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slavikrds [6]
3 years ago
10

A perfectly competitive firm_______.A. Chooses its price to maximize profits.B. Sets its price to undercut other firms selling s

imilar products.C. Takes its price as given by market conditions.D. Picks the price that yields the largest market share.
Business
1 answer:
diamong [38]3 years ago
4 0

Answer:

C. Takes its price as given by market conditions

Explanation:

A perfectly competitive firm is a firm operating in a market with a very large number of suppliers and their products are virtually the same.

Individual action has no effect on market equilibrium price and quantity, which are given by the point where aggregate supply curve intersect aggregate demand curve.

Therefore, they are price-takers.

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Wither Spoon Company requires a new manufacturing facility. It found three locations; all of which would provide the needed capa
suter [353]

Answer:

$42,500 payments at the beginning of each of the next twenty-five years. Assuming Wither Spoon Company's borrowing costs are 8% per annum

Explanation:

Assuming Wither Spoon Company's borrowing costs are 8% per annum

th e option that is least costly to the company is Location C because it only requires $42,500 payments at the beginning of each of the next twenty-five years.

Hence Location A which may be purchased immediately for $500,000 cash and Location B which may be acquired with an immediate down payment of $100,000 and annual payments of $39,900 at the end of each of the next twenty years are not the best option for the company to choose from which therefore makes LOCATION C the best option for Wither Spoon Company because it save cost as as well the least costly to the company.

6 0
3 years ago
What is the purpose of professional communication?
weqwewe [10]

Answer:

By mastering professional communication, the potential for misunderstandings occurring can be minimised. When you work in a team, you need to be able to regularly communicate with others. You need to listen to other people's ideas, whilst being able to clearly and effectively communicate your own.

Purposes:

The five purposes for communication are to inform, imagine, influence, meet social expectations and express feelings.

6 0
3 years ago
Read 2 more answers
Process of tracking customer contacts and providing the customer with a price quote is
SashulF [63]
The correct answer is letter C. Pre-Sales

Pre-Sales is carried out before a producer managed to acquire customers, sometimes even before the products are being launch.

Usually customers get a significant amount of discount if they bought the product through pre-sales process, but they have to wait a little bit long before they got the products


4 0
3 years ago
Because common shareholders are entitled to the profits that remain after all of a corporation's other obligations have been met
Studentka2010 [4]

Because common shareholders are entitled to the profits that remain after all of a corporation's other obligations have been met, common shareholders are known as Residual owners.

<h3>What does Shareholders means?</h3>

A shareholder (in the US frequently alluded to as investor) of a company is an individual or legitimate substance.

A body politic, a trust or organization) that is enlisted by the partnership as the lawful proprietor of portions of the offer capital of a public or confidential partnership. The impact of a shareholder on the not entirely set in stone by the shareholding rate claimed. Shareholders of a company are legitimately isolated from the actual enterprise.

They are for the most part not at risk for the organization's obligations, and the shareholders' responsibility for organization obligations is supposed to be restricted to the neglected offer cost except if a shareholder has offered ensures. The company isn't expected to record the helpful responsibility for shareholding, just the proprietor as recorded on the register.

Therefore Shareholders might have procured their portions in the essential market by buying into the Initial public offerings.

Learn more about Shareholder here:

brainly.com/question/19054394

#SPJ4

8 0
2 years ago
There is often only one provider of cable television services in each region of the country: Time Warner is in New York, Comcast
posledela

Answer:

monopolist

Explanation:

Monopolistic competition is a kind of imperfect competition in which specific person or enterprise is the only supplier of a particular commodity.

A monopolist is not very much concerned about the product as customers have no alternatives but to buy that product.

Also, he can change the price or quantity of the product as in an industry he is a single seller .

In the given question, it's given that There is often only one provider of cable television services in each region of the country: Time Warner is in New York, Comcast is in most of New England, and so forth.

So, it would have caused Comcast to become an overly large <u>monopolist</u> with too much power if it buys Time Warner.

7 0
3 years ago
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