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densk [106]
1 year ago
9

A purely competitive industry has a very ______ number of sellers, whereas the other three market structures reflect a progressi

vely ______ or ______ number of sellers.
Business
1 answer:
andrezito [222]1 year ago
7 0

A purely competitive industry has a very <u>large </u>number of sellers, whereas the other three market structures reflect a progressively <u>smaller </u>or <u>decreasing </u>number of sellers.

What are three examples of a market that is only competitive?

Agrarian goods like corn, wheat, and soybeans are excellent examples of a market that is purely competitive. Monopolistic competition is similar to pure competition in that it has few barriers to entry and many suppliers.

What exactly is a product whose market is only competitive?

The characteristics of a market with pure competition the products that are sold are identical. Every seller is the same. It is simple for new businesses to enter the market. Products are priced according to what customers are willing to pay.

Learn more about market structures here:

brainly.com/question/8650428

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If a firm that repairs both motorcycles and cars is able to do so at a lower cost than a firm that does only one or the​ other,
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Complete Question:

If a firm that repairs both motorcycles and cars is able to do so at a lower cost than a firm that repairs only one or the other, this would be an example of __________.

Group of answer choices

A. economies of scope

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C. monitoring

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Answer:

A. economies of scope

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3 years ago
Equivalent Units of Materials Cost The Rolling Department of Kraus Steel Company had 200 tons in beginning work in process inven
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Answer:

The total equivalent units for direct materials for October is  4,200

Explanation:

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The Equivalent Units are Calculated on the units ending that is on  the Units Completed and Units of Closing Work in Process

Note that materials are added at the beginning of the process

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Answer:

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