I believe that it is b the cartel
If A monopoly firm can sell 150 units of output for $10 per unit. The marginal revenue of the 151st unit of output is $6.98.
<h3>Marginal revenue</h3>
Using this formula
Marginal revenue=(Number of units×Price per units)-(Alternate Number of units×Price per units)
Let plug in the formula
Marginal revenue=(151 units×$9.98 per units)-(150 units×$10 per units)
Marginal revenue=$1,506.98-$1,500
Marginal revenue=$6.98
Therefore the marginal revenue of the 151st unit of output is $6.98.
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Answer:
Secretary are rich source of information about a prospect and important for successful sales call.
Explanation:
Brandi's supervisor is only trying to establish a relationship and also a general knowledge base about the prospect from the secretary because they tend to be rich In Information and well detailed about their boss, this information the sales supervisor is gathering will come handy when he finally meets the prospects as that might be a leveling ground whereby he can launch his sales idea to the prospect.
The Secretary also have the to do list of the boss per day and help plan schedule over time so they can always chip in the sales representative in for subsequent meet up and that can only happen if a great connection was established in the first meeting.
Answer:
innovation and product research
Explanation:
To develop a new product or service that brings unique value to customers, innovation and product research are very important.
In bringing unique value to customers, the entrepreneur must be proactive in making adequate research to understand what brings value to his potential customers. In order to bring out something unique and truly valuable, the entrepreneur must be innovative and creative.
Answer:
"Business Analysis".
Explanation:
According to my research, new-product development is the complete process that a company goes through in order to bring a new product to the market. Based on the detailed description given within the question, I can say that the Stage being described is called "Business Analysis". This is one of the beginning stages within the development process.
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