These rights are known as property rights. Property rights allow a person to do what they want with their property, within regulation. These are included in the bundle of rights a time-share buyer has because they are allowed to use, sell, or rent their time-share.
A long-term competitive advantage that is not easily to duplicate or surpassable by the competitors.
it allows the firm to earn excess returns for its shareholders.
The answer to the question above is "brand names cause consumers to be more sensitive to product differences" based on the result of Roberto's taste test. In the blind test, Roberto did not feel the unsavory flavor from the generic store-coke and he prefers that generic store-coke. This test proves that Roberto's taste is distracted by the brand.
That statement is True
Frauds are gonna exist, no matter what country you're in
No matter how many frauds are there that exist around, if you're smart enough to recognize it , you won't fall into the fraud
Otherwise, no matter how hard the Governments' work to reducing the amount of frauds around you, if you're unaware and gullible, there's a pretty high chance you're gonna fall to one
Answer:
the marginal revenue from selling the fifth unit is
$25
Explanation:
Perfect competition is market structure in which the following information:
All firms sell an identical product .
All firms are price takers , cannot influence the market price .
Market share has no influence on prices.
Buyers have complete informationabout the product being sold and the prices .
Resources for such a labor are perfectly mobile.
Firms can enter or exit the market without cost
