The market structures that most benefit from Big Data are the competition Monopolistic, which is a type of imperfect competition such that many producers sell products in a market but the products are not identical (heterogeneous products), and they differ from each other by the brand, the quality or the location. In monopolistic competition, a firm takes the prices of its rivals as data and ignores the impact of its own prices on the prices of other companies; and Oligopoly, a market structure in which there are few relevant competitors. Each of them has a certain capacity to influence the market variables (such as price and equilibrium quantity), on the other hand, the one that benefit the least from Big Data is the monopoly, as it is a market structure where there is a single offer a certain good or service, that is, a single company dominates the entire supply market.
Answer:
"cost" represents the money paid for something and "opportunity cost" is the value of the thing given up when one chooses something else.
Explanation:
I got this answer from a different website because I'm not very good at explaining stuff like this but I took financial math and this is a good answer.
I had to look for the given options and here is my answer:
The word that best completes the blank provided is the term DIFFERENTIATION STRATEGY. Based on the given scenario above, we can say that the employed differentiation strategy, this is the strategy that you separate your services, products, and your company, and you presume that each should have its own actions that can meet the clients' preferences or standards.
Answer:
As a Medium of Exchange
Explanation:
The four functions of money are:
- As a Medium of Exchange
- As a Measure of Value
- As a Store of Value
- As a standard of Deferred Payment.
As a Medium of Exchange
Money as a medium of exchange has its most important role of facilitating the exchange of goods and services. Hitherto before the advent of money. Trade by Barter was the only means of conducting transactions. The use of money in the exchange of gods and services solved the major difficulty encountered with the barter system, which his "Double coincidence of wants".
Money by performing its most traditional role is accepted by all irrespective of whether they need each others good or services.
However to fulfill this role or function, Money has to be generally acceptable, portable, divisible, durable, stable in value and homogeneous.
Answer:
Chartered Accountant or Certified public accountant.
Explanation:
Chartered accountant is a designation or degree provided to the Accounting professional across the world except in United states, they have another equivalent designation of Certified public accountant. This designation required knowledge on accounting, tax, auditing, etc. They need to qualify in a rigorous accounting examination. As a professional their responsibility is to create financial statement, filling or helping company to file or calculate tax and providing financial advice.
