Which characteristic is most indicative of perfect competition? A) High barriers to entry B) Homogeneous products C) Single seller D) Price setting by sellers
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- Which of the following is within the control of the perfect competitor? the selling price none of these the level of output the firm chooses the cost of raw materialsAs an entrepreneur, which graph illustrates the ideal brand loyalty you would like to see for your product, that is, the demand curve you would like to achieve as closely as possible? Product A Product B Price Demand Graph A Graph B Graph C Graph D Quantity Price Demand Quantity Price Product C Demand Quantity Price Product D Demand QuantityHow to identify the differentiation factor from our competitors.
- Study the evolution of any brand/company of your choice regarding its target market. In addition, also discuss how the brand/company differentiate and position its products/services to get the maximum competitive advantageWhat form of competition best characterizes this market? What characteristics did you identify that led you to that conclusion?coffee shop marketAre there barriers to entry in a Perfect Competition market? Explain in detail.
- 23 cements nents sions us es les eButton millan Learning borations m gle Drive rse Materials Answer the questions based on the following graph that shows the cost and revenue curves of a monopolistically competitive firm operating in the Toy Bear industry. 10 9 8 7 6 S 5 4 3 2 1 0 0 1 2 3 A MR 4 5 Quantity 6 7 MC ATC Demand 8 9 10 (a) Is the firm whose cost and revenue curves shown above in short-run equilibrium? Explain. (b) Using the labeling from the graph, identify each of the following at the profit-maximizing output. (i) The average total cost (ii) The output produced (c) Using the labeling from the graph, identify each of the following if this were a profit- maximizing perfectly competitive firm. (i) The average total cost Time Attem 59 MTrue/False In Perfect competition market, differentiated goods are sold.Please answer it as fast as you can in your words As a Marketing Manager in the Nespresso company, recommend new ideas concerning only 3 of the following: Product Development Market Segmentation Distribution Strategy Pricing Strategy
- Which of the following gives the customers better products that are not offered by other competitors? Select one: a. Competitive advantage b. Branding c. Advertisements d. Marketing StrategyPlease answer all 1. Coldwater Bicycle Company operates its factories at capacity and holds a dominant market position in its home country. When it receives a premium priced order from a new customer in another country, it must decide whether to fill that order or continue to supply the full demand in its home market. When it decided not to completely fill the new order, it incurred Group of answer choices a. Sunk costs b. Average costs c. Opportunity costs d. Marginal costs 2. What might happen if a car dealership is awarded a bonus by the manufacturer for selling a certain number of its cars monthly, but the dealership is just short of that quota near the end of the month? Group of answer choices a. Potential buyers will lose buying power at the dealer b. It may sell the remaining cars at huge discounts to hit the quota c. It creates an incentive to sell cars from different manufacturers d. It would ruin the relationship between dealer and manufacturer…In perfect competition there is a single seller True/False
