Question

Price-taking firms, i.e., firms that operate in a perfectly competitive market, are said to be “small” relativeto the market. Which of the following best describes this smallness?(a) The individual firm must have fewer than 10 employees(b) The individual firm faces a downward-sloping demand curve(c) The individual firm has assets of less than Rs. 20 lakh(d) The individual firm is unable to affect market price through its output decisions

Answer 1

however, there are 3 main ways of recommendations: recommending products to customers directly, providing detailed products' information and showing other buyers' opinions or critiques. It is benefit for consumer experience without physical shopping. In general, recommender system is used to contact customers online and assist finding the right products they want effectively and directly

Answer 2

This is the answer of this question .