Answer:
The correct answer is C: More firms could enter the industry
Explanation:
Fat's Meats control the Kielbasa industry and hence they would feel they are stable. A decrease in the demand would not bring instability as they would still be in control. Increase in cost will also not cause instability because they would increase their price and since they control the industry, customers will have no choice than to buy. The existence of non-price competition would have made them unstable, but since there is no non-price competition. However the entrance of more firms into the industry would definitely destabilize Fat's Meat because an organization can come with more influence, money, and better product and become the leader in the industry.
Answer:
Let understand what elastic and inelastic demand is:
- If the small change in price causes heavy change in the quantity demanded then the demand is said to be elastic.
- Opposite to it is inelastic where even there is a very high change in the price but there is not so much effect on the quantity demanded.
Here, Camel cigarettes has a price elasticity of demand which is equal to 6 which means if the price suddenly increased, the quantity demanded will decrease. If any cigarette is having price elasticity of demand less than 2, it means it has less elasticity or if price increases very much then quantity demanded will not be affected so much.
Concerns about the level of service customers receive from overseas operations are likely to increase reshoring of jobs back to the US.
<h3>
What is level of service?</h3>
Level of service (LOS) is a qualitative measure used to relate the quality of motor vehicle traffic service.
LOS is used to analyze roadways and intersections by categorizing traffic flow and assigning quality levels of traffic based on performance measure like vehicle speed, density, congestion, etc.
In a more general sense, levels of service can apply to all services in asset management domain.
There are three level of service namely expected level, the desired level, and the unanticipated level.
To learn more about Level of satisfaction, refer
brainly.com/question/7943284
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Answer:
The correct answer is: technological component.
Explanation:
Technological components and industrialization itself is the process by which machinery is introduced within companies for specialized, faster, and bigger production causing manual labor to be left aside. Industrialization is offered referred to as the economic process of transforming agricultural goods into manufacturing goods.
