Pick a business you use and tell which market they are in and why.

Q: How to Maximize Profits.

A: Profit(π) is Total Revenue(TR) minus Total Cost(TR). TR is price(P) times the quantity(Q). TC is the…

Q: Market structure

A: The market is a mechanism which would result in a arrangement in which the buyers and sellers would…

Q: 6. Write how many units should be sold to maximize revenue. Explain how you got that answer using a…

A: Revenue maximisation may be a theoretical objective of a firm which attempts to sell at a price…

Q: why monopolistic competition the food industry

A: Barriers to entry conveys the number of restrictions faced by a business firm in its attempt to…

Q: Name at least three industries that will help you move to home ownership

A: The term 'home ownership' isn't simply home purchasing or putting away cash on a home, it implies…

Q: Why More Sales Don't Always Mean More Profit?

A: More Sales Don't Always Mean More Profit because: Sometimes to increase the sales firms cut down the…

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: What is a franchise? Name several and popular franchises.

A: The correct answer is given in the second step.

Q: Is there perfect competition in the food delivery market? Why and How?

A: Monopoly, Oligopoly, Monopolistic Competitive forces, and Perfect Competition are the four market…

Q: how to maximize profit in monopoly, competitive market, oligopoly and monopolistic competition?

A: Monopoly is a form of market where there is a single seller in the market. This seller is a price…

Q: a diagram of depicting a firm that is making a profit in a monopolistically competitive market?

A: A monopolistic competitive firm maximizes its profits, he will produce at a price where Marginal…

Q: what is marketing and what does it seek to accomplish?

A: Marketing is an activity that is undertaken by institutions and businesses to communicate their…

Q: Write a note on economics of distillation.

A: Economics  Economics is the study of production growth and welfare through time, as well as a wide…

Q: Which market has market power or not and is it good to have market power or not:  1- competitive…

A: Monopoly market has the most market power than oligopoly, perfect competition and monopolistic…

Q: What are the different views of Advertising? Topic: Monopolistic Competition

A: Advertising is information about a company's product or operation distributed by the firm, usually…

Q: Which rules are followed to be a successful entrepreneur?

A: Meaning of Economics: The term economics refers to the situation under which there remain…

Q: Types of products in:  1- competitive market: 2-monopoly : 3-monopolistic competition : 4-oligopoly:

A: A market is a place where the buyers and sellers interact with each other and the exchange of goods…

Q: After the production and marketing tests and the preparation of a marketing program, a process is…

A: There are several stages through which output will be generated and products will go through before…

Q: What is the purpose of a manufacturing or a service business?

A: Manufacturing business includes transforming the inputs into finished goods.

Q: What are the three concepts that are commonly associated with marketing on the internet. Use…

A: Internet marketing refers to the process through which goods and services are marketed with online…

Q: Why would good quality second hand cars withdraw from the market? Use economic theory to discuss…

A: The used-car industry is frequently used to explain the consequences of imperfect information. In…

Q: You are the BRAND MANAGER of "AFTER EIGHT "

A: GIVEN   Scrutinize the use of social media platforms such as Facebook, Youtube, Twitter, Instagram…

Q: The market structure where there are stringent government regulations before you can enter into it.…

A: A market is the collection of buyers and sellers. It is the system in which buyers and sellers…

Q: You are planning on starting a fast food restaurant to compete with Chick-fil-a, Zaxby's, Popeyes,…

A: In microeconomics, the markets are divided into four types : monopoly, perfect competition,…

Q: The table shows the costs and revenue for Glitter Ltd., a monopolistic competitor that sells…

A: Total revenue (TR) is the revenue earned from selling all the output at the market price. The…

Q: How are the characteristics and marketing needs of the product and service brands you selected…

A: To satisfy the demands and expectations of diverse customer segments, all goods and services…

Q: using graph A to identify the type of market and highlight characteristics of the market

A: Equilibrium in the market occurs at the intersection of demand and supply curves. P3 is the…

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: Between Monopolistic competition and Oligopoly, which do you think is better in an economy? Why?

A: Under oligopoly, there are some sellers and a large number of buyers can be seen while the decisions…

Q: Choose the correct Which of the following jobs aims to influence and win customers to buy a…

A: Promotion, Personal selling, Advertising, Publicity, Public Relations , are the techniques of…

Q: The profit maximizing combination of two products is found where?

A: A Production Possibility Curve (PPC) is a graph that shows all the possible combinations of two…

Q: Profit maximizing condition in any market.

A: The process of ensuring the highest possible levels of both production and price are attained in…

Q: market analysis using d. classroom.google.com Open with Google Docs mics : P4 PA

A: 1)Quantity demanded has increased,supply remaining same. Therefore equilibrium price has increased…

Q: In which market structure would you find a great deal of advertising?

A: Market: In economics, a market is defined as a place where sellers of a commodity and buyers of a…

Q: How difficult was it to find the product you wanted?

A: To find a product, a consumer initially has to see his budget or income which he can spend on the…

Q: What does the online promotion cycle start? a. Assess the need for promotion. b. Determining the…

A: The main aim of promotion is to guarantee that customers know about the presence and situating of…

Q: Which market type has all firms selling products so identical that the customers donot care from…

A: In markets, we may find products which are either homogenous in nature or they are completely…

Q: Which is most likely the result of healthy competition in the market?

A: Healthy market competition promotes good customer service, high-quality goods, and competitive…

Q: how to forecast a demand for a new company?

A: Steps to forecast demand for a new company 1.Objective It is very important that company should set…

Q: Which divisions of the business spent their money on products and services that were correctly…

A: In a business, multiple divisions are handling various branches of a business. They carry out…

Q: what are the reason why business sell their products on a discount?

A: Offering discounts on buys is an approach to rapidly bring individuals into your store. Whenever you…

Q: Why did the competitor change the price?

A: Under perfect competition market price setting is not a problem since it is already set or…