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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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A heavy snowstorm is predicted to occur in Boston on the same night as the city’s professional basketball team is playing a game
Jlenok [28]

Answer:

2

Explanation:

According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

If the price of the ticket is reduced, the quantity demanded would increase

If on the other hand, prices are increased, the quantity demanded would reduce.

3 0
3 years ago
When it comes to distribution what is the least expensive route when getting the product from the manufacture or farmer to the u
Nezavi [6.7K]
<h2>Direct distribution is one of the least expensive route to access customer directly</h2>

Explanation:

  • Direct distribution is one the method which does not involve any intermediaries.
  • They do not have dealers, sub-dealers, etc to reach the customer with the product.
  • Online shopping enables direct distribution
  • Since direct distribution does not involve intermediaries, it can reach customer more quickly and the cost is also less.
  • Whereas when the product is reached through indirect distribution, then we have to spend amount on transport to reach product to dealers, then dealers spend money to sub-dealer and so on.
5 0
3 years ago
The disagreements between Hamilton and Jefferson led to a revised Constitution. a reformed Congress. new cabinet members. new po
son4ous [18]

Answer:

new politacal parties

Explanation:

im taking the test right now

5 0
2 years ago
Read 2 more answers
Nadia stood outside the mall and asked people which stores they visited and if they bought anything. if they said yes, she asked
lana [24]
It was a survey i think
6 0
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What does the government do with the money it collects as taxes?
Bogdan [553]

The primary source of revenue for the U.S. government in 2022 become individual earnings Taxes. revenue accumulated by the U.S. government is used to fund an expansion of goods, programs, and services to assist the yankee public and pay hobby incurred from borrowing.

Taxes are mandatory contributions levied on individuals or organizations via a government entity—whether or not nearby, regional, or country wide. Tax revenues finance authorities sports, along with public works and offerings which includes roads and faculties, or programs including Social safety and Medicare.

All residents have to pay taxes, and with the aid of doing so, make contributions their honest percentage to the fitness of the authorities and countrywide economic system. The federal taxes you pay are utilized by the authorities to put money into technology and education, and to offer goods and services for the benefit of the american people.

Learn more about government Taxes here:

brainly.com/question/28412074

#SPJ4

4 0
1 year ago
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