b. employees in the oil industry
c. drivers
d. all of the above
Answer:
The concept of utility
Explanation:
According to the concept of diminishing marginal utility, consumers will purchase more of a good when the price falls only in the situation when perceived benefits from the consumption of the good exceed the price. When consumers realize that the perceived benefits are no more worth spending, the quantity demanded of the particular good will decrease.
Selma's new balance will be $3,014.83. To find Selma's new balance, we need to add her paycheck of $378.42 to her current balance amount. The correct option is c.
A paycheck contains the net amount of salary or wages paid to an employee. A pay stub is normally attached to a paycheck, detailing an employee’s gross pay, itemized deductions, and net pay. Paychecks may be replaced by electronic payments, such as direct deposit, that send the payment amount directly into an employee’s bank account.
Businesses usually offer a few payment methods for obtaining your paycheck. The first is simply receiving a physical paper check. Just like any other check, it can be cashed or deposited to your bank account if you have one. The other option that's also used by many employers is direct deposit.
This allows your employer to electronically transfer your paycheck directly to your bank account.
Learn more about paycheck, here:
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To find Selma's new balance, you need to add her paycheck of $378.42 to her current balance amount.
When money goes into the account, it reflects positively and has an increase in the funds that are now available. If money is withdrawn from the account, there is a decrease of the available funds.
Answer:
D. perfect competition
Explanation:
Perfects competition is a theoretical market structure where competition among firms is at the highest level possible. It is also known as pure competition. Due to the high level of competition, there are no dominant firms. Each firm will have a small proportion of the market share. Other characteristics of a pure competition market include,
1. All firms sell a homogeneous or identical products
2. There are barriers to entry or exiting in the market
3. All firms are price taker; no single entity can influence the prices
4. There many very firms and seller in the markets
5. Buyers have sufficient knowledge about the sellers and the market.
A market condition characterized by large numbers of small firms is known as Perfect Competition, where no single firm has the power to impact market prices.
The correct answer to the given question is Perfect Competition. In a market characterized by perfect competition, all firms are assumed to be small and the number of firms in the industry must be large. This is to ensure that no single firm has any market power that can influence prices. It implies that firms are price takers and essentially based on demand and supply, market prices are determined. If we move to other types of market structures like oligopoly or monopolistic competition, we find that these focus on few firms controlling the market or product differentiation, rather than large numbers of small firms.
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following the differentiation strategy
B.
following the cost focus strategy
C.
following the cost leadership strategy
D.
maintaining customer loyalty
E.
maintaining strong vendor relations
Answer:
i would say E correct me if i am wrong
Explanation:
Answer:
I can confirm E is correct
Explanation:
It's in the lesson plan that talks about 'strategies that improve your competitive advantage'. It took me awhile to find it, but I finally did. It was under the sections that bold terms and gives definitions.