When the borrower fails on the credit payments, the creditor can confiscate and resell the collateral to recover the losses.
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Credits protected through collateral are usually accessible at significantly reduced lending rates than other loans.
The lender's possible explanation to repay the loan on time is convincing.
What?
Explanation:
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