Answer:
The correct answer is letter "D": supply and demand determine prices and prices, in turn, allocate the economy's scarce resources.
Explanation:
In a Market Economy, economic decisions and prices are determined by market forces rather than by central planning. Market forces refer to the collective effects of all the decisions made by individuals participants in the economy such as consumers and businesses according to their free will.
In other words, supply and demand are the regulators of a Market Economy determining prices also allocating scarce resources.
Answer:
a) KSFs are both necessary and sufficient for competitive advantage
Explanation:
KSFs are required for an organisation to accomplish or exceed their desired goals. So thet are necessary and can be a competitive advantage
Predatory pricing is a dangerous and doubtful pricing strategy
where a product or amenity is fixed at a very small price, proposing to drive opponents
out of the market, or make barriers to access for potential new opponents. The
company expressively raised its prices after its competitors were forced out of
the market. And the company purposely set its prices below its average variable
costs. This can prove that a business is engaged in predatory pricing.
The answer is credit card balance. A credit card balance is the sum of money payable to the credit card company. A new credit card balance may take up to 24 hours to bring up-to-date after a payment has been administered dependent on the Credit Card Company and technique of compensation engaged. The balance can be negative, positive or zero liable on if money is owed if a compensation more than the balance was made or the balance was compensated in complete.
