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LenKa [72]
1 year ago
13

In order to have competition in a market economy, there must be at least _____ or more sellers acting independently in a particu

lar market.
Business
1 answer:
NISA [10]1 year ago
8 0

In order to have competition in a market economy, there must be at least 2 or more sellers acting independently in a particular market.

<h3>What is competition in a market economy?</h3>

competition in a market economy serves as one that  allows multiple individuals  as well as  businesses to use resources efficiently  as well as producing  the cheapest products  without compromising  quality.

It should be noted that In order to have competition in a market economy, there must be at least 2 or more sellers acting independently in a particular market.

Learn more about competition at:

brainly.com/question/9698922

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A war begins between two countries, causing a need for thousands of men workers to produce uniforms and Nezos
nydimaria [60]

<u>Answer:</u> Option C World event

<u>Explanation:</u>

The labor market which is affected by a man made event that is the world event is known as war. Here in the above case the labor market demand increases when there is war situation between two countries. As the demand for uniforms and weapons increases. This is because the countries require additional resources to prove their strength.

Excess demand for labor exist when there is war. This changes the unemployment situation and any labor with or without skills are hired to meet the demand in the labor market.

7 0
2 years ago
3. A los factores productivos, dentro del proceso<br> de producción, también se conoce como..
emmainna [20.7K]

Answer:

El capital es uno de los tres factores de producción, se puede dividir en capital físico y capital humano, el capital físico son todas las máquinas y recursos que utiliza en su negocio. El capital humano se refiere a todos los conocimientos adquiridos.

6 0
2 years ago
Knowing what of the product life cycle a product is in helps marketers make intelligent and efficient marketing decisions?
givi [52]

Knowing what stage of the product life cycle a product is in helps marketers make intelligent and efficient marketing decisions.

<h3>What is the product life cycle?</h3>

The stages that a product goes through as it enters, establishes itself and leaves the market are defined by the Product Life Cycle (PLC). The product life cycle, in other words, outlines the stages that a product is likely to go through. Managers can use it to examine their products and create plans as they move through different stages.

When a product is first introduced to the market, a company frequently faces higher marketing expenses; nevertheless, as product adoption rises, more sales are realized.

When a product's adoption matures, sales stabilize and peak, however they may decline due to competition and obsolescence. When making business decisions, from pricing and advertising to expansion or cost-cutting, the idea of product life cycle might be helpful.

To learn more about the product life cycle, visit:

brainly.com/question/9363762

#SPJ4

4 0
2 years ago
It would be common to use the term ____ to refer to the manufacturing process when discussing the global supply chain.
Zanzabum

<u>Production</u> refers to the manufacturing process that includes the transformation of raw materials resulting in finished products.

<h3>What is production?</h3>

It is the supply chain phase that includes all the processes related to the creation and elaboration of the product.

That is, it includes the operations necessary for the transformation of raw materials into products and their mass production.

Therefore, we can conclude that production refers to the manufacturing process that includes the transformation of raw materials resulting in finished products.

Learn more about supply chain stages here: brainly.com/question/878903

3 0
1 year ago
1. Sam is preparing a speech for a small church group. He makes a list of his interests and lists all the related jobs he knows.
sineoko [7]

Answer:

Topic Building

Explanation:

Sam is at this point trying to build his topic for the speech.

It is based on this topic a speech write up will be made.

6 0
3 years ago
Read 2 more answers
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