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Svetllana [295]
2 years ago
5

All of the following are characteristics of perfect competition EXCEPT Group of answer choices many buyers and sellers. lack of

barriers to entry or exit. homogeneous products. each firm is a price taker. product differentiation.
Business
1 answer:
Greeley [361]2 years ago
6 0

Answer:

The three primary characteristics of perfect competition are (1) no company holds a substantial market share, (2) the industry output is standardized, and (3) there is freedom of entry and exit. The efficient market equilibrium in a perfect competition is where marginal revenue equals marginal cost.

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The Sarbanes-Oxley Act in 2002 was created to protect consumers against false advertising by monopolies.
Igoryamba

The statement "The Sarbanes-Oxley Act in 2002 was created to protect consumers against false advertising by monopolies." is false.

Sarbanes-Oxley Act placed the obligation of responsibility for a company's financial reporting squarely on the shoulders of its top executives in order to safeguard investors from corporate accounting fraud.

It required chief executive officers (CEOs) and chief financial officers (CFOs) to personally attest to the correctness of the information in financial reports and to affirm that controls and procedures were in place to evaluate and verify that accuracy.

In reality, CEOs and CFOs had to personally certify that financial reports complied with Securities and Exchange Commission(SEC) rules by signing them. Failure to comply with this might result in fines of up to $15 million and 20-year prison terms.

Hence, the given statement is false.

Learn more about the Securities and Exchange Commission:

brainly.com/question/3798508

#SPJ1

3 0
1 year ago
The list of the tasks, duties, and responsibilities that a job entails is known as a _____. multiple choice utilization analysis
mash [69]
<span>This is known as a job description. A job description informs potential employees about the duties and responsibilities they will have if hired. The job description also tells potential employees about the position's working conditions and qualifications required and other specifications.</span>
8 0
3 years ago
Margie is 15 and claimed as a dependent by her parents. she has $800 in dividends income and $1,400 in wages from a part-time jo
Vinil7 [7]
Under United States tax law, the standard deduction is a dollar quantity that non-itemizers may deduct from their income before income tax is applied. Taxpayers may select either itemized deductions or the standard deduction, either outcomes in the lesser amount of tax payable. The standard deduction is accessible to US citizens and aliens who are occupant for tax purposes and who are individuals, married persons, and heads of household. When filing her own tax return, Margie is limited to the greater of $1,050 or $1,750, it is solved by the sum of the earned income for the year plus $350.So the answer is $1,400 + $350 = $1,750
6 0
3 years ago
A(n) _____ facilitates the development of organizational knowledge, skills, and tools to internally charter and manage projects
shepuryov [24]
A PROJECT MANAGEMENT OFFICE facilitates the development of organisational ............................
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5 0
3 years ago
In a command economy, the head of each household makes the fundamental economic choices such as what to produce and how to produ
uysha [10]

Answer:

B) False

Explanation:

In a command economy, the government makes the fundamental economic choices such as what to produce and how to produce output.

The government also owns means of production.

I hope my answer helps you

8 0
3 years ago
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