Examlex
Which of the following is characteristics is common to both monoply and monopolistic competition?
Reward System
A structured plan designed to motivate and recognize employees' performance, often including financial and non-financial rewards.
Persistence
The ability to continue steadfastly or firmly in some purpose, course, or task, despite difficulties or obstacles.
Direction of Attention
The management and focus of cognitive resources on specific stimuli while ignoring others, crucial for effective task performance.
Efforts
Initiatives or exertions of physical or mental energy towards achieving specific objectives.
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