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Lapatulllka [165]
2 years ago
9

The demand curve in a purely competitive industry is ______, while the demand curve to a single firm in that industry is ______.

Business
1 answer:
lesantik [10]2 years ago
6 0

The demand curve in a purely competitive industry is down sloping , while the demand curve to a single firm in that industry is perfectly elastic.

<h3>What is demand curve?</h3>

Demand curve can be defined as a graph that help to show the price of product as well as demand quantity.

In a situation where the demand curve is down sloping this means that a manufacturer intend to go for the price of goods and service and the quantity demanded in order to  increase profit .

Inconclusion the demand curve in a purely competitive industry is down sloping.

Learn more about demand curve here:brainly.com/question/516635

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Answer:

Explanation:

Humane Society Of West Michigan and Michigan Animal Rescue League

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Industrialization decreases the importance of which type of authority?<br> true or false
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False I'm pretty sure, hope this helped. Have a great day! :D
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Which of the following would be a good title for this diagram
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Where is the diagram? Do you have any info so i can make a title for you?


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Which events listed below would terminate a brokerage relationship where a broker represented a seller
sertanlavr [38]

The events listed that would terminate a brokerage relationship where a broker represented a seller are:

  • The house sold and the transaction closed
  • The owner declares personal bankruptcy

<h3>Who is a broker?</h3>

Broker is a person or a company whose work is to sell a company's products hence charge a commission for each product sold. He is like an intermediator between the company and the client.

An agency relationship creates a fiduciary duty owed by the agent to the principal, hence must act in the best interest of his principal at all times.

However, a brokerage relationship may be dissolved where the owner of an item is declared bankruptcy and also were transaction have been completed or closed.

Learn more about brokerage here: brainly.com/question/7284696

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5 0
2 years ago
The primary responsibility of a cloverleaf salespersons is to conclude a sale successfully in germany, france and the benelux co
Paul [167]

A salesperson's job is to represent their company by offering their customers the following services: giving value ,Taking control of your relationships back to their businesses with the knowledge of their markets and customers.

The responsibilities of the salesperson are -

  • Give specific information to customers about the items so that the customers can make a purchase decision.
  • Persuade the customers to make purchases and increase the sale of the company.
  • Raise the complaints of the customers to the management to sort their customer issues on an immediate basis.
  • The salesperson should also keep a track of the inventory to see that there is no shortage of resources and that customers' demands are met on time.
  • The salesperson should also be extroverted and comfortable communicating with the customers and convincing them. An extroverted salesperson can make more customers for the company.
  • The salesperson of the company should also be an achiever who is able to attain the sales target of the company along with giving additional inputs to increase the sales of the company.

About salesman :

A salesman is an ambassador of his company to the external world. He leaves a lasting impression on those with whom he interacts and form an opinion about the company from his behavior.

A salesman is out in the field, with no direct or little direct supervision, whereas other employees have to work under close supervision. A salesman needs human relations skill much more than others. As he interacts with a variety of people in diverse situations, he must show diplomatic skills and composure.

Learn more about Responsibility of salesman :

brainly.com/question/8083036

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8 0
1 year ago
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