Answer: Monopolistic competition
Explanation:
Monopolistic competition is described as a competition between firms where they offer similar services but not the same or exact services. This competition is seen in industries where differentiation is possible, example of such industries are restaurant, hairdressers, clothing, TV programs.
Answer: $2
Explanation:
From the question, we are informed that an investor purchases a stock for $38 and a put for $.50 with a strike price of $35 and that the investor sells a call for $.50 with a strike price of $40.
The maximum profit for this position will be the purchase price of the stock deducted from the strike price of call option. This will be:
= $40 - $38
= $2
There were 72 (108 - 36) more maple trees in the woodlot before the bug problem. There were 108 maple trees in the woodlot before the bug problem. There are 36 maple trees in the woodlot after the bug problem.
The following information is given in the question:
Ratio of maple trees to oak trees before bug problem = 9:5
Ratio of maple trees to oak trees after replanting = 3:11
Total number of oak trees after replanting =132
Total number of trees in the woodlot is the same before and after the bug problem.
Let the number of maple trees after replanting be 'x'
From the data above, we can find the number of maple trees after replanting as follows:
So, number of maple trees after replanting in the woodlot are 36.
Let number of maple trees before bug problem be 'z'.
We can find the number of maple trees before bug problem as follows:
This is an example of COMPETITION element of the immediate environment.
In marketing, there are three elements of consumers' immediate environment, these are: company, competition and corporate partners. These three elements works together and directly determine the performance of a company in a particular place. In the scenario given in the question, Wendy decided to offer the 99 cent value menu purposely to attract more consumers than its competitors.