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viktelen [127]
3 years ago
11

Land of Many Lakes (LML) sells butter to a broker in Albert Lea, Minnesota. Because the market for butter is generally considere

d to be competitive, LML A. can choose quantity of butter that it produces but not the price at which it sells its butter. B. cannot choose either the price at which it sells it butter or the quantity of butter that it produces. C. can choose both the price at which it sells its butter and the quantity of butter that it produces. D. can choose the price at which it sells its butter but not the quantity of butter that is produces.
Business
1 answer:
Mice21 [21]3 years ago
3 0

Answer:

A. can choose the quantity of butter that it produces but not the price at which it sells its butter.

Explanation:

Taking into consideration the characteristic of the market explained in the exercise we would say that it is a Competitive Market.

One of the characteristics of a Perfect Competitive Market is that the price of the products is determined by the market, which means that no single seller can't change or influence the price on its own.

Hope it helps. Good luck.

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Other inventory methods are manual counts, perpetual inventory, first-in first-out (FIFO), and last-in first-out (LIFO).

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You are writing a report about new regulations that affect your company. Your primary audience of company executives is very bus
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Answer:

D. Break your report into modules and put highly detailed information in an appendix.

Explanation:

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Therefore, the report must be complete and contain all information about the subject in question, as it should also reach members of the secondary and tertiary public, they will probably read more slowly and carefully.

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Answer:

a Disturbance Handle

Explanation:

7 0
2 years ago
A broker-dealer is physically located and registered in State A. The broker-dealer has an existing client in State A who is a st
mars1129 [50]

Answer:

D) The broker-dealer must be registered in State B in order to contact the client while she is in medical school in State B

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Since the client will live in state B for an extended period of time, at least 4 years if she completes medical school, the broker-dealer must be registered in state B if he wishes to continue doing business with her.

If the client would have only gone to state B for a few months, then the broker could have still worked with her without registering in state B since the client could be considered on a vacation trip.

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