In a Monopolistic Competition, each seller delivers a differentiated product which is easily different from its close substitutes. The two main features of Monopolistic Competition are development differentiation and selling expenses.
<h3>What is the connection between product differentiation and monopolistic competition?</h3>
monopolistic competition guides to a market where many firs sell differentiated products. differentiation can arise from aspects of the good or service.
<h3>Why is product differentiation required for monopolistic competition?</h3>
Product differentiation is necessary for monopolistic competition because sellers in monopolistic competitor gain their limited monopoly-like control by making a distinctive product or by convincing customers that their product is different than the competition.
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There are three advantages and two disadvantages in collaboration.
<u>Explanation:</u>
- In the workplace, many people can work.
- They can share a lot of key ideas, new projects, and innovative approaches.
- So there are some advantages and disadvantages are present.
- They must overcome all the conflicts to the success of the project.
- First, the advantage is the way the work is divided.
- It depends upon the size of the project.
- Second, the advantage is a sense of creativity.
- It is used to know the visibility and quality of the products.
- Third, the advantage is increased employee morale.
- The two disadvantages are conflicts among workers and leadership among workers.
Answer:
working memory
Explanation:
Working memory is described as a short memory, this is because , it only store information temporarily. This means that it is not a part of long memory.
It is known to be useful or important for reasoning and also behavior. It has been discovered that it helps the children to learn some important skills like reading.
In this case, Jamaal will have to rely on the working memory to be able to temporarily stored the number he memorized from his phone before dialing on the landline.
