Explanation:
keeps you awake. Note taking forces you to pay attention and helps you focus in class (or while reading a textbook). It helps you learn. Studies on learning have shown that actively engaging with the topic by listening and then summarizing what you hear helps you understand and remember the information later.
Compare and contrast the characteristics of monopolistically competitive, monopolistic, and perfectly competitive markets.
Provide an organization that is an example of each and discuss how changes in their pricing affect your purchase decisions.
In a monopolistic market, a single company controls the amount of supply and the prices of goods and services. A market with perfect competition is one with many enterprises and no dominant player.
In a market with perfect competition, supply and demand factors set the industry-wide price, and each company sells its goods at that price.
Every company under monopolistic competition sells its goods at the price it sees fit. In perfect competition as opposed to monopolistic competition, entry and exit are quite simple.
In the situation of perfect competition, businesses are price takers, and in the case of monopolistic competition, businesses are price creators. This is the main distinction between the two.
Thus, In a monopolistic market, a single company controls the amount of supply and the prices of goods and services.
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According to the infographic in the module, the highest number or customers using payday loans got about how many loans per year?
Payday loans are quick personal loans that you might take out to cover unforeseen costs. Although some lenders provide loans up to $35,000 or higher, most customers obtain sums between $500 and $5,000.
With a payday loan, a lender will issue high-interest credit depending on your income for a brief period of time. Usually, a portion of your next paycheck serves as its principal. Payday loans have high interest rates since they are used for short-term, urgent credit.
Additionally, they are known as check advance loans or cash advance loans. Payday loans are readily available to customers and have exceptionally high interest rates. When applying for a payday loan, you often need to present a pay stub because payday loans are primarily dependent on your income.
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What is the total cost of ownership