Answer:
Many
Homogenous
There are no barriers
Have perfect knowledge
Explanation:
A perfect competition is characterised by many buyers and sellers of homogenous goods. Because there are many sellers of homogenous goods, firms are price takers.
Because there are no barriers to entry, in the long run, firms earn zero economic profit.
Because buyers and sellers have perfect knowledge of prices, price arbitrage isn't possible.
I hope my answer helps you.
Answer:
The answer is: B) The median wage in Texas is much higher than the national average. THIS STATEMENT IS FALSE.
Explanation:
If you take the facts from the Census ACS 1 year survey, the median household income in Texas is $59,206 (2017 data) and a median hourly wage of $17,06 (2016 data from the Bureau of Labor Statistics).
If you compare those numbers with the national average, the US median household income is $60,336 (the national average is $1,130 higher than the Texas median household income). Historically the Texas median household income has been lower than the national average.
If we consider the median hourly wage in Texas of $17,06 (2016 data) and we compare to the national hourly wage of $17,81 (2016 data from the Bureau of Labor Statistics) we can clearly see it´s also lower. The top ten states with the highest median hourly wage are: Alaska, Massachusetts, Connecticut, Washington, Maryland, New York, New Jersey, California, Minnesota, Hawaii, with hourly wages ranging from $22.68 to $19.24
Answer: Thursday December 18
Explanation:
The ex date for regular way trades will be set at Thursday December 18. The ex date for regular way trades is typically set a day before the record date.
In this case, we are told that the corporation declares a cash dividend on Friday, December 5th, which was payable to the holders of record on Friday, December 19th.
Since the record date is the question is Friday, December 19th, then the ex date for the regular way trades will be set at Thursday December 18 which is a day before the 19th.
Very unlikely because this does not happen because of someone UNLESS you touch the probe to the wrong surface....<span> Dust, corrosion or other impurities on the surface of the conductor. can also caue this to happen but this is rare.</span>
Based on microeconomic theory, <u>Total</u> costs refer to the sum of the fixed and variable costs for any given level of production.
<h3>What makes Total Cost?</h3>
Generally, the total cost is the sum of all the price of the material utilized, the wages or salary paid in the production, and the direct expenditure.
<h3>Components of Total Cost </h3>
The components of Total Cost include the following:
- Prime cost
- Factory cost
- Office cost
- Cost of sales, etc.
Hence, in this case, it is concluded that the correct answer is "<u>Total Cost."</u>
Learn more about Total Cost here: brainly.com/question/25109150
