Question: A separate ticket taker could be employed who would allow access to the theater only to those customers who present a valid ticket. this is

A separate ticket taker could be employed who would allow access to the theater only to those customers who present a valid ticket. this is what type of control system (preventive, detective or corrective), explain your answer briefly.

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LO12.3 Explain how demand is seen by a pure monopoly.

1. Explain how the long run differs from the short run in pure competition. LO11.1

2. Relate opportunity costs to why profits encourage entry into purely competitive industries and how losses encourage exit from purely competitive industries. LO11.2