Answer:
<h2>The answer in this case would be option a. or price exceeds marginal cost.</h2>
Explanation:
- Monopolistic competition is a particular type of market structure where multiple or many firms or companies are producing and selling differentiated or heterogeneous products or services.
- A monopolisticially competitive firm maximizes its profit by producing the output level at which the marginal revenue or the additional or incremental revenue obtained from selling one more unit of output is equal to the marginal cost or the additional or incremental cost or expense incurred by the firm or company to produce that one more unit of the output.
- The monopolistically competitive firm charges per unit price of the output which is equal to the demand for any particular product or service in the market and higher than both marginal revenue and marginal cost or above the point where both are equal.Hence,the price charged by the monopolistically competitive firm is higher than both marginal cost and marginal revenue of production.
The correct answer is - elaboration.
By using the diversity of information that exists within different teams, the sharing as well as expansion of the knowledge is simply known as elaboration.
Elaboration of Information
- In communication within the organisation and various teams, the transfer of information is the most crucial step of the entire process.
- While doing the processing of information, the important strategy that is followed is “elaboration”.
- It focuses on the diversity of the information which is very crucial and sometimes can be complex but crucial.
- It helps in using the diverse resources of different teams in order to reach the solutions of the complex problems.
To learn more about information, visit - brainly.com/question/13629038
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Answer:
Items a) and b)
a) items used currently in the production of goods to be sold items
b) held for resale items currently in production for future
Explanation:
Inventory consists of current assets to be used in production of final goods or are the ones which are final goods and held for sale.
In the given case also, statement a includes raw materials, which are used to make the final good to be sold, which is a part of inventory.
Further, statement b includes work in production or final goods which are currently in production but would be resold.
The items which are kept for their use as like machinery or furniture or which shall be disposed are not inventory but are in fixed assets category.
Answer:
The minimum payment is 15
Explanation
so you have to pay another %15 of the bill each month
Answer:
c. To focus on establishing a brand name
Explanation:
Specialty products are products that people want to buy because they are unique and are from a certain brand they prefer. According to this, the answer is that in this case, the objective of the manufacturers of Caroline Perfumes would be to focus on establishing a brand name because that would create customers' loyalty and they would be willing to make an effort to buy the product.
