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
Ira Lisetskai [31]
3 years ago
14

Which of the following statements best reflects a price-taking firm?A. The firm can sell only a limited amount of output at the

market price before the market price will fall.B. Price-taking firms maximize profits by charging a price above marginal cost.C. If the firm were to charge more than the going price, it would sell none of its goods.
Social Studies
1 answer:
Taya2010 [7]3 years ago
3 0

Answer:

C. If the firm were to charge more than the going price, it would sell none of its goods.

Explanation:

A price-taker firm is defined as an individual company which must accept the prevailing prices in the market, lacking a market share to influence the market price on its own.

If a company is considered as a price taker in the competitive market, it does not have the power to influence the present market price by the quantity of the products it produces.

Thus if a price taking firm can charge more for a product than the going market price, then it would not sell its products.

Hence the correct option is (C).

You might be interested in
Most local elections in the United States are nonpartisan, meaning a
Travka [436]

Municipal election frameworks are dictated by the idea of the board individuals' voting public and by the nearness or nonattendance of gathering marks on the ballot. The nonappearance of gathering names confounds voters; a voter who must look over among a gathering of up-and-comers whom the person thinks nothing about will have no significant premise in throwing a polling form.

Non-partisanship will, in general, produce authorities more agents of the upper financial strata than of the general people and irritated the class inclination in casting a ballot turnout.

4 0
3 years ago
The authorial voice is best defined as __________.
dezoksy [38]

The voice authors used when they seeming talk for themselves
4 0
3 years ago
Read 2 more answers
Cookie Monster has an intense urge to consume cookies, even when doing so is irrational and maladaptive. Eating cookies gives Co
timama [110]

Answer:

id

Explanation:

Cookie Monster has an intense urge to consume cookies, even when doing so is irrational and maladaptive. Eating cookies gives Cookie Monster a great source of pleasure and satisfaction. Freud would say that his behavior reflects the fact that Cookie Monster is ruled by his ____id___.

As indicated by Sigmund Freud's psychoanalytic hypothesis of character, the id is the character part made up of oblivious mystic vitality that attempts to fulfill essential urges, needs, and wants. The id works dependent on the delight standard, which requests prompt satisfaction of requirements.

In this case, by eating cookies, Cookie Monster  satisfies his desire of consuming them and takes pleasure and satisfaction.

6 0
3 years ago
_________ _________ has been found to negatively impact academic interests in both girls and young women.
Dmitrij [34]
Athlethics has<span> been found to negatively impact academic interests in both girls and young women.

current curriculum in schools includes P.E in overall grading factors. The thing is, this specific class only attract the majority of male students and they also naturally better at it.</span>
7 0
3 years ago
Read 2 more answers
When Columbus reached land why did he refer to people he encountered as Indians ? A)he thought they were savages B)he got though
blagie [28]
B) he though the landed off the coast of India because
he thought he could do that by moving west around the earth to India from europe.
6 0
3 years ago
Read 2 more answers
Other questions:
  • Who hates life pls answer
    15·2 answers
  • Davis defaulted on his mortgage and the lender began foreclosure proceedings. At the foreclosure sale Davis's house was sold for
    14·1 answer
  • Which statement BEST describes the trade relationship between the United States and Japan in the last decade of the 20th century
    14·2 answers
  • "which stage of cognitive development involves replacing intuitive reasoning with logical reasoning in concrete situations?"
    12·1 answer
  • The majority of the proposed reforms to the current electoral college system
    6·1 answer
  • On the world map above, which hemisphere is highlighted?
    10·2 answers
  • Personal financial statements are a good way of measuring our current finances and giving us information about our financial act
    8·2 answers
  • I NEED HELP WITH THIS ASAP!!! PLZZZ
    6·2 answers
  • Any idea on this please help
    6·1 answer
  • PLEASE I BEG YOU HELP!Whats the worlds smallest country?
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!