Answer:
Perfect competition is a market situation by means of which no supplier can influence or determine the price of a good or service, as long as there is a multiplicity of suppliers who offer a homogeneous good, equivalent to that of the other suppliers. These goods, therefore, would not have differences between them (an example could be the fruit market), and therefore buyers could decide to buy from those sellers who offer the best prices. In this way, perfect competition would be generated between the bidders, who through their price would seek to attract buyers. For this type of competition (in theory, since in practice it is almost impossible) to occur, it requires a market without any type of barriers, with a product with the same characteristics, a high number of market players and abundant information about each of the products.
Answer:
reference prices
Explanation:
Pricing strategy is a process by which a seller makes use of different methods for selling a product or service. It is a method of setting the price per unit of a product and also hindering the entry of new sellers in the market by the existing sellers.
In determining the price for his company's new pocket digital camera, Matthew determines what consumers consider the regular or original price for similar cameras available in the market. Matthew is assessing the influence of <u>reference prices </u>on pricing strategy.
Reference prices is a strategy used by the existing sellers where they take the help of the prices of the commodity set by the competitors. The sellers try and fix a price of their commodity lower than that fixed by the competitors.
Answer:
Probable cause.
Explanation:
Probable cause by definition is reasonable grounds to believe that a particular person has committed a crime, especially to justify making a search or preferring a charge.
B. The presidents is the correct answer I’m pretty sure
<span>Juan's employer issued him a </span>payroll debit card. The payroll debit card allows J<span>uan to purchase with it, access cash through an ATM with it, and transfer funds with it.</span> The risk for Juan is in case if it is lost or stolen and someone successfully uses it to make purchases, he has no recourse—he is simply out the money.
