Answer:
Following are the differences between monopolistically competetive market and perfectly competetive market.
Explanation:
Overall the profit ratio for the sellers is higher in monopolistically competitive market and low in a perfectively competitive market. In monopolistically competitive market, sellers charge a price higher than marginal cost, whereas, in a perfectly competitive market, the sellers charge a price equal to the marginal cost. In long-Run, the main difference between the competitive market and the monopolistic market is the excess capacity. It is the difference between the efficient level of output and profit-maximizing level of output.
Answer:
The explanation of this question is given below in the explanation section.
Explanation:
This question is about the steps that how to carry out the market research in any industry and find out the gap and fill that gap by providing new or existing product or service to these market's customers.
The correct order for conducting market research are;
- Define the problem
- Establish the need for market research
- Establish the research objective
- Identify the information types and sources
- Determine the method of accessing data
- Then, Design the data collection form
- Conduct the survey from potential participants
- Collect the data
- Analyze the data
- Infer the information
- Report the information.
these steps are used to conduct the market research and collect data from potential participants. Data can be qualitative or quantitative and based on this collected data, then you will be able to infer the information from that data applying statictical methods.
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An approach to the study of retailing that stress activities such as buying, pricing, and personnel practices is a(n) <u>functional</u> approach.
You may have heard that meditation and exercise are powerful ways to relieve stress, but sports that adults tend to order for children are also wonderful ways to lift spirits, stay in the moment, and reduce tension.
“Play is not just essential for kids—it’s also an important source of rest and stimulation for adults,” says Rachel Buzenberg, a healing leisure expert with Henry Ford health. “As we get older, we emerge as set in our ways and discover it difficult to get out of our consolation zones and have interaction in new, fun sports. but expanding your leisure interests is not only calming, but it also helps you to manage stressors and build happiness.
Learn more about stress activities here:
brainly.com/question/11819849
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