In comparing monopoly and perfect competition, we see that:
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heya mate!!!!!!
monopoly output is less than competitive output.
monopoly price is more than competitive ones
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Heya mate......
DEFINITION of Recency, Frequency, Monetary Value (RFM) Recency, Frequency, Monetary Value is a marketing analysis tool used to identify a firm's best customers by measuring certain factors. The RFM model is based on three quantitative factors: Recency: How recently a customer has made a purchase.
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