1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kompoz [17]
3 years ago
12

What are the three conditions for a market to be perfectly​ competitive? for a market to be perfectly​ competitive, there must b

e?
Business
1 answer:
den301095 [7]3 years ago
7 0
The three conditions that must exist in order for a market to be perfectly competitive include: 1. a large number of vendors and customers (buyers and sellers), 2. the vendors must be selling identical products and finally, 3. new vendors must be able to freely enter the market.
You might be interested in
Predictable books are useful in the early childhood classroom because they
Feliz [49]
Help the child see that they themselves can answer what will happen if they come across a situation like so
7 0
3 years ago
do you think that free enterprise encourage entrepreneurship? does entrepreneurship promote economic change? explain
lukranit [14]
Free enterprise pretty much says that people can sell whatever they want at a price they choose to whoever wants to but it. Becacuse of this people wanted to go out and make their own businesses where they sold the goods or services they chose to. So yes, I believe free market inspired people to become euntrapenures. For the next question, yes as well. With the amount of people selling different things the economy became more diverse. 
6 0
2 years ago
Read 2 more answers
A city street is a. always a public good, whether or not it is congested. b. a public good when it is congested, but it is a com
anyanavicka [17]

Answer:

a common resource when it is congested, but it is a public good when it is not congested.

Explanation:

We live in different areas, across city streets, with roads and they can either be public goods or common resources. Now, when the streets are not congested, it simply means that an individual can freely access the areas without that affecting any other person. In this simple case, the use by one person is not in rival consumption and so the streets are said to be a public good. But when the area is fully congested, people might find it difficult to move around through the areas. The use of the areas could cause negative externalities.  Because the place would be overcrowded, people can only move at a slow pace. In this case, the street are said to be a common resource.

4 0
3 years ago
Read 2 more answers
Harte Systems, Inc., a maker of electronic surveillance equipment, is considering selling to a well-known hardware chain the rig
Taya2010 [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

The proposed deal calls for the hardware chain to pay Harte $30,000 and $25,000 at the end of years 1 and 2 and to make an annual year-end payments of $15,000 in years 3 through 9. The final payment to Harte of $10,000 would be due at the end of year 10.

1)

Cash flows:

Year 1= 30,000

Year 2= 25,000

Year 3= 15,000

Year 4= 15,000

Year 5= 15,000

Year 6= 15,000

Year 7= 15,000

Year 8= 15,000

Year 9= 15,000

Year 10= 10,000

2) To calculate the present value we need to use the following formula for each cash flow:

PV= FV/(1+i)^n

Year 1= 30,000/1.12= 26,785.71

Year 2= 25,000/1.12= 22,321.43

Year 3= 15,000/1.12= 13,392.86

....

Year 10= 10,000/1.12^10= 3,219.73

PV= $104,508.27

3) The present value of cash inflows is higher than $100,000. It is more convenient to decline the $100,000.

4 0
3 years ago
Adrienne has several receipts from recent transactions that she entered in her records. The receipts include an ATM receipt for
madreJ [45]
I think it's "Adrienne did not enter her ATM withdrawal correctly"
8 0
3 years ago
Read 2 more answers
Other questions:
  • If men and women respond dissimilarly to the marketing efforts for a root beer-flavored malt beverage, they are considered _____
    7·1 answer
  • What is the main responsibility of the press secretary?
    14·2 answers
  • Robert has a list of characteristics that he wants his new house to have, and he has listed every item in that list in their ord
    8·1 answer
  • With current technology, suppose a firm is producing 400 loaves of banana bread daily. Also assume that the least-cost combinati
    12·1 answer
  • On April 30, Gomez Services had an Accounts Receivable balance of $31,200. During the month of May, total credits to Accounts Re
    11·1 answer
  • The management of Won League Lotteries was planning to shut down one of its offices. This shutdown was going to result in layoff
    5·1 answer
  • Suppose you borrowed $15,000 at a rate of 8.5% and must repay it in 5 equal installments at the end of each of the next 5 years.
    12·1 answer
  • A _____________________ is created during the first half of the Sprint planning meeting and a _________________ is created durin
    9·1 answer
  • Lancashire Railway Company (LRC) has two divisions, L and H. Division L is the company’s low-risk division and would have a weig
    10·1 answer
  • Why language is an important of communication tools? <br>​
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!