Answer:
d. where price is equal to average fixed cost.
Explanation:
Firms involved in a perfectly competitive market face the same cost, <em>they will theoretically make zero profit on the long run.</em> This happen at the point where price is equal to average fixed cost.
A cartel exists when various companies producing similar products or services work together to control markets for the types of goods and services they produce.
A cartel is a group of independent market participants who work together to improve profits and control the market. Cartels are usually associations in the same line of business and mergers of competitors.
1: Written agreement between Sengoku. 2 : An association of independent commercial or industrial enterprises aimed at limiting competition or fixing the prices of illegal drug cartels. 3 : Faction combination for joint action.
Examples of cartels: Organization of the Petroleum Exporting Countries (OPEC), an oil cartel whose members control 44% of world oil production and 81.5% of world oil reserves.
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C.) web browser is the right answer
Answer:
Unilateral contract
Explanation:
According to the given statement in the question, this is a type of a unilateral contract.
The unilateral contract is a type of contract in which only a single party makes the promises or undertakes the tasks or the responsibilities in return to the task or an act performed by the second party.
Here,
The car dealer is promising the salesperson to give bonus upon the selling of 10 cars by the salesperson.
Answer: collaborative filtering
Explanation:
Collaborative filtering is a technique thta helps to filter out the things that a user can like base on how other identical users react. Here, a small sample of the people with similar taste will be chosen from a larger group.
When you view a selection at Amazon and see "Customers who bought this (item) also bought ...," you are seeing the application of collaborative filtering.
