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EastWind [94]
3 years ago
14

If your local gasoline station raised its price by 20 percent, its sales of gasoline would decrease substantially because your l

ocal gas station
Business
1 answer:
White raven [17]3 years ago
6 0

Answer:If local shell gasoline stations look at bp stations' prices as the primary method of determining its own prices, shell is using competition-based pricing.

Explanation:

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C. Explain the importance of the veterinary physician .​
mr Goodwill [35]

A veterinary physician is necessary for the prevention of a variety of diseases and problems in diverse animal species. He or she is crucial in illness diagnosis and therapy planning. All situations when surgery is not required must be handled solely by a physician. Because many illnesses (zoonoses) may be passed from animal to human, chemists and doctors are continually checking on veterinary medicine to see how they might adjust human medications and vice versa. Vets take their duty extremely seriously in order to safeguard both the health of animals and the safety and wellness of the human-animal relationship. Shepard's utilized human medication and human medical advice to treat dogs thousands of years ago, and it typically worked.

3 0
2 years ago
Which markets compete in non-price competition?
Svetlanka [38]
 <span>Which markets compete in non-price competition? The companies and brands that compete in non-price competition are brands that are known, name brands with those that are generic. Even though generic brands are known for being cheaper, most brand-name goods sell more products because of their name. </span>
4 0
4 years ago
Read 2 more answers
Explain the typical shapes of the marginal-benefit and marginal-cost curves. The marginal-benefit curve is
IgorC [24]

Answer: The marginal benefit curve is downward.

The marginal cost curve is upward

Explanation:

Unlike the marginal cost curve, whose slope is often upwards, the marginal profit curve is generally known by its downward slope.

The optimum allocation of resources to a given product will take place when these curves are used. MB = MC always.

5 0
3 years ago
Assume cereal and milk are complements for most consumers. Use the slider to show what will happen to the demand for cereal if t
professor190 [17]
It will go up because the milk is cheaper and they will buy what goes with it because they are complements ( milk and cereal ) this leads people to buy what goes with it so more cereal will be bought
7 0
4 years ago
The establishment of lobster fishing season in the state of Florida is an example of:
SashulF [63]

Answer:

Government intervention in the economy.

Explanation:

The government in some cases take actions that affect the economy to have an impact and address inefficiencies. In this case, the intervention takes the form of a regulation that establishes a lobster fishing season in the state of Florida. Because of that, the answer is that this is an example of government intervention in the economy.

5 0
3 years ago
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