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blagie [28]
3 years ago
5

Identical products, as well as a large number of buyers and sellers, are characteristics of a market. In such markets, sellers o

f goods influence the prevailing market price, giving them the role of price in the market. True or False: The market for tomatoes exhibits the two primary characteristics that define perfectly competitive markets. True
Business
1 answer:
telo118 [61]3 years ago
5 0

Answer:

False.

Explanation:

This statement is false, because perfectly competitive markets are those where there are a variety of buyers and sellers available, which may mean that there are similar products on the market, but sellers are not able to influence the market price, which what happens in a perfectly competitive market is that companies are the price takers, they do not have the power to influence the price, since there are a large number of competitors and each one has a share in the market, since the products offered are little differentiated and there are no barriers to market entry.

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dalvyx [7]
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b-d are not only wrong, but very poor strategies in general.
8 0
3 years ago
You are the General Manager of a regional chemical company. In the course of producing your bulk chemicals, large amount of part
34kurt

Answer:

The answer is explained below

Explanation:

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5 0
3 years ago
Which of the following explains why a recipe is considered an algorithm?
Len [333]

Answer:

the dish created by a recipe is the same each time it is followed properly

Explanation:

6 0
3 years ago
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Vlada [557]

Answer:

Please consider the following explanation.

Explanation:

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8 0
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Dafna1 [17]

Answer and Explanation:

The journal entry is shown below

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(Being the cash received is recorded)

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