1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Studentka2010 [4]
2 years ago
7

Germaine operates a florist shop in a busy section of town in which there are many competing florists, each selling somewhat uni

que floral arrangements, earning zero economic profits in the long run. Germaine is operating in a(n):
Business
1 answer:
trasher [3.6K]2 years ago
4 0

Germaine is operating in a perfectly competitive market. As there are many competing florists, each selling somewhat unique floral arrangements, earning zero economic profits in the long run.

<h3>What is perfectly competitive market?</h3>

Perfectly competitive market is considered when all the competitors have same items and has no influence on pricing, and companies can enter and exit the market at any moment.

The market without restriction, customers have perfect or complete information, and companies are unable to set prices, according to economic theory.

Thus, the situation is of perfectly competitive market.

For more details about perfectly competitive market, click here

brainly.com/question/26028930

#SPJ1

You might be interested in
George, the CEO of an electronics company, wants to invest in an experimental technology that could provide the company with a h
Reil [10]

Option B

George face in the given scenario is a  perceptual barrier

<h3><u>Explanation:</u></h3>

Perceptual barriers are the subconscious barriers that we build because of the thoughts that we hold of specific people, circumstances or situations throughout us.  Perceptual barriers to communication are likewise challenging to understand and decode correctly because they take spot mentally.

The difficulty in communicating with others transpires because we all notice things uniquely based on each individual’s unparalleled expertise. By cracking down and examining our opinions about others, we can connect the communication gaps that occur because of our usual perceptual differences.

8 0
3 years ago
When a firm grants licenses internationally, it is giving foreign companies access to its:?
scoundrel [369]
<span>When a firm grants licenses internationally, it is giving foreign companies access to its trademarks, </span>technology and patents. Having your licenses and business become international is a huge gain for most businesses. When items go international, they have a larger market they can sell their products too, but there are also some risk to it as well. Allowing the foreign countries and companies to see how your products work inside and out benefit them while bringing in more profit to the international licensee. 
4 0
3 years ago
The career clusters were created by...
Arada [10]
B is the answer good sir<span />
6 0
3 years ago
"An NMS stock is current quoted at $16.10 Bid - $16.30 Ask. A customer wishes to place an order to buy 1,000 shares of the stock
slega [8]

Answer:

"An NMS stock is current quoted at $16.10 Bid - $16.30 Ask. A customer wishes to place an order to buy 1,000 shares of the stock at $16.111. The registered representative should:"

buy the 1,000 shares of NMS stock when the price is $16.111 or below.

Explanation:

This order by the customer is a limit order.  It indicates the price at which the registered representative should buy the stock of NMS.  A limit order means that the order can only be filled at the specific price or better (below the limit).  It is not like a stop order which triggers at the specified price and will then be filled at the prevailing market price, whether it is below or above the stated price.

4 0
3 years ago
May 31, Novac Corp. Has net sales of $415,000 in cost of goods available for sale of $286,000 compute the estimated cost of the
BabaBlast [244]

Answer:

$24,550

Explanation:

Computation for the estimated cost of the ending inventory

Net Sales = $415,000

Gross Profit rate= 37%

Cost of goods Sold = 100%- 37% = 63%

Cost of Goods Sold =$415,000*63% = $261,450

Cost of Goods Available for sale = $286,000

Using this formula

Estimated Cost of Ending Inventory= Cost of goods available for sale - Cost of Goods Sold

Let plug in the formula

Estimated Cost of Ending Inventory = $286,000-$261,450

Estimated Cost of Ending Inventory = $24,550

Therefore the estimated cost of the ending inventory is $24,550

5 0
3 years ago
Other questions:
  • Explain what is meant by an activity measure. Identify an appropriate activity measure for analyzing the cost structure of the b
    7·2 answers
  • A corporation must have a registered agent within the state of incorporation only if the corporation maintains an office in that
    10·1 answer
  • The following information is available for Baxter Manufacturing for April:
    12·1 answer
  • Shawn is creating a business that provides advertising on public restroom stall doors. He is funding the project from his person
    9·1 answer
  • A company’s retained earnings increased $375,000 last year and its assets increased $973,000. The company declared a $79,000 cas
    9·1 answer
  • Use the following information to calculate cash received from dividends: Dividends revenue $ 32,300 Dividends receivable, Januar
    8·1 answer
  • Which of the following statements is CORRECT? a. If two firms differ only in their use of debt—i.e., they have identical assets,
    10·1 answer
  • Hermansen Corporation produces large commercial doors for warehouses and other facilities. In the most recent month, the company
    9·1 answer
  • Who has social media?
    15·1 answer
  • If you fire Julio from his job after making one mistake but did not fire John for making the same mistake several times, you hav
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!