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mr Goodwill [35]
3 years ago
9

The price of food is rising fast! how might this situation be handled in a…

Business
1 answer:
Pani-rosa [81]3 years ago
4 0
A free market economy is when the prices of supply and demand are free from the government. Meaning they can charge whatever they want and the government has to say. So answering your question they can just charge less if they felt like it since they have free reins of the prices.

A command economy is the opposite whereas supply and demand prices are determined by the government and the government only. The government would probably not change the prices because the government sucks.

(A mixed economy is the best way to achieve that)

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A purely competitive industry has a very ______ number of sellers, whereas the other three market structures reflect a progressi
andrezito [222]

A purely competitive industry has a very <u>large </u>number of sellers, whereas the other three market structures reflect a progressively <u>smaller </u>or <u>decreasing </u>number of sellers.

What are three examples of a market that is only competitive?

Agrarian goods like corn, wheat, and soybeans are excellent examples of a market that is purely competitive. Monopolistic competition is similar to pure competition in that it has few barriers to entry and many suppliers.

What exactly is a product whose market is only competitive?

The characteristics of a market with pure competition the products that are sold are identical. Every seller is the same. It is simple for new businesses to enter the market. Products are priced according to what customers are willing to pay.

Learn more about market structures here:

brainly.com/question/8650428

#SPJ4

7 0
1 year ago
1. After multiple rounds of layoffs, a plastics processing plant goes into bankruptcy because it has failed to keep up with tech
Gwar [14]

1. After multiple rounds of layoffs, a plastics processing plant goes into bankruptcy because it has failed to keep up with technological developments in the field. It is called dissolution.

2. Crisis is a multinational conglomerate facing a turbulent environment embarks on a cost-cutting campaign instead of spinning off companies and divisions that are no longer in line with the company’s core competencies.

3. Blinded is a college president doesn’t recognize that the availability of free online education is going to dramatically reduce the number of people who are willing to pay for a college degree.

Explanation:

Dissolution is the final phase of liquidation, the closure of a company, and the transfer of the property and assets of the company. Relationship breakup is the first of two phases of relationship termination.

For example, marriage breakdown. It is the last winding-up process of corporate law.

There are several types of circumstances where disaster conditions can be considered. Which include: social disturbance or interruption of the family, as stated at the outset of the lesson. Natural hazards -floods, tornados, storm events, explosions and other natural phenomena incident.

8 0
3 years ago
Show how Cablevision can conduct an ROI analysis. Describe the information that the company should collect and how it should b c
Flauer [41]

Answer:

Explanation:

Cablevision can easily accomplish this by doing the following. First gather the number of sales of premium services and other products that non-trained individuals are accomplishing in a given time period (example, one month). Next, under the same conditions place the newly trained individuals and gather the same data from them (number of sales/subscribers gained, premium products, and other products). Finally, they would simply need to compare the difference in the number of sales to see if the training paid off. They would also need to calculate if the difference in sales surpasses the costs of training.

3 0
3 years ago
A university is trying to determine what price to charge for tickets to football games. at a price of ​$30 per​ ticket, attendan
sammy [17]

Xmax = -44545.45 / -363.63 = 122.50

^ are there any options or you have to type in the answer?

3 0
3 years ago
Consider the following simple economy that produces only three​ goods: 2009​ (Base Year) 2017 Product Quantity Price Quantity Pr
Oxana [17]

Answer:

The answer is $6680

Explanation:

To calculate the Real GDP we use prices from the base year.

GDP =  100x40 + 80x11 + 20x90 = $6680

8 0
3 years ago
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