Question

Plzzz solve this...... urgent

The processed food industry in America has made significant progress in recent years. The industry is now focusing not only on traditional processed food items (e.g., cereal, biscuits, jam, pickles, juices, spices, etc.) but also on value added products, such as frozen ready-to-cook/fully cooked food, healthier snacks, dressing and sauces, processed meat and poultry. A large number of firms have come up in the market to cater the rapid changing needs of the customers. Despite of huge competition, this industry has huge potential to generate profits due to high demand of the customers.

Requirement:

Being a student of economics, analyze the topics of market structures carefully and identify the market structure category in which processed food industry fall. Justify your answer by applying the characteristics of that market structure on the given industry.

Answer 1

Meaningful information and represents the values attributed to parameters, and knowledge signifies understanding of an abstract or concrete concept. The existence of information is uncoupled with an observer, which refers to that which accesses information to discern that which it specifies; information exists beyond an event horizon for example, and in the case of knowledge, the information itself requires a cognitive observer to be accessed.

Answer 2

Answer:

Please follow me................