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vlada-n [284]
4 years ago
13

The model of competitive markets relies on these three core assumptions: 1. There must be many buyers and sellers—a few players

can't dominate the market. 2. Firms must produce an identical product—buyers must regard all sellers' products as equivalent. 3. Firms and resources must be fully mobile, allowing free entry into and exit from the industry.
Business
1 answer:
iren [92.7K]4 years ago
4 0

Answer:

A Perfectly competitive market

Explanation:

To answer the question above, the model of competitive market is called A Perfectly competitive market.

A perfectly competitive market is a hypothetical market where competition is at it's greatest possible level. Neo-classical economist argued that perfect competition would produce the best possible outcomes for consumers, and society.

An industry structure in which there are many firms, none large enough to influence the industry, producing homogeneous products. Firms are price takers. There are no barriers to entry . Agriculture comes close to being perfectly competitive.

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A person has taken a loan of $6000.00 for a fixed annual interest rate of 6% for 5 years with no down payment. the monthly payme
Ilia_Sergeevich [38]
The formula for calculating the uniform monthly payments is as follows:
A=\frac{P(i*(1+i)^{n})}{(1+i)^{n}-1}
where 
P=amount borrowed=6000
i=monthly interest, equals APR/12=0.06/12=0.005
n=number of periods/months (number of years * 12)=5*12=60

Here, substituting numerical values,
A=\frac{6000(0.005*(1+0.005)^{60})}{(1+0.005)^{60}-1}
=$115.997
=$116.00 (to the nearest cent)

8 0
3 years ago
A couple has been recently married, both for the second time. They are both age 40, and each has 2 kids from their prior marriag
nydimaria [60]

The account should be opened as Joint Account With Tenants In Common.

<h3>Joint Account With Tenants In Common</h3>

in these Joint accounts with tenants in common A Totten Trust is a payable on death bank account. Such an account allows the owner to leave funds to a named beneficiary (or beneficiaries), avoiding probate. The only problem is that it can't be used for brokerage accounts - it is only for bank accounts. To accomplish what the couple wants requires that a joint account be set up as tenants in common, with the percentage ownership split between the husband and wife. Then the husband must have his own will, leaving his share to his natural children; and the wife must have her own will, leaving her share to her natural children.

If an account is opened as a Joint Account with Tenants in Common, there is a specified ownership percentage for each tenant. Upon death of 1 tenant, that person's percentage goes to his or her estate, is passed by will and must go through probate (where someone could contest the transfer).

Learn more about Joint account with tenants in common here :

brainly.com/question/14998321

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8 0
2 years ago
Question Content AreaTraditional manufacturing emphasizes all of the following except a.push manufacturing b.team oriented emplo
Naya [18.7K]

Traditional manufacturing emphasizes all of the following except push manufacturing

In traditional manufacturing, there are four basic subtractive manufacturing processes: CNC Machining, Injection Moulding, Plastic Forming, and Plastic Joining. In contrast, 3D printing is an additive manufacturing process that builds up material layer by layer until the desired thing is formed.

A push system in manufacturing describes a business's production of items in response to anticipated demand. Making products that have a minimal likelihood of unanticipated demand changes, such as food, pharmaceuticals, household chemicals, electronics, etc., using this method is also known as "make-to-stock production."

Learn more about traditional manufacturing here brainly.com/question/15171572

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6 0
2 years ago
No pmbok consta que um projeto com qualidade é aquele concluído em conformidade com requisitos e especificações e adequações de
JulijaS [17]

Explanation:

As três etapas do processo de gerenciamento de qualidade em um projeto de acordo com o pmbok são:

1- Planejamento

2- Garantia

3- Controle de qualidade

Essas etapas integradas são essenciais para que um projeto seja executado de maneira eficaz.

O gerenciamento de qualidade, irá garantir que o andamento do projeto flua conforme o esperado, portanto o planejamento é necessário, para que sejam traçadas as ações estratégicas que irão compreender o projeto visando a sua qualidade.

A garantia e o controle de qualidade são duas etapas relacionadas, pois a partir do controle e monitoramento do cumprimento das ações que levarão a qualidade, é possível alcançar a garantia da eficácia do projeto.

4 0
3 years ago
6x²+x-28<br><br><br>solve this everyone​
barxatty [35]

Answer:

x = 2.0785  and  x = -2.245

Explanation:

The following is the step by step solution to the problem.

6x² + x - 28 = 0

Where,

a = 6

b = 1

c = -28

Using the formula,

x = [(-b + √((b)² - 4ac)) /  2a] and x =  [(-b - √((b)² - 4ac)) /  2a]

x = [(-1 + √((1)² - 4(6)(-28))) /  2(6)] and x =  [(-1 - √((1)² - 4(6)(-28))) /  2(6)]

x = [(-1 + 25.94) / 12   and   x = [(-1 - 25.94) / 12

x = 2.0785  and  x = -2.245

8 0
3 years ago
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