<span>As a social media user, Monette would best be characterized as the "Critic".
There are seven types of Social media user:
the creator, the conversationalist, the critic, the collector, the joiner, the spectator and the inactive.
Each user have their own functions. Critic refers to</span><span> the person who answers and responds to content that are posted by others, they also post reviews and comments about the products and services.</span>
Answer: Change in lifestyle
Explanation:
The lifestyle of current day mom's is very different from what was obtainable in the past, therefore manufacturers need to adjust their products to suit the new lifestyle of current day mom's. Lifestyle here means the behavior, likes and dislikes of current day mom's.
Answer: Company should not expand to either.
Explanation:
Find the expected values of expanding to either country and pick the country with the highest expected value:
China:
= ∑(Probability of outcome * Outcome)
= (20% * 2,000,000) + (30% * 1,000,000) + (50% * -2,000,000)
= -$300,000
Vietnam:
= (70% * 1,000,000) + (30% * -2,500,000)
= -$50,000
<em>Both countries result in an expected loss so company should not expand to either of them. </em>
Answer:
The correct answer is "Higher than, Lower than and Excess production theory".
Explanation:
Under Monopolistic Competition:
Average cost = 70
Production level = 50
Under perfect competition:
Average cost = 65
Production level = 70
- Excess capacities are a circumstance where an economic performance would be less than the commodity that somehow a company might offer to that same marketplace.
- Throughout terms of long-lasting balances, the commodity demand of such a monopolistic competition corporation is lesser than that of a complete business entity.
