A perfectly competitive firm has to charge the same price as every other firm in the market. Therefore, the firm is a price taker
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A perfectly competitive firm has to charge the same price as every other firm in the market. Therefore, the firm
A) is a price taker
B) is not able to make a profit in the short run
C) faces a perfectly inelastic demand curve
D) faces a perfectly elastic supply curve
Core paper. A company is a commercial enterprise, usually set up as a partnership, that provides professional services such as legal and accounting services. The corporate theory assumes that companies exist to maximize profits.
To describe a person as steadfast means that he acts in a way that does not change his mind, or that he is in control. She had to be firm with him. "I don't want to see you anymore"
A company is a business organization that seeks to profit from the sale of goods or services. The term company is synonymous with business or society. A business can operate in a variety of structures, such as a sole proprietorship or a legal entity.
Learn more about the firm here
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Answer:
Option 1
Explanation:
The US Census Bureau will help you identify the kind of population living in your neighborhood.
I think that statement is false
a letter of credit does not states that an exporter has availed credit from the bank to manufacture goods, but it st<span>ates that the bank will pay a specified sum of money to a beneficiary, normally the exporter, on presentation of particular, specified documents instead.</span>
Answer:
Knowing the projected growth trends of your desired future career can help you map out a career trajectory
Find out who the big players are in your desired industry.
Interacting and networking with others can keep you in the loop when it comes to your future career.
Explanation:
Answer:
both revenue-oriented and operations-oriented
Explanation:
revenue-oriented pricing can be understood the strategic price level that the producers set to maximize the amount of profit they earn. As it can be seen from the given passage, the company starts noticing more about the earnings, so that they decided to cut down on the discount offering to the customers and set higher price. By that, it can help raise the revenue of the company.
Meanwhile, operations-oriented pricing is price strategy that the company adopts to optimize productive capacity as well as the efficiency of the manufacturing procedure. This is indicated in the actions of expanding fleet of vans and enlarge delivery networks of the company to raise the productivity.
