<u>Answer:</u>
This scenario represents the first phase of a <u>Horizontal marketing system</u>.
Option: (C)
<u>Explanation:</u>
- A horizontal marketing system is the marketing system where two or more companies of different nature collaborate in order to generate more profit for the engaged companies.
- This type of marketing system has prospect of expanding its market size in a wider demographic range.
- In horizontal marketing system, the opportunities for partnership of the companies is more.
- Also, there is less competition between the companies adapting horizontal marketing.
- An example of horizontal marketing is the collaboration of Coca-Cola and KFC.
Answer:
- 1) Higher prices than in competitive markets Monopolies face inelastic demand and so can increase prices – giving consumers no alternative.
- 2) A decline in consumer surplus.
- 3) Monopolies have fewer incentives to be efficient.
- 4) Possible diseconomies of scale. Explanation:
<h3>Hope this answer will help you.</h3>
<h2>It is C empresario </h2><h2>Hope that helps </h2>
Answer:
The Middle Colonies were the most ethnically and religiously diverse British colonies in North America with settlers from England, Scotland, Ireland, the Netherlands, and German states.
Explanation:
