LIILIHUUU!! Y (6) TECHNOLOGIAL DEVELOPMENTS IN ADVERTISING USED IN TRAVEL INDUSTRY • How it has influenced tourist industry • Examples or pictures • Advantages of this technology for the industry
Solved
Show answers
More tips
- S Style and Beauty How to Get Rid of Under Eye Bags?...
- C Computers and Internet How to Get Rid of Windows Genuine Check?...
- C Computers and Internet War of Social Media: Which Platform is the Leader?...
- H Health and Medicine How to Treat the Flu: A Comprehensive Guide...
- O Other What is a Disk Emulsifier and How Does it Work?...
- F Family and Home What does a newborn need?...
- F Family and Home Choosing the Right Car Seat for Your Child: Tips and Recommendations...
- F Food and Cooking How to Get Reconfirmation of Registration?...
- C Computers and Internet How to Get Rid of Spam in ICQ?...
- A Art and Culture Who Said The Less We Love a Woman, the More She Likes Us ?...
Answers on questions: Business
- E English Can you please add 3 or 4 lines to this Zig-zagging down the road Trying not to stray over the centerline Or hit a curb Or break an axle Or flatten a tire Or wind up in the next...
- B Business 1.) If an investor is interested in earning income from a stock, which type is the best bet? a. Junk Stock b. Penny Stock c. Common Stock d. Preferred Stock 2.) Which investment...
- C Chemistry What does living organisms consist mostly of...
Ответ:
cut back on production.
Explanation: A competitive market simply means one which feature many producers willing to produce or provide the necessary consumer goods required. The market is competitive because no single producer can make a decision on the price of product being produced because the withdrawal of such producer won't be felt due to the large number of producers available and ready to satisfy the demands of the consumers.
The number of firms in a competitive market will tend to increase when existing firms make reasonable economic profit. And with the number of firms vying to produce the same goods increasing, cutting back production seems to be a reasonable move, that is reduction in production rate in other to control for the likely impact whuch could occur due to the influx of new production firms.