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3 years ago

Some one can answer pls?

Business

1 answer:

olga_2 [115]3 years ago

8 0

The prospect of greater market share and setting themselves apart from the competition is an incentive for firms to innovate and make better products. But no firm possesses a dominant market share in perfect competition. Profit margins are also fixed by demand and supply.

A perfectly competitive firm is a price taker, which means that it must accept the equilibrium price at which it sells goods. If a perfectly competitive firm attempts to charge even a tiny amount more than the market price, it will be unable to make any sales.
Perfect competition occurs when there are many sellers, there is easy entry and exiting of firms, products are identical from one seller to another, and sellers are price takers.
The market structure is the conditions in an industry, such as number of sellers, how easy or difficult it is for a new firm to enter, and the type of products that are sold.

Hope this helps:)

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HELP ASAP PLZ!!!! Who would be most negatively affected if lower price limits were not in place? Explain your answer

trasher [3.6K]

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I think that’s a great answer someone correct me if I’m wrong!

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3 years ago

The quantity demanded x (in units of a hundred) of the Mikado miniature cameras per week is related to the unit price p (in doll

Pepsi [2]

Answer

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Step-by-step explanation:

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3 years ago

Is it ethical for a Realtor to represent buyer and seller?

Korolek [52]

<u>Yes, that's allowed</u> to ethical for a Realtor to represent buyer and seller.

<h3>Briefing:</h3>

Transaction brokerage describes the circumstance to which you're referring. When your real estate professional represents a buyer client who is interested in buying the property in which you are the seller client, this service option is known as transaction brokerage.

<h3>Who is a called buyer?</h3>

In a buyer's call, a buyer and seller agree to purchase a commodity at a set price that is higher than the price of a futures contract for the same grade and quantity.

<h3>Who is called a seller?</h3>

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1 year ago

Why is that market economies can often allocate resources in a more efficient and robust way than centrally planned economies?

sammy [17]

Answer:

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5 0

3 years ago

Gray is a 50% partner in Fabco Partnership. Gray's tax basis in Fabco on January 1, year 4, was $5,000. Fabco made no distributi

arsen [322]

Answer:

$21000

Explanation:

To determine Gray’s tax basis for a 50% interest in the Fabco Partnership, The interest is increased by the partner’s distributive share of all partnership items of income and decreased by the partner’s distributive share of all loss and deduction items.

Gray’s beginning basis = $5,000

Gray’s 50% distributive share of ordinary income = 50% × $20000 = $10000

Gray’s 50% tax-exempt income= 50% × $8000 = $4,000 and

portfolio income = 50% × $4000 = $2,000

Therefore, the ending basis of Gray’s Fabco partnership interest = $5000 + $10000 + $4000 + $2000 = $21000

6 0

3 years ago