Subject Consumer Behavior
Q1: Optimum Nutrition leading whet protain brand , how they make
buying and disposing of their product?
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Answers

Answer 1

Optimum Nutrition is a renowned brand in the field of protein supplements. The company is known for its high-quality products and innovative marketing strategies. Optimum Nutrition's approach to buying and disposing of its products is influenced by several factors. These factors include the nature of its product, the needs of its target market, and its marketing objectives.

Optimum Nutrition has a unique approach to buying and disposing of its products. The company uses a combination of traditional and modern marketing strategies to attract and retain customers. One of the ways that the company does this is by offering a wide range of products that cater to the needs of different consumers. These products include protein powders, bars, and capsules.

Optimum Nutrition also uses social media and online marketing to promote its products. The company has a strong presence on platforms. It regularly posts updates, pictures, and videos to engage with its audience. This approach helps to keep the company top of mind and ensures that consumers are aware of its products.

Optimum Nutrition also offers incentives to its customers. The company runs regular promotions and discounts to encourage people to buy its products. These incentives not only attract new customers but also help to retain existing ones. Additionally, the company offers a loyalty program that rewards customers for their purchases.

Optimum Nutrition takes its environmental impact seriously and is committed to reducing waste. The company uses recyclable materials for its packaging and encourages its customers to recycle its products. This approach helps to minimize the environmental impact of its products while ensuring that it remains profitable.

Overall, Optimum Nutrition's approach to buying and disposing of its products is designed to cater to the needs of its customers while minimizing its environmental impact. The company's innovative marketing strategies and commitment to quality have helped it to become a leading brand in the protein supplement industry.

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Related Questions

Starbucks offers _______ agreements for many of its stores which include equipment, training, and support. in this type of agreement, starbucks receives commissions or royalties on sales.

Answers

Starbucks offers Licensing agreements for many of its stores which include equipment, training, and support. in this type of agreement, Starbucks receives commissions or royalties on sales.

What is the Licensing in regards to business?

The term is one that connote the act or the process of providing or getting permission to have, make, or use a thing that another person or firm has made or owns:

Note that this form of market stands for a growth area for the company that are involved.

Therefore, Starbucks offers Licensing agreements for many of its stores which include equipment, training, and support. in this type of agreement, Starbucks receives commissions or royalties on sales.

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ANSWER ASAP PLEASE Which statement describes a way to use credit responsibly?
paying attention to the APR
and not the
APY
paying only the minimum payment each month
opening several different credit accounts
o understanding the account's interest rate

Answers

Answer:

understanding the interest rate

Explanation:

i took the test

7. Jannah is reviewing a report that a new marketing manager put together after assessing her small business. If Jannah wants to learn how familiar a custo
what section of the marketing report should she review?

Answers

To learn how familiar a customer is to the company, Jannah must look at the leads section of the marketing report.

What is a marketing report?

It consists of a document through which an organization can visualize its performance over a period of time, through the analysis of data and information about the company's actions and strategies to achieve objectives and goals in the market.

Through qualitative and quantitative reports related to communication and sales, for example, the company is able to make more significant decisions about its strategy, with evaluations and corrections that will contribute to continuous improvement and positioning in the market.

So leads could be the section that Jannah would review to identify a potential customer, as this data significantly demonstrates an individual who engages with the company's business and can be turned into a customer.

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Why does the marginal cost in janines factory decrease as marginal product increases?

Answers

Minimal taking a toll is the extra fetched caused by a firm in creating one more unit of yield. Marginal cost is calculated by isolating the alter in add up to taking a toll by the alter in the amount delivered.

As the negligible item increments, the extra yield created by each extra unit of input (such as labor or crude materials) increments. This implies that the firm is able to deliver more yield utilizing the same sum of inputs, which leads to an increment in efficiency.

Hence, the negligible fetched in Janine's manufacturing plant diminishes as minimal item increments since the increment in efficiency permits settled costs to be spread over more units of yield, coming about in a diminish within the taken toll per unit of yield and consequently a diminish in negligible taken a toll.

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Which is not one of the leading u. S. Stock exchanges today?.

