shortage
false
It might lead a producer to charge more for a product or service.
supply
In a monopoly graph, producer surplus is the difference between the price the producer receives for a good or service and the cost of producing it. In a monopoly, the producer has more control over pricing and can charge higher prices, leading to a larger producer surplus compared to a competitive market.
This particular good or service offers unique benefits and advantages compared to others available in the market.
I think about situation, when you install Windows from your current OS.
Describe a situation of superior customer service?"
false
It might lead a producer to charge more for a product or service.
what is the current philosophies of service delivery in the sector
Describe a situation in which you have improved the quality of customer service at your business? quality customer service and cost challenges
supply
It is either service, industrial or agricultural
No. A government monopoly refers to a situation in which the government owns all the outlets for a particular good or service.
supply
supply
Technically neither. They are a service provider, as such they consume raw goods and produce a finished product. In such a situation, the product developers are the persons who sell the raw materials or unfinished goods, and the consumers would be the purchasers of that which is constructed.