Answer:
D. A competitive market with a few dominant firms producing substitutes
Explanation:
E book market has<u> few dominant firms</u> - Amazon, Apple.
Their e - book selling digital services have uniquely different features from each other. They serve similar nature of good ie e books contests. So, the digital services rendered by firms are <u>substitute</u> of each other.
Providing substitute goods, firms <u>compete </u>with each other.
As per technical economic terminologies : this market structure is analogous to Oligopoly market structure.
Answer:
Positive statement:
It is basically based on target and truth. Moreover, optimistic deliveries are have to be compelled to validate or nullified yet can't correct than
Normative Statement:
Adaptable announcements are particular and also the materials are value primarily based. The statements are basically valuation primarily based so that they can't be tried.
- <u>Since the statement 1</u><u> </u>are often proved or contradicted by grouping and evaluating the information, thus this can be a positive statement.
- <u>Since the statement 2</u> is opinion primarily based, we tend to can't take a look at it, and thus this can be a normative statement.
- <u>Since the statement 3</u> are often tested by seeing those conditions. Hence, this can be a positive statement.
- <u>Since the statement 4</u> is opinion primarily based, thus we tend to can't take a look at it. Therefore, this can be a normative statement.
The answer is: Car manufacturers
An industry that have high fixed costs in the short run would be the industry that has to put a high price tag for their products.
Car manufacturers need to provide a high number of capital on the early stage of investments to purchase machines and factory spaces that essential for the efficiency of the production. Due to this hard requirements, there is very little new company enter the competition in car manufacture industries in recent centuries.
D) Salaries
Revenue is the income for your business so you make a profit from fund raisers, donations and fees charged per child. You are losing revenue when you have to pay your workers salaries