Answer:
0.40
Explanation:
The four firm concentration ratio = 10%+ 10% + 10% + 10% = 40% =0.40
I hope my answer helps you
A staff meeting announcement needs to be in the first sentence, ex: please plan to attend....day, date, time, place should be included. Include the purpose of the meeting, ex: we will explain the new reimbursement procedure. Be sure to let readers know if they need to prepare anything/bring anything to the meeting. IF you require confirmation, tell the readers how to respond and by when. Optional: If the meeting is mandatory, it should be stated in the subject line and in the body. Goodwill is a good ending, ex: We look forward to seeing you there.
Answer:
D. no control over either the price of pretzels or the wage it pays to its workers.
Explanation:
A competitive market is characterised by many firms that are price takers. Firms that are price takers have no influence over the price they charge for their products; prices are set by the forces of demand and supply.
If the market for pretzels are competitive, the firm cannot set the price for pretzels. If the pretzel stand owner increases the price for pretzels, consumers patronize other pretzel stand owners. There would be no incentive for the pretzel owner to reduce its cost because the pretzel stand owner would be reducing its revenue and reducing its profit
If the market for pretzel makers is competitive, firms have no influence on wages that can be paid to workers.Wages are determined by the forces of demand and supply. If wages are cut, workers move to other firms. There would be no incentive to increase wages because it would increase cost and reduce profit.
Answer:
Small/large
Explanation:
A transaction could be a small or large unit of work that must either be totally finished or stopped