Answers

The Philadelphia Stock Exchange is not one of the leading U.S. Stock exchanges today.There are many stock exchanges in the United States that allow the buying and selling of various securities like stocks, bonds, options, futures, and more.

Among these, the most prominent stock exchanges are the New York Stock Exchange (NYSE), the NASDAQ (National Association of Securities Dealers Automated Quotations), and the American Stock Exchange (AMEX). These three stock exchanges are among the leading stock exchanges in the United States.In contrast to these three stock exchanges, the Philadelphia Stock Exchange is not one of the leading stock exchanges in the United States today. However, it was one of the oldest stock exchanges in the United States before it ceased operations in 2008.

Before it was acquired by NASDAQ OMX in 2007, the Philadelphia Stock Exchange was the oldest exchange in the United States that was trading options.The Philadelphia Stock Exchange has been around since 1790, and it was formerly known as the Board of Brokers of Philadelphia. The stock exchange traded mainly options on stocks and indexes like the S&P 500.

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could someone explain to me what the money market in Italy is, thank you all​

Answers

Explanation:

Two main markets comprise the Borsa Italiana: the Mercato Telematico Azionario (MTA), which is the segment for mid- and large-size companies; and the AIM Italia, which was established in 2009 to cater for high growth small and medium enterprises needing more flexibility around the reporting and governance requirements.

What is the first thing the law requires you to do when you arrive at an intersection? Explain what you should do if there is an officer directing traffic.

Answers

Answer:

If a law enforcement officer if directing traffic where there are traffic lights, OBEY the officer – not the signals. You must yield the right-of-way to all other traffic and pedestrians at stop signs. Move forward only when the road is clear. At four-way signs, the first vehicle to stop should move forward first.

The very first action we do is stop at the junction as if it were a red light and waiting for police to notify you when it is safe to go.

Explanation:

If a police officer directs traffic in an area with traffic signals, respect the officer rather than the signals. At stop signs, you must surrender the right-of-way to all other cars and pedestrians. Only proceed when the road is clear. When approaching a four-way stop, the first car to halt shall proceed first.

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What is the first thing the law requires you to do when you arrive at an intersection? Explain what you

"Economic exposure represents any impact of exchange rate fluctuations on a firm's future cash flows and thus includes transaction exposure.
a. True b. False"

Answers

Economic exposure represents any impact of exchange rate fluctuations on a firm's future cash flows, and thus includes transaction exposure. "False".

Economic exposure and transaction exposure are two distinct concepts related to the impact of exchange rate fluctuations on a firm's financial performance. While transaction exposure refers specifically to the risk of financial loss arising from contractual obligations denominated in foreign currencies, economic exposure encompasses a broader scope.

Economic exposure considers the potential impact of exchange rate fluctuations on a firm's overall competitiveness, market position, and long-term cash flows. It takes into account factors such as changes in foreign demand for goods and services, pricing strategies, input costs, and market dynamics. Economic exposure is not limited to specific transactions but involves the overall performance and sustainability of the firm in the face of exchange rate volatility.

Therefore, the statement that economic exposure includes transaction exposure is false. Transaction exposure is just one component of economic exposure, which also incorporates broader implications for the firm's future cash flows beyond individual transactions.

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Question 1 [40 marks] The above schematic diagram shows an electric motor with power of 7.5 kW and a speed of 720rpm driving a hoist through a gearbox. The wire-rope from the drum passes through an overhead smooth pulley before connecting to the load of 600 kg. a) Calculate the tension in the wire-rope if the 600 kg load is moving at a constant speed of 5 m/s. (Ignore the mass of wire-rope). Hence calculate the rotational speed of the drum hoist. b) Calculate the torque at the coupling to drive the drum. c) Select a suitable chain drive to replace the gearbox for this application. Given that the pitch diameter of the wheel sprocket should be less than 350 mm and the centre distance between the sprockets of the chain drive should not exceed 500 mm. d) Select suitable bolts to secure the pulley bracket. Assume allowable tensile stress for the bolt material is σmax=45MN/m2

Answers

a. The tension in the wire-rope is 5880 N. The rotational speed of the drum hoist is approximately 191.13 RPM.

b. The torque at the coupling to drive the drum is approximately 99.47 N·m.

c. It is not possible to determine a suitable chain drive.

d. We can choose bolts that have a tensile strength exceeding this value to ensure the safety of the pulley bracket.

a) To calculate the tension in the wire-rope, we can use the equation:

Tension = (mass × acceleration) + (mass × gravity)

Mass (m) = 600 kg

Acceleration (a) = 0 m/s² (since the load is moving at a constant speed)

Gravity (g) = 9.8 m/s²

Tension = (600 kg × 0 m/s²) + (600 kg × 9.8 m/s²)

Tension = 0 + 5880 N

Tension = 5880 N

The tension in the wire-rope is 5880 N.

