2 years ago

Identical products is a characteristic of a(n) ______ .

1 answer:

4 0

Identical products is a characteristic of a A. perfect competition.
Here are all of the characteristics of perfect competition:
1. a large number of small firms
2. identical products
3. freedom and resource mobility
4. knowledge of prices and technology

You might be interested in

Money managers:

yawa3891 [41]

The answer is D) are on the "but side" of Wall Street.
Just read the text. I'm 100% sure. Text below.

7 0

2 years ago

Read 2 more answers

Quickbrush Paint Company is developing a linear program to determine the optimal quantities of ingredient A and ingredient B to

Sonbull [250]

Answer:

A. 0.9x + 0.3y ≤ 10,000

Explanation:

Given

$x \to$ oil based plant

$y \to$ water based plant

The data can be represented in tabular form as:

$\begin{array}{ccc}{} & {A} & {B} & {x} & {90\%} & {10\%} & {y} & {30\%} & {70\%} & {} & {10000} & {5000}\ \end{array}$

Considering only A, we have the following constraints:

$A \to 90\% * x + 30\% * y$

$A \to 0.9x + 0.3y$

Since the company currently has 10000 of A.

The above constraint implies that, the mixture cannot exceed 10000.

So, we have:

$A \to 0.9x + 0.3y \le 10000$

<em>Hence, (A) is correct</em>

4 0

2 years ago

Discuss the rationale of organizing an industrial strike in resolving employee dispute with the state, focusing on the detriment

WINSTONCH [101]

Answe

Explanation:

Discuss the rationale of organizing an industrial strike in resolving employee dispute with the state, focusing on the detrimental effects strikes has on various stakeholders in an economy

6 0

3 years ago

hello people if u are interesting in getting tutoring for any subject contact me i have the best auntie/tutor ever she nice and

Kitty [74]

Me and my sister are in high school, and need tutoring in geometry and algebra 2, could she help?

4 0

2 years ago

With regards to economics, what is a trust?

Sever21 [200]

This hard question. I think this can be based on opinion. Trust can be like will.

4 0

2 years ago