What is the trademinus−off that consumers face when buying the product of a monopolistically competitive firm?

a. consumers pay higher prices but the products are produced by highly efficient firms.

b. consumers pay a price greater than marginal cost, but have the luxury of choices more suited to their tastes.

c. consumers pay higher prices but receive better quality goods compared to the output of perfectly competitive firms.

d. consumers pay lower prices but have fewer choices.

Individual consumers belong to which step of choosing a target market? possible customers competition demographics communication

This exercise illustrates that poor quality can affect schedules and costs. a manufacturing process has 130 customer orders to fill. each order requires one component part that is purchased from a supplier. however, typically, 3% of the components are identified as defective, and the components can be assumed to be independent. (a) if the manufacturer stocks 130 components, what is the probability that the 130 orders can be filled without reordering components? (b) if the manufacturer stocks 132 components, what is the probability that the 130 orders can be filled without reordering components? (c) if the manufacturer stocks 135 components, what is the probability that the 130 orders can be filled without reordering components?

Ineed this asap miguel's boss asks him to distribute information to the entire staff about a mandatory meeting. in 1–2 sentences, describe what miguel should do.