1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
igomit [66]
3 years ago
5

Assume that the market for chocolates is perfectly competitive. Which of the following statements would be true in this​ case? A

. Jill starts to produce chocolates​ today, but the addition of her supply into the market does not decrease the market price. B. Terry uses soy milk for producing his​ chocolates, while Donna uses almond milk for producing hers. C. ​Jessica, a chocolate​ seller, sometimes sets her price lower or higher than the price at which other sellers sell their chocolates. D. Pam wants to produce chocolates but she is unable to as Roy controls all the cocoa farms in the region.
Business
1 answer:
Burka [1]3 years ago
4 0

Answer:  Option A                      

Explanation: In simple words, perfect competition refers to market structure in which there are large number of participants each operating at  small level.

The prices of commodities in such markets are determined by the forces of demand and supply as no individual participant is able to influence the price on his or her own.

Thus, the statement depicting Jill not able to decrease price even after increase ins supply depicts perfect completion.

                           

You might be interested in
How do economists calculate GDP for one year using the expenditure approach?
never [62]

The expenditure method is the most widely used approach for estimating GDP, which is a measure of the economy's output produced within a country's borders irrespective of who owns the means to production. The GDP under this method is calculated by summing up all of the expenditures made on final goods and services.

3 0
3 years ago
What are various options to regulate monopolies in the United States? <br><br> I’ll give brainliest
Darya [45]

Answer:

ok I'll give you what I know monopolies are one business operating so try and use that

3 0
3 years ago
Read 2 more answers
The last step in the marketing process often includes: collecting the cash from sales to consumers. developing a written report
pochemuha

Answer: developing a written report to summarize the results of the period's marketing activities.

Explanation:

The last step in the marketing process often is developing a written report to summarize the results of the period's marketing activities.

Developing a written report to summarise the results of the marketing activities is necessary in order to evaluate the performance of the marketing activity and also learn from past mistakes which have previously affected the company.

These are vital in order to capture a good market share in the future and also achieve organizational goals.

6 0
3 years ago
True Taste's Restaurant and Catering serves delicious vegetarian and vegan dishes. So, when the local community became intereste
levacccp [35]
This would be D- an opportunity for True Taste to thrive in their community.
6 0
3 years ago
WILL MARK BRAINLIEST!
Morgarella [4.7K]

Answer:

Public relations specialists

Explanation:

Public relations specialists refer to individuals who develop and maintain the public image i.e. favorable for the company in which they present. Here the perception of the organization should be shape aslo it would be increase the awareness towards the work and goals

Therefore according to the given situation, the professional that is closely linked with the reputation of the company is public relations specialist

7 0
3 years ago
Other questions:
  • Many of the responsibilities associated with working in a professional sport organization, such as the National Football League
    7·1 answer
  • Business collected S6,600 rent in advance on July 1. Accountant record the journal entry for this collected amount on July 1. Th
    9·1 answer
  • Which of the following are generally true of all​ bonds? A. A fall in interest rates results in capital losses for bonds whose t
    8·1 answer
  • On January 2, 2018, Bonita Industries issued at par $2020000 of 5% convertible bonds. Each $1000 bond is convertible into 10 sha
    6·1 answer
  • Mr. Brown has a real estate company and two branch offices. He goes to the main office on Mondays and Fridays, one branch office
    13·1 answer
  • Riley Inc.'s charter authorizes 1,000 shares of stock at a stated value of $10 per share. Riley issues 50 shares of stock at its
    7·1 answer
  • When Motorola first entered the Mexican marketplace, the company wanted direct control of salespeople in major urban markets but
    12·1 answer
  • At April 30, Marigold Corp. has the following bank information: Cash balance per bank $5400 Outstanding checks $330 Deposits in
    5·1 answer
  • The common stock of RMW Inc. is selling at $88 a share. It just paid a dividend of $4. Investors expect a return of 15 percent o
    6·1 answer
  • a bond with a face value of $1,000 has 12 years until maturity, has a coupon rate of 5.4%, and sells for $1,087. what is the yie
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!