The places to support a large consumer population are the areas with abundant water and sunlight.
<h3>What is the population?</h3>
The population is defined as the number of persons in a single area, whether it would be a country, region, or any locality.
Governments normally specify the size of the resident population inside their jurisdiction using a count, a methodology of collecting, analyzing, gathering, and publishing data regarding a population.
The large consumer population supports the area where there is abundant water and sunlight.
Therefore, abundant water and sunlight support a large consumer population.
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It is more convenient to use travel agents to set up their travel arrangements due to busy and conflicting schedules of business people. Agents will also do everything for you to meet your travel needs. Travel agents know more than you do. They also have access to benefits you can't get otherwise. After you planned everything, they provide a safety net for your trip that you wont simply won't get by booking yourself or buying insurance.
Answer:
The correct option is A, co-opetition
Explanation:
Co-opetition derives its root from competition and co-operation.It refers to an arrangement where competing firms co-operate towards achieving a common goal like the case of two two automobile manufacturers are likely going to be in direct competition with each co-operating in order to develop a hybrid technology expected to benefit both.
Hence option C is obviously wrong as competition is just one side of co-opetition which also includes co-operation
Strategic alliance lacks an element of competition,hence it is also wrong, same applies to collaboration.
Finally, business strategy is generic in nature so it is out of context.
Answer:
Service Firms is the correct answer.
Explanation:
The utility is not maximized since the marginal utility gained from the fifth sandwich is greater.
In economics, utility refers to the entire satisfaction or benefit gained from consuming an item or service. Consumer utility maximization is commonly assumed in the economic theories based on the rational choice.
In economics, the marginal utility is the additional satisfaction (utility) that a buyer receives by purchasing an additional unit of the product or the service. It computes utility once the first product is consumed (the marginal amount).
Therefore, the utility is not maximized , from the fifth sandwich onwards the marginal utility is more.
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