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Elena-2011 [213]
3 years ago
12

Both buyers and sellers are price takers in a perfectly competitive market because

Business
1 answer:
Paladinen [302]3 years ago
7 0

Answer:

The price is determined by government intervention and dictated to buyers anti sellers each buyer and teller knows it it illegal to conspire to affect price.

Explanation:

A perfectly competitive firm is a price taker, which implies that it must acknowledge the equilibrium price at which it sells products. In the event that a perfectly competitive firm attempts to charge even a modest sum more than the market price, it will be not able make any sales.

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According to classical macroeconomic theory, changes in the money supply affect:_______.
Ivahew [28]

Answer:

Option A. real GDP and the price level.

Explanation:

Option “A” is correct because the change in money supply (say increase) will decrease the interest rate and that will result in an increase in investment and more investment will generate more jobs and more money in consumers’ hands. Thus, they will stimulate the spending and aggregate demand will increase. Resulting in the rise in price and rise in real GDP. therefore, option A is right.

6 0
3 years ago
A disadvantage of the corporate form of business entity is
lapo4ka [179]

Answer:

A disadvantage of the corporate form of business entity is corporations are subject to more governmental regulations.

3 0
3 years ago
When companies try to entice customers to make purchases by offering special incentives or excitement-building programs, includi
stealth61 [152]

Answer:

<em>Sales Promotion</em>

Explanation:

The method of order to persuade a potential client to purchase the product is sales promotion.

Sales promotion is meant to be used as a short-term tool to boost sales – as a means of creating long-term customer loyalty, it is rarely acceptable.

Many offers for sales are intended for customers.

5 0
3 years ago
Should a company pursue an unrelated diversification strategy, the types of companies that make particularly attractive acquisit
Vlada [557]

Many companies avoid unrelated diversification as a general business rule because of the lack of synergy that exists. When you have related diversity, you can more easily integrate your company brand, philosophies, resources, and partnerships to take full advantage.

<h3>Why would a company use unrelated diversification?</h3>

The benefits of unrelated diversification are rooted in two conditions:

(1) increased efficiency in cash management and in the allocation of investment capital and

(2) the capability to call on profitable, low-growth businesses to provide the cash flow for high-growth businesses that require significant infusions of cash.

To learn more about diversification visit the link

brainly.com/question/15259776

#SPJ4

5 0
1 year ago
The lesson of __________ is to forget about the money that's irretrievably gone and instead to focus on the marginal costs and b
kotykmax [81]

The lesson of sunk costs is to forget about the money that's irretrievably gone and instead to focus on the marginal costs and benefits of future options. A sunk cost is a cost that happened during the manufacturing of something else and there is no way to recover that money back if the item or service fails. These costs will happen no matter the decision or outcome of a situation so most companies do not factor in sunk costs.

6 0
3 years ago
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