Oligopoly is a form of firm syndicate that consist of traders that has same product and try to gain more profit by collaborating to each other.
<h2>Further
Explanation:</h2>
There are couple of types of market
- Perfect competition
- Oligopoly
- Monopoly
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Ethnography is an approach in research, where the subjects are observed in their homes and/or communities.
- Ethnography is a mode of research that is largely used in the fields of Anthropology and Sociology.
- It is a method, wherein, the subjects of the study are not enclosed within an artificial environment, or otherwise known as a laboratory.
- They are studied by being observed in the environment they originate from or belong to.
- This method is specifically useful, while studying various cultures.
- It helps control the unwanted effects of being introduced in a new environment, which could alter the behavior of the subjects of the study.
Therefore, it is clear that Ethnography is the approach in research, where the subjects are observed in their homes and/or communities.
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Answer:
Payment of more interest in future and extension in the term of debt
Explanation:
Credit cards refer to plastic money.Such cards grant the holder the facility to withdraw and make payments greater than their balance of money in the account. Credit cards grant liquidity to the holder but at the same time, the holder is required to pay interest if the money drawn in excess is not paid back to the issuer within a stipulated time.
Minimum balance payment refers to that threshold limit of payment required which keeps the credit card and credit limit operational.
Paying a minimum balance eliminates late fee but interest will have to be paid on the balance remaining outstanding. So gradually, as one keeps paying only the minimum balance, the amount remaining unpaid would rise and thus, the interest to be paid on such outstanding amount shall rise too.
Also, with increasing outstanding dues, the debt term i.e the period by which the holder pays off the entire money due along with interest, will extend. So minimum balance payment may save funds initially, but has adverse long term implications.
$2.85 is the standard fixed manufacturing overhead cost per gadget
<h3>What is
manufacturing ?</h3>
Manufacturing is the process of creating or producing goods using equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the economy's secondary sector.
The Manufacturing Principles are a set of elements shared by all manufacturing industries that revolve around the concepts of flow and variation. These principles have emerged as a result of close collaboration with the manufacturing industries at both the research and operational levels.
A wide range of complex chemical or biological processes are used in the production of API. API synthesis from raw materials necessitates multi-step procedures involving a variety of high-tech processing technologies.
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