To calculate the rotational speed of the drum hoist, we can use the formula:

Rotational Speed (in RPM) = (Speed × 60) / (2π × Radius)

Speed = 5 m/s (constant speed of the load)

Radius (R) = 0.5 m (since the rope passes through an overhead smooth pulley)

Rotational Speed = (5 m/s × 60) / (2π × 0.5 m)

Rotational Speed ≈ 191.13 RPM

The rotational speed of the drum hoist is approximately 191.13 RPM.

b) To calculate the torque at the coupling to drive the drum, we can use the formula:

Torque = Power / Rotational Speed

Power = 7.5 kW

Rotational Speed = 720 RPM

Convert Power to watts:

Power = 7.5 kW × 1000 = 7500 W

Convert Rotational Speed to radians per second:

Rotational Speed = 720 RPM × (2π / 60)

Rotational Speed ≈ 75.4 rad/s

Torque = 7500 W / 75.4 rad/s

Torque ≈ 99.47 N·m

The torque at the coupling to drive the drum is approximately 99.47 N·m.

c) To select a suitable chain drive, we need to consider the given constraints:

Pitch Diameter of the Wheel Sprocket < 350 mm

Centre Distance between the Sprockets ≤ 500 mm

Based on these constraints, we can choose a suitable chain drive system that satisfies these requirements.  The required gear ratio and the specifications of the hoist system is not provided, it is not possible to determine a suitable chain drive.

d) To select suitable bolts to secure the pulley bracket, we need to consider the allowable tensile stress for the bolt material (σmax = 45 MN/m²).

Based on this allowable stress, we can choose bolts that have a tensile strength exceeding this value to ensure the safety of the pulley bracket. The specific type, size, and grade of the bolts will depend on the application requirements and the load-bearing capacity needed for the pulley bracket.

It is recommended to consult engineering standards and guidelines or seek assistance from a professional engineer to select the appropriate bolts for the specific application.

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hurry please!!!giving brainliest!

hurry please!!!giving brainliest!

Answers

A. Slower than average

Answer:

A

Explanation:

In addition to intelligence collection, processing and exploitation, and analysis and production, what other results must collection managers continuously monitor for

Answers

The other results that collection managers should monitor for process effectiveness are disclosure to determine whether information requirements are met.

What is the role of a collection manager?

Related to the supervision and control of an organization's collection department, generating effectiveness in billing and receiving payments.

Therefore, collection managers are professionals responsible for maintaining the company's financial balance in relation to negotiations with customers and partners.

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Suppose a certain home improvement outlet knows that the monthly demand for framing studs is 2,700 when the price is $4.19 each but that the demand is 3,500 when the price is $3.95 each. Assuming that the demand function is linear, write its equation. Use p for price (in dollars) and q for quantity

Answers

This is the equation for the linear demand function of framing studs.

To write the demand function equation, we can use the point-slope form of a linear equation, which is:

(q - q₁) = m(p - p₁)

Where:

q = Quantity demanded

p = Price

(q₁, p₁) = Given point on the demand curve

Given that the demand for framing studs is 2,700 when the price is $4.19 each (q₁ = 2700, p₁ = 4.19) and the demand is 3,500 when the price is $3.95 each (q₂ = 3500, p₂ = 3.95), we can substitute these values into the equation:

(q - 2700) = m(p - 4.19)

Now we can calculate the slope (m) using the two points:

m = (q₂ - q₁) / (p₂ - p₁)

= (3500 - 2700) / (3.95 - 4.19)

= 800 / (-0.24)

= -3333.33 (approximately)

Substituting the slope and one of the points back into the equation, we have:

(q - 2700) = -3333.33(p - 4.19)

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American Airlines paid the television producer to be a part of the show. This is known as ...

