Answer:
its A. if a firm faces higher costs of production, then it will earn lower profits at any given selling price for its products. As a result, a higher cost of production typically causes a firm to supply a smaller quantity at any given price. In this case, the supply curve shifts to the left.
Explanation:
Answer: Market structure
Explanation:
The market structure is one of the concept that helps in defining the various types organizational characteristics and the function of the market.
The market structure basically focuses on the main factors that affect the pricing of the product and the competition ion the market. There are three types of market structure are as follows:
- Perfect competition
- Buyer's control
- Imperfect competition
According to the given question, the pure competition is one of the component of the market structure as it helps in determine the actual market share, identical products and the freedom in the existing industries. Therefore, Market structure is the correct answer.
Answer:
Nicholas should try to remember the person's face, and imagine the person eating the food he or she has ordered.
Explanation:
According to the dual-code hypothesis, memory is easily recalled when stored as images because they are stored as both image codes or verbal codes.
If Nicholas attaches a face to the orders and make a pictorial image of the individual eating the food, the memory will be stored better and easily recalled.