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a rapid increase in the population of a city or town.
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∙ 10y ago
Mariha Puerto
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What types of business is most likely to use the subscription business model?
Newspapers.
What is most likely to create new markets?
free trade
What is most likely to be a disadvantage of increasing your market share?
Increasing your market share is likely to invite competition - you may invite competition. hehehe K12 LOL
Which market structure would a company with a high start-up costs and ongoing expensive advertising and promotional campaigns most likely belong to?
The company would likely belong to a monopoly market structure.
Is the biggest target market always the best?
The largest possible target market is not the best. By focusing on the demographic that is most likely to buy your product, your company will get the most business for its advertising dollar.
Which is most likely to change a buyers market into a sellers market?
The price of building materials suddenly going up.
A rapid increase in the population of a city or town is most likely to lead to which?
A sellers market
What situations is most likely to change a buyers market into a sellers market?
The price of building materials suddenly going up.
A rapid increase in the population of a city or town is most likely to lead to what?
the seller's marketA seller's market.
What is the meaning of basic market models?
the meaning of market models is competition derived from pure competition meaning many sellers, monopolistic competition meaning most sellers, oligopoly competition meaning few sellers and pure monopoly meaning one seller.
What most likely results from the conditions in the box?
High competition among sellers
What is most likely to create a seller's market?
A rapid increase in the population of a city or town.
What types of business is most likely to use the bricks and clicks business?
Clothing Sellers
What business is most likely to use the bricks and clicks business model?
Clothing Sellers
Which market is the most competitve in economics?
A perfectly competitive market: 1) many buyers and sellers 2) no individual has influence over the market: buyers and sellers are price takers. 3) no barriers to entry 4) goods are perfect substitutes (no differentiation between products)
What is the origin of a free market system?
The free market system is most closely associated with Economist, Adam Smith. Within a free market system, sellers are free to set prices and compete via the consent of consumers. There is little to no intervention from the government, and sellers are free to operate within market of supply and demand.
What type of business is most likely to use the bricks-and-clicks business model?
Clothing Sellers