A) brand endorsement
B) product awareness
C) product placement
D) brand awareness

Answers

Answer:

A) brand endorsement

Explanation:

"Endorsements are a form of advertising that uses famous personalities or celebrities who command a high degree of recognition, trust, respect or awareness amongst the people. Such people advertise for a product lending their names or images to promote a product or service."

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Mining Companies have a major role to play in facilitating and promoting the culture of equality and therefore eliminating Gender based violence from the workplace and communities that host/ border mining project developments. a) What are some of the reasons that you believe gender based violence has become so prevalent on mining sites and in surrounding communities. (5 marks) b) During the screening phase of an EIA project in Guyana concerns were raised by villagers in the area about "Increased incidences of sexual exploitation of indigenous women and young girls by people who have come into the communities to work for the company."

Answers

Gender-based violence has become prevalent on mining sites and in surrounding communities due to a combination of factors such as male-dominated work environments, social and economic inequalities, lack of awareness and education, limited access to support services, and a culture of impunity.

Gender-based violence on mining sites and in surrounding communities can be attributed to several reasons. Firstly, the mining industry is historically male-dominated, with a significant gender imbalance in the workforce. This power dynamic can perpetuate harmful attitudes and behaviors towards women, leading to increased incidents of violence.

Secondly, mining projects often bring rapid social and economic changes to communities, resulting in unequal power dynamics and social tensions. These changes can disrupt traditional gender roles and exacerbate existing gender inequalities, making women and girls more vulnerable to violence.

Thirdly, the lack of awareness and education about gender issues and violence prevention contributes to the prevalence of gender-based violence. Limited knowledge about consent, healthy relationships, and gender equality can perpetuate harmful norms and behaviors.

Furthermore, the remote locations of many mining sites can limit access to support services and justice systems. This lack of resources and infrastructure can prevent survivors from seeking help and perpetrators from being held accountable, perpetuating a culture of impunity.

Lastly, the overall culture and norms within the mining industry and surrounding communities play a significant role. If there is a lack of commitment from mining companies to prioritize gender equality, enforce policies against violence, and promote a safe and inclusive work environment, it can contribute to the prevalence of gender-based violence.

In conclusion, gender-based violence on mining sites and in surrounding communities is a complex issue influenced by multiple factors. Addressing this problem requires a comprehensive approach that involves creating gender-inclusive work environments, promoting education and awareness, strengthening support services, and holding perpetrators accountable. By actively working towards equality and addressing the root causes of violence, mining companies can play a crucial role in eliminating gender-based violence from their workplaces and the communities they operate in.

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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must

Answers

When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

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Given that 141 of 405 transactions included \{bread, peanut butter, jelly\}. what is the support of IF [bread, peanut butter] THEN fjelly]? Please round your answer to 2 decimal places.

Answers

The support of the rule "IF [bread, peanut butter] THEN [jelly]" is approximately 0.35 or 35%.

To calculate the support of the rule "IF [bread, peanut butter] THEN [jelly]," we need to use the formula:

Support = Support([bread, peanut butter, jelly]) / Total number of transactions

where Support(X) is the number of transactions that contain all items in X.

From the given information, we know:

Support([bread, peanut butter, jelly]) = 141

Total number of transactions = 405

Plugging these values into the formula, we get:

Support = 141 / 405 = 0.3481

Rounding this to two decimal places, the support of the rule "IF [bread, peanut butter] THEN [jelly]" is approximately 0.35 or 35%.

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In providing ____,the government establishes and enforces the laws necessary for a market economy to function

Answers

Answer:

I think that's regulations

a structural engineer hired by a military base discovers upon inspection that her employer is using low-quality steel and skimping on bolts and fasteners in many construction projects, which goes against the building designs she approved. she reports this to the concerned government regulatory agency. this is an example of

Answers

She reports this to the concerned government regulatory agency. this is an example of whistleblowing.

