Answer:
The transistor was invented on June 30th 1948 by Bell telephone laboratories
<span>a hypothetical closed economy in which households spend the eDollars</span>
Answer:
1. Mary McFly invents a time machine and gets legal protection from competition. Patent
2. Main Line Utilities can operate at a lower cost than multiple electric companies. Economies of Scale
3. The author of Economics for Dumbbells is given exclusive rights to produce this book. Copyright
4. Your city council gives All Talk Communication Services exclusive rights to build high speed internet infrastructure in your town.Government licencing
5. DeJeers Jewelers owns 80% of the world's diamond mines. Control over Resources
Explanation:
A monopoly is when there's only one firm operating in an industry.
Economies of scale is cost reduction that accures to a firm as a result of its large scale production. For example, a supplier might give a producer a discount for buying in bulk.
A patent is when the government or an agency of the government gives the right to produce an invention or a good for a set period, others are usually excluded making, using or selling the invention.
Copyright gives the owner of an intellectual property the exclusive right to make copies of a creative work, usually for a limited time.
If a firm has exclusive access to resocurces, it is possible for the firm to prevent other firms from entering into the industry and thus retain monopoly power.
I hope my answer helps you
This is an example of B2C promotion
Explanation:
Business-to-consumer refers to a mechanism in which businesses directly market goods and services to customers, without intermediaries.
B2C is usually used by online retailers offering goods and services over the Internet to customers.
Online B2C has become a challenge for mainstream retailers that have benefited from a price rise.
Yet Amazon, eBay and Price line have evolved rapidly and eventually been distributors of the market.
Examples of sales representatives for B2C cover sales representatives marketing vehicles, audio systems and exercise facilities. Although certain B2C items (true estate, vehicles, boats etc.) are at a high price.
False, a pillow is not a raw material. However, it's made of raw materials like:
- polyester
- linen
- satin
- silk
- etc....