Sufficient products to meet consumer wants
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Translation or specification gaps emerge when you focus too intently on industry standards or internal capabilities that are not aligned with customers’ real needs is true.
Hard and fast standards inside an industry regarding the usual functioning and sporting out of operations in their respective fields of production. In other words, it is the usually widespread necessities accompanied by the aid of the participants of an enterprise.
Exceptional enterprise requirements approach the standards which fall inside the top quartile inside the relevant enterprise for the supply of similar services which might be notably similar to the services or the relevant part of them, having regard to factors that include the nature and length of the events.
The primary purpose of industry standards is to make exceptional products compatible with every other and to make certain customers that they can thoroughly mix and suit products from exclusive brands. They pressure enterprise innovation, and price discounts and permit an expansion of value-effective, simple-to-use, holistic solutions.
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B. the guests seated at the ends of the table
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Answer:
they are all examples of programming language
For a monopolist, price is above marginal revenue.
<h3>What is monopolist market?</h3>
A monopolist market is a market with managed alone.
The price of commodity should be greater than marginal revenue this is because until marginal revenue and cost are balance the business cannot expand.
But a high price above the revenue will equal to profit.
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