What is whistleblowing?A whistleblower is someone who comes out and divulges their knowledge of any wrongdoing they believe is taking place either throughout the entire organisation or in a particular department. A whistleblower is somebody who reports any illegal activity, whether they be an employee, contractor, or supplier.According to Mueller, during the early 20th century, the terms "to blow the whistle" and "whistleblower" referred to either persons who were really blowing whistles or those who were trying to halt unlawful or immoral activities by raising a stink.Whistleblowing comes in two flavours. Internal whistleblowing is the first. This indicates that the whistleblower informs another employee of malfeasance. Whistleblowing on the outside is the second kind.

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Describe your financial goal. Based on the steps you learned about in this
module, what are at least three strategies you can use to reach this goal?

Answers

Can u add a picture

Why is Netflix's stocks going down?

Answers

Answer:

Netflix stock was falling sharply Wednesday after the streaming giant posted disappointing first-quarter earnings, prompting a flurry of price target cuts and critique from analysts.

Explanation:

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Why do you think that agriculture and Forestry related occupation and important? Give reasons?​

Answers

Answer:

These careers supply us with a multitude of food products and alternative energies, among many other important resources for sustaining our country and contribution to the world economy.

Within an organization, the primary lever to address the drive to _____ is job design, and the actions are to design jobs that have distinct and important roles in the organization, as well as jobs that are meaningful and foster a sense of contribution.

Answers

The primary lever to address the drive to comprehend is job design within an organization.

However, this will help to arrange the jobs as well as assignment of distinct and important roles in the organization.

What is Job design?

Job design  can be regarded as phenomenon involving organizing work into the tasks  which is needed in performing a specific job.

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Melissa engages in an activity that influences the well-being of a bystander. In order for melissa’s activity to give rise to an externality, it must be the case that:.

Answers

Melissa fails to recognize the impact of her activity on the bystander's wellbeing.
- the bystander fails to recognize the impact of Melissa's activity on his or her wellbeing.
- the well-being of the bystander is adversely impacted by Melissa's activity.
- Melissa neither pays nor receives any compensation for her activity. X(So that someone else gets/pays as a result of her activity.)
the well-being of the bystander is adversely impacted by Melissa's activity.

hey, would love some help with these 3 questions!

here's the actual source:

Netflix is an American public limited company that sells subscriptions to its online video streaming services. A subscription allows consumer in over 190 countries to stream television programmes and films through the internet

In 2016 Netflix decided to increase the price of its standard UK subscription from 5.99 to 7.49 per month. This move reflected Netflix's shift toward producing more of its own original streaming content, such as the hit drama 'Stranger Things', rather than repeating shows that are available on terrestrial channels such as BBC1 or itv1.

In recent years, the online streaming market has become increasingly competitive with rivals such as Amazon Prime, investing $180 million on 36 episodes of 'The Grand Tour'. To keep up, Netflix has commited itself to spending $6bn on new, original programming in 2017.

Netflix faces the difficult of raising prices to fund new shows, whilst at the sime time not putting off new and existing subscribers. However, Netflix continues to expand and build up its library of programmes and films from non-English speaking countries. Netflix's longer-term aim is to successfully enter the Chinese market.

hey, would love some help with these 3 questions!here's the actual source:Netflix is an American public
hey, would love some help with these 3 questions!here's the actual source:Netflix is an American public
hey, would love some help with these 3 questions!here's the actual source:Netflix is an American public

Answers

Answer:

i’m stuck on the first but i can help with the second one and third.

Explanation:

second one: “This move reflected on Netflix’s shift toward producing more of it’s own original streaming content.”

Third one: “I believe that netflix should ___ because…”

my opinion if you want to use it :)

I believe that Netflix should add special offers on more subscriptions. I say that because there are so many possibilities that they could come up with and they could use for it. They could also make a lot more money on how good the offers are. If they added more subscriptions, maybe more people would buy them to try out and if they ike it, they would j using it from that day forward, which not only would help netflix make even MORE money, but depending on how good the special offer is, it would make netflix producers and the customers very happy.

Lower-level managers are empowered to make decisions in a ______ organization, which can ________ motivation and job satisfaction.

Answers

Lower-level managers are empowered to make decisions in a decentralized organization, which can increase motivation and job satisfaction.

What is motivation?

