Briefly explain the following: (1). Problems of Marketing in developing Economies.  a). Lack or Inadequate Infrastructures  b). Competitive Opportunities are few  c).  Political Instability and or Civil Unrest

Q: Explain various markets and how they work to your friend so your friend will be able to run the…

A: Mainly there are 4 types of market structures. These are:  Perfect Competition(PC) is the structure…

Q: Directions: Match the corresponding definition or characteristics to the market structures. Write…

A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: Agriculture, or farming, is a decent example of which type of economic market? a. oligopoly b.…

A: Agriculture or farming is mostly considered as perfectly competitive market because homogeneous…

Q: How is building a brand in a business-to-business context different from doing so in the consumer…

A: Business to business (B2B) refers to the trading practice between two businesses. It includes the…

Q: Identify an industry where small and large businesses compete with each other. If you own one of the…

A: Many small business owners view huge corporations solely as competitors. This description is valid…

Q: Describe the types of inefficiencies that derive from monopolistic competition.

A: Market structure in an economy can be defined as the organizational characteristics of a market.…

Q: How would a pizzeria in a densely populated area with 20 to 50 competitors thrive in a pure short…

A: The pizzeria could thrive in short run than long run, because of several factors. In short run, it…

Q: Explain the importance of reading a classification tree effectively? How could this benefit an…

A: This philosophy is all the more usually known as a classification tree effectively from information…

Q: Briefly state the basic characteristics of pure competition, pure monopoly, monopolistic…

A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: What evidence of economic competition do you see in your everyday life? what evidence do you see on…

A: Economic competition refers to the situation where the firms in the economy compete with each other…

Q: based on four market structure in economics, why some firms able to continue to make an economic…

A: Meaning of Market: The term market refers to the situation under which the producers or the…

Q: Why might governments seek to regulate monopolies? A. Most monopolies are created through corrupt…

A: A monopoly market is one in which there is only one vendor of a commodity who is not competing with…

Q: Fill in the table and use your answers to the questions to figure out which market type each…

A: Market structure is described as the situation where various industries are differentiated and…

Q: Poor countries assert that patented drugs are too expensive for most of their people to afford. The…

A: Poor countries are unable to secure drugs, due to the expensive patented drugs and inability to…

Q: Briefly explain monopolistic competition and provide an example of this in a South African industry.

A: Markets refers to the arrangements under which buyers are sellers are able to strike a deal…

Q: In the following matrix for the profits of two pizza firms with the decision whether or not to offer…

A: "In game theory, a dominant strategy is the strategy which one player will always choose no matter…

Q: In economics we categorize markets by number of firms, barriers to entry/exit, product…

A: The answer is - E. Manufacturers expand substantial costs on marketing.

Q: Which of the following statements is true about Andrew Carnegie, John D. Rockefeller, and Henry…

A: Andrew Carnegie, John D. Rockefeller, and Henry Ford are some of the legendary men in the history…

Q: Does economic theory contend that for every product, the market for the product should be perfectly…

A: When the equilibrium state of the perfect competition is being taken into consideration it is not in…

Q: Why do business open shop close to their competitors

A: A rival is someone, a corporation, a team, or an organisation that competes with you or your…

Q: Why does Google care whether people think it is large or small?  Do highway billboards actually…

A: Google takes note that the billboards on the highways are very big since, when updating Google maps,…

Q: Questions 1. What steps did Microsoft have to take to develop products that are customized to Indian…

A: Traditionally, Microsoft began developing the one-size-fits-all strategy at home and applied it…

Q: The task to complete is to create a market scenario for a branded handbag. (You can google handbags…

A: Monopolistic competition is a market structure in which a large number of companies produce products…

Q: 1.If demand is elastic, the difference between the monopolistic price and the competitive market…

A: For 1) An elastic demand means that quantity demanded is highly responsive to the price level. An…

Q: Explain two benefits that might. arise from the existence of brand name

A:

Q: Use diagrams to explain what happens when the patent of a product expires, and the firm operates…

A: The exclusive legal right that an individual has to use a certain process, design or technology for…

Q: Why e-commerce are considered as near perfect competition?

A: Perfect competition is a type of market structure in which there are large number of buyers and…

Q: What steps did Microsoft have to take to develop products that are customized to Indian consumers?…

A: Following are the steps taken by Microsoft in developing products customized according to the Indian…

Q: Explain the circumstances under which cartels may fail. Refer to microeconomics and show a diagram.

A: A cartels could be a assortment of freelance businesses or organizations that conspire so as to…

Q: Briefly discuss the forces that have increased the level of competition faced by firms in the…

A: Competition refers to the situation when two or more people or organizations strive for a common…

Q: Monopolies can maintain economic profits in the short and long run because of barriers to entry…

A: In a monopolistic competitive market, there is a number of sellers, selling similar but not…

Q: Mentor Okay, I think we can now determine what kind of market you operate in. Kim There are four…

A: In an economy, markets are mainly classified into four types based on the features of a product.

Q: Describe the types of inefficiencies that derive from monopolistic competition. Use examples

A: Market is the place that helps provide a platform for various transactions which include both…

Q: Discuss how economic forces such as macroeconomic conditions and consumer income affect marketing.

A: Macro economic environment The macro-environment is a broader term that refers to the economic…

Q: Patents restrict competing firms from copying new technologies and are therefore a barrier to entry.…

A: Patent protection acts as an incentive for the firms to make billions of dollars worth of…

Q: Explain how firms that compete in the four different market structures determine profitability. Use…

A: There square measure quite {an} few exclusive market systems which could characterize an economy.…

Q: 2. Briefly explain four ways in which sellers can convince buyers that they are offering a product…

A: Following below mentioned are the four techniques to persuade a consumer that your product is of…

Q: how is the short run different from the long run in terms of economic profit in : - perfect…

A: Economic profit is defined to be the difference between the revenue generated from the sale of the…

Q: 1.What determine the ability to make profit on this market of T-Shirts?

A: A perfectly competitive firm is a price taker and can sell any quantity of the commodity at the…

Q: Explain briefly the common market structures by citing a specific example of companies & their…

A: The market is a location where the transaction of services and commodities takes place. It is…

Q: Briefly explain in 300 words the 4 levels of marketing channels with example

A: Channel is a medium used by retailers and other expected middle persons to move merchandise from the…

Q: he following is a quote from a New York Times article: “If a company makes product donations to the…

A: Total revenue is the product of price and quantity. Total cost includes all the fixed and variable…