Pure or perfect competition is a theoretical market structure in which the following criteria are met:
All firms sell an identical product (the product is a "commodity" or "homogeneous").
All firms are price takers (they cannot influence the market price of their product).
Market share has no influence on prices.
Buyers have complete or "perfect" information—in the past, present and future—about the product being sold and the prices charged by each firm.
Resources for such a labor are perfectly mobile.
Firms can enter or exit the market without cost.
Explanation:
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Promoting an event with no money could be done by focussing on pre- event preparation and brand creation.
<h3>How do you promote an event without money?</h3>
- Utilize social media: Take into account adopting a specialty or specialized segmentation so members of a sector or demography can check your calendar for activities they are confident they will appreciate.
- Having a blogger as a friend : Make as many friends as you can with bloggers, social media ambassadors, and influencers.
- If they are essential to your low-cost event promotion, they will aid you in spreading the word if they know, like, and trust you.
- Seek media support: If you host newsworthy events, getting to know these people will be helpful to you in your event promotion as well.
- Don't forget writers for periodicals, travel websites, or anything else relevant to the activities you host and they would contribute on a large scale for your brand creation.
To learn more about brand creation, refer:
brainly.com/question/28155051
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Selling price=200 per unit
CM ratio =0.25
Fixed expenses=43000
target profit=0.2
Dollar sales to attain target profit=X
X=(0.2X+43000)÷0.25
Cross multiplication
0.25X=0.2X+43000
Solve for X
0.25X-0.2X=43000
0.05X=43000
X=43000/0.05
X=860000
Unit sales=Dollar sales÷selling price
Unit sales=860,000÷200
Unit sales=4,300 units. ...answer
Answer:
cat say whether or not Chan is buying donuts and cheese in equilibrium amounts
Explanation:
given that
the income is $250 that could be spend on donuts and cheese
Here the 25 utils denotes the donuts satisfaction and 25 units denotes the cheese satisfaction
So as we know that when the utility is maximum that means the equilibrium of the consumer could be attained
And,
Marginal Utility for Donuts ÷ dollar Price per unit for Donuts = Marginal Utility for Cheese ÷ dollar Price per unit for Cheese
Answer: Producer-producer rivalry
It is a rivalry from producer to producer because the other airlines will hardly be able to compete with that action, since at present it has become more usual not to include the luggage in the ticket and load them at the time of the check. With this, the best option for passengers will be to buy with the airline "Southwest Airlines"