Motivation is the reason why humans and other animals begin, continue, or discontinue an activity at any particular time. Motivational states are typically viewed as internal forces that induce a desire to engage in goal-directed conduct.

Extrinsic. Performing an action in order to achieve or prevent a specific result. Many of the things you perform every day are probably extrinsically driven.

Intrinsic. Internal motivation for success or a sense of purpose

Family. Motivated by a desire to provide for your family.

Finding strategies to improve motivation is critical because it allows us to modify our behavior, develop competences, be creative, create objectives, expand our interests, make plans, develop talents, and increase involvement.

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Karina made $660 in gross pay. Her employer withheld $97.62 in total federal, state, and FICA taxes from her check. How much is her net pay?​

Answers

Answer: $562.38

Explanation:

Net pay refers to the amount that a person gets after deductions such as taxes have been made from their salary:

Karina net pay = Gross pay - Total federal, state, and FICA taxes

= 660 - 97.62

= $562.38

Consumers might not realize that Philadelphia cream cheese and Jell-O products are made by the same company—Kraft. Philadelphia cream cheese and Jell-O are known as

Answers

Answer:

Jello-O and Philadelphia cream cheese, both made by kraft, are known as substitute goods.

Substitute goods are those goods that involve a similar action, or that produce a similar benefit. In this case, both goods are use to be spread over pastry, meaning that a person could buy both, but this person could also buy either one of the two without losing much benefit.

Hannah is acting as a (Choose between: manager, leader) when she establishes her department’s work schedule for the next month.2) As a manager seeks to develop her leadership skills, she should be aware that:A) Leadership is primarily about personal efficiencyB) Leadership is first and foremost about establishing a personal bond with employeesC) Many different styles of leadership can be effectiveD) There is one best leadership style to which all managers should aspire3) In a Harvard Business Review article, consultant Ben Dattner emphasizes the importance of giving credit to others for their good ideas and successes, both in private and in public. A leader with (humility, egotism, will, discipline) would generally behave in this way.

Answers

Answer:

leader

Explanation:

She has leadership or whatever it says abt leader ship. She doesn't sound like she would want to be a manager

Hannah is acting as a  leader when she establishes her department’s work schedule for the next month.

As a manager seeks to develop her leadership skills, she should be aware that Many different styles of leadership can be effective. Thus the correct option is C.

In a Harvard Business Review article, consultant Ben Dattner emphasizes the importance of giving credit to others for their good ideas and successes, both in private and in public. A leader with will would generally behave in this way.

What is a leader?

A leader refers to an individual who carries as the art of directing and influencing pople or groups of people in an organization with pleasing efforts to gain their support and help them to grow by providing better direction.

A manager is a person who oversees a project and is accountable for allocating resources, monitoring the project's development, and ensuring that it is completed on schedule in order to fulfill the organization's mission and goals.

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The following are all functions of a chief information officer (CIO) EXCEPT ________.
A) creating business opportunities
----B) overseeing the accounting office
C) processing information
D) updating computer systems
E) balancing the benefits of technology against the costs

Answers

All of the chief information officer's (CIO) responsibilities are listed here, EXCEPT B) managing the accounting department.

What do you mean by Chief information officer (CIO)?

The chief information officer (CIO) is responsible for managing the IT organization of a firm to provide results that support the company's objectives. The CIO plays a crucial leadership role in the crucial strategic, technical, and management initiatives — from information security and algorithms to customer experience and leveraging data — that mitigate threats and spur business growth. This is because digital is quickly becoming a core competency. The corporate leader in charge of information technology (IT) strategy and implementation is known as a chief information officer (CIO). The CIO determines how to move the company forward in a way that gets the most out of the information already available and integrates new information sources to help the company make better decisions more quickly.

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Identifying Which of the tiles you placed in the pure

competition column applies to this bicycle delivery

person?

Answers

Pure competition simply means a market that's has a wide range of competitors who are selling the same products.

Your information is incomplete. Therefore, an overview of pure competition will be given. In pure competition, all the companies sell identical products.

In pure competition, the market share does not influence the price. Also, companies can enter or exit the industry whenever they like as there's no barrier. The buyers have perfect information as well.

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