Competition is also considered the basis for capitalist or free market economies.
Competition is desirable when the price charged to individuals equals the marginal cost of production to each firm. In other words, one can say sellers charge buyers a reasonable or fair price.
Competition is undesirable when it leads to a lower output and increased costs. Competition is undesirable in business because you have to prevent new innovative ideas surviving due to firms operating with high research and development costs alongside dominant advertising. In addition fewer incentives to cut costs because of a lack of competitors.
Read more: https://www.referenceforbusiness.com/encyclopedia/Clo-Con/Competition.html#ixzz7Booeb5l4
<span>customers of its boutique store in the haight-ashbury neighborhood of san francisco are more likely to demonstrate greater rates of adoption for trendy fashions</span>
The per-worker production function describes the relationship between real gdp per hour worked and capital per hour worked, holding the level of technology constant
Answer:
c. exaggerate
Explanation:
Typically, before and after photos is used by company to convince the customers that their product has a desired effect. You can see this in advertisement for almost every products for weight loss (such as appetite suppressant or workout equipment.)
The before after photos that showed in the advertisement often exaggerated in order to give positive impression toward their product. For example, the companies often took the before and after photo from different angle in order to make the people seems slimmer.
Answer:
<u>Investment analyst</u>
<u>Explanation:</u>
Since the team is thinking of investing in Wizard’s stock but has not yet decided it is the role of an investment analyst to prepare a detailed report on the stock’s performance and investment potential (from his personal experience) of Wizard's stock.
It is the result of the report that would <em>guide the team's decision</em> of investing or not.