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Tema [17]
3 years ago
15

In commodity markets it is typically true that: (note: only one statement is correct) Group of answer choices there are only a f

ew producers. any producer can affect the market price depending on the quantity that he or she sells. producers are "price takers". there are many producers, but it is very hard for new producers to enter the market.
Business
1 answer:
storchak [24]3 years ago
5 0

Answer:

producers are "price takers".

Explanation:

Commodity markets is an example of A perfectly competitive market. A perfectly competitive market is characterised by many buyers and sellers of homogenous goods and services.

Because products are homogenous, sellers cannot set the price for their goods. Prices are set by forces of demand and supply,therefore, suppliers are price takers.

There are no barriers to entry and exit of firms into the market.

I hope my answer helps you

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A human resource employee who works in many different areas likely has a ______ job. a. generalist b. knowledge c. technical d.
Elena L [17]

Answer:

A human resource employee who works in many different areas likely has a   <u><em>generalist  </em></u> job

Explanation:

A generalist will have a good knowledge over several areas thus; it can combine ideas from this areas and and apply them into the different taks given.

An specialist will only focus on a given area and will not switch into another as it doens't have the knowledge to do so.

technical will also focus on their particular skills.

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3 years ago
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Answer:

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4 years ago
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Cheers

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