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
xeze [42]
3 years ago
12

For which market structure do economists have the least precise model of price​ determination?

Business
1 answer:
sasho [114]3 years ago
4 0
<span>The market structure for which economists have the least precise model of price​ determination is oligopoly.

</span><span><span>Oligopoly is a market structure in which a small number of firms has the large majority of market share.</span></span>
You might be interested in
Connie stepped in to assist her friend Fred conduct his research plan for his business. He is trying to see where he should open
Illusion [34]

Connie's next step should be

Not - go back and revisit her plan objectives

Maybe - Conduct primary research and analyze Fred's current customers.

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

It is very essential for an entrepreneur who decides to start a new business to have a business plan that helps him in setting up the businesses in the right track and usage of funds in an effective manner. A business plan acts as a blue print of a new business and the objectives and resource utilization.

In the scenario give, Fred decides to start a new boutique and has conducted researches geographic locations and the type of boutiques supported by the demography. She must not then go back and review her plan objectives as she has decided to start it with a good plan and she may conduct a primary research about the  current customers of him.

5 0
3 years ago
Loss leaders are poorly managed retail companies of outlets. true or false.
Amanda [17]
False. Loss leaders are products that are sold at or below cost in order to lure you into the store.
6 0
3 years ago
Read 2 more answers
How have computers affected the american workforce?
Lynna [10]
Virtually all companies in America now make use of computers in their daily activities. American workforce now need computer technical skills before they can gain employment to work in companies.
5 0
3 years ago
Read 2 more answers
Anderson Corporation has purchased a group of assets for $16,600.
Sati [7]

Answer:

C.$ 8 comma 798$8,798

Explanation:

Given,

Purchase value = $16,600

Considering the relative values

Relative value of land = $6,500

Total relative value = 6500 + 2400 + 3400

                                = $12,300

Using the relative value to allocate the purchased value of the land

Purchased cost of land = (6500/12300) × 16,600

                                       = 0.53 × 16,600

                                      = $8,798

The amount that would be debited to the Land is $8,798 Option C

4 0
3 years ago
Antonio’s makes the greatest pizza and delivers it hot to all the dorms around campus. Last week Antonio's supplier of pepperoni
Lynna [10]

Answer:

At first, It will have no impact.

Later it will make the equilibrium price go higher. Quantity unchanged

Explanation:

First The raw material cost increase in the pepperoni will decrease the profit of Antonio's pizzas with that ingredient. It will not have an impact on the pizzas market.

But once after, Antonio's decides to markup the price, to get their previous profit margin back, the price of the pizzas will increase and because is the only supplier around campus their demand will not react (low to any elasticity to price) to the price rise and accepts the new price.

7 0
3 years ago
Other questions:
  • Employers who receive a citation and want to protest it should contact osha within
    10·1 answer
  • The following information is taken from the production budget for the first quarter: Beginning inventory in units 600 Sales budg
    6·1 answer
  • What's a good way to start this?. . Use a graph to show the impact on the price of Japanese cars sold in the United States if th
    10·1 answer
  • Borrowers tend to prefer ________ to ________, whereas lenders prefer ________. arms; fixed-rate loans; fixed-rate loans fixed-r
    7·1 answer
  • What does it mean for a savings account to have a minimum balance? a. If you do not keep at least that much money in the account
    6·2 answers
  • On june 1, 2014, england inc. reported a cash balance of $21,000. during june, england made deposits of $8,000 and made disburse
    11·1 answer
  • Bank deposits help the nation’s economy by
    13·2 answers
  • 1. Almost half the jobs in this country come from small businesses.<br> True<br> False
    15·1 answer
  • On January 2, 2021, the Jackson Company purchased equipment to be used in its manufacturing process. The equipment has an estima
    12·1 answer
  • McDonald's is a major company in the restaurant business
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!