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nasty-shy [4]
3 years ago
10

Which statements describe characteristics of pure competition? Check all that apply.

Business
2 answers:
dimulka [17.4K]3 years ago
4 0
The characteristics that describe pure competition are:
- Many sellers involved in the competition and none of them had the power to influence the price.
- Buyers also couldn't influence the price.
- It is fairly easy to come and compete in the market
- The commodities that offered in the market are similar in type and price.
stich3 [128]3 years ago
3 0

Pure competition describes a market where their is a wide range of competitors selling the same products. Since they are all competing and selling the same products, they are directly competiting with each other all of the time. Pure competition is also known as perfect competition because it makes the market a perfect and pure competition.

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Home countries can adopt policies designed to both encourage and restrict FDI. Host countries try to attract FDI by offering inc
alexira [117]

Answer:

Determining whether the scenario represents a benefit or cost to the home or host country, and then matching it to the appropriate place:

a. Outflow of earnings from a foreign subsidiary

Host-country cost

Home-country benefit

b. Loss of jobs

Home-country cost

Home-country benefit

c. Host country limits profit expatriation

Host-country benefit

Home-country cost

d. Transfer of new technology

Host-country benefit

Home-country cost

e. Loss of local entrepreneurship

Host-country cost

Home-country benefit

Explanation:

a) Data:

1. Host-country benefit

2. Home-country benefit

3. Host-country cost

4. Home-country cost

b) Foreign Direct Investments (FDI) are beneficial to the host country in many ways.  Some of the established benefits are economic growth stimulation, increased human resource development, transfer of finance and technology, and increased exports.  However, these benefits do not come without some costs.  Human and natural resources may be exploited without noticeable improvements.  Others include hindrance of domestic investments and entrepreneurship, risk of political changes, and negative influence of exchange rates.

5 0
3 years ago
Compounding refers to the growth process that turns $1 today into a greater value several periods in the future.
Marizza181 [45]
The above statement is TRUE. Compounding is the process by which the worth of an investment increases because the earnings on an investment, which is made up of the capital gains and interest earn interests as time passes. 
5 0
3 years ago
During June, Buttrey Corporation incurred $85,000 of direct labor costs and $25,000 of indirect labor costs.
IgorC [24]

Answer:

Explanation:

The journal entry is shown below:

Work in process A/c Dr $85,000

Manufacturing Overhead A/c Dr $25,000

           To Wages A/c

(Being the accrual wages are recorded)

The direct labor cost comes under the work in process account and the indirect labor cost comes under the manufacturing overhead account as it only records indirect cost and the sum of both is credited to the wages account

7 0
4 years ago
Green Cabinets is a custom cabinet builder. They recently completed a set of kitchen cabinets (Job Number 1478), as summarized b
Olenka [21]

Answer:

B

Explanation:

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4 years ago
When an incident occurs and relevant agencies or departments are dispatched to the scene, the lead agency assumes Incident Comma
kifflom [539]

Answer:

When an incident occurs and relevant agencies or departments are dispatched to the scene, the lead agency assumes Incident Command and a PIO is designated. This person is usually A full-time PIO whose role has been predetermined in emergency plans and SOPs- B.

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4 years ago
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