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tekilochka [14]
3 years ago
13

Please select the word from the list that best fits the definition a market structure in which a large number of firms produce t

he same product
Business
2 answers:
Leona [35]3 years ago
6 0

Answer:

perfect competition

Explanation:

Perfect competition in a market means that none of the agents can influence the price of the good or service, that is, both sellers and buyers are price-acceptors.

It is a market in which there are a large number of producers of a very homogeneous product or service, where the demand curve is perfectly elastic and the market price (or equilibrium) arises from the interaction between suppliers and applicants.

When we talk about perfect competition we mean an almost ideal and unlikely economic situation in reality, in the real world there is no such simple and ideal economy. However, this model is very useful in the economic study of markets that, in some cases, may come to resemble.

Shkiper50 [21]3 years ago
3 0

Answer:

Perfect competition is a market structure in which a large number of firms produce the same product.

Explanation:

Items at a grocery store are an example of perfect competition. onsumers have many options at multiple price points.

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A company wants to analyze the following investment option using its rate of return. They use a MARR of 15% to determine whether
morpeh [17]

Remainder Part of Question:

                                                Cash Flow

Initial Costs                              $365,000

Annual Benefits                       $90,000

Operation and Maintenance   $15,000

Salvage Value                          $25,000

Lifetime in years                       10 Years

Answer:

As the IRR > MARR, hence the investment is financially viable.

Explanation:

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4 0
3 years ago
A sandwich at the deli can be made of ham, beef, or turkey on wheat, white, or rye bread. How many combinations of meat and brea
Nat2105 [25]
You can make a total of 9 combinations consisting of one meat and one bread
8 0
3 years ago
rguments for adopting a policy rule include A. discretion avoids the straitjacket that would lock in the wrong policy if the mod
erik [133]

Answer:

C. discretionary policies pursue overly expansionary monetary policies to boost employment in the short run but generate higher inflation in the long run.

Explanation:

Arguments for adopting a policy rule include;

- discretionary policies pursue overly expansionary monetary policies to boost employment in the short run but generate higher inflation in the long run.

- discretion enables policymakers to change policy settings when an economy undergoes structural changes.

- discretion avoids the straightjacket that would lock in the wrong policy if the model that was used to derive the policy rule proved to be incorrect.

- policy rules can be too rigid because they cannot foresee every contingency.

- policy rules do not easily incorporate the use of judgment.

3 0
3 years ago
A person's debt-to-income ratio describes.
Mamont248 [21]

Answer:

D. how much the person has borrowed compared to how much he or she earns​

Explanation:

A person's debt-to-income ratio, abbreviated as DTI, is a measure of a person's monthly debt obligation against their monthly gross income. It shows the fraction or percentage of gross income that is committed to debt repayments. Lenders use the debt-to-income ratio to assess a borrower's ability to repay future loans.

Calculating the debt-to-income ratio requires one to add up all their existing loan repayments and divide that figure with their gross income. Lenders insist on a ration that does not exceed 36% as per the 28/36 rule.

7 0
2 years ago
Read 2 more answers
Which of the following should be added to net income in calculating net cash flow from operating activities using the indirect m
olya-2409 [2.1K]

Answer:

A decrease in inventory

Explanation:

Inventory refers to the finished goods that a company has in its warehouse, and are meant of sale.  The value of inventory is recorded as a current asset. If sold on a cash basis, it converts to cash or account receivable if sold on credit.

A reduction in inventory signals that some sales transaction has happened.  A sale contributes directly to the net come income of a business.  Sales generate or increase cash to the business. Its a cash inflow in the cash flow statement. Reduction in inventory is, therefore, an indirect communication in the increase of net income.

7 0
3 years ago
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