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In long-run equilibrium,monopolistic competitors produce at the minimum point on the average total cost curve.
Position Power
The authority and influence a person possesses within an organizational hierarchy, often determined by job role or title.
Knowledge
refers to the facts, information, and skills acquired through experience or education; the theoretical or practical understanding of a subject.
Primary Functions
The basic roles or activities that are essential for an organization or system to operate effectively.
Staffing
The process of hiring, training, and maintaining a workforce to meet the needs and goals of an organization.
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