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
vovangra [49]
4 years ago
6

How does competition affect markets?​

Business
2 answers:
777dan777 [17]4 years ago
6 0

Answer:

money and price of double of items

Explanation:

it effects the price within the menu and items too

think of it being the "Krusty Krab" and the "Chum Bucket"

4vir4ik [10]4 years ago
4 0

Answer:

Not only does the demand of consumers for the product affect price, but so does the relationship among the different producers of the product. Competition among sellers usually deals with who has the best price. Greater competition among sellers results in a lower product market price.

Explanation:

You might be interested in
Select the correct answers.
Thepotemich [5.8K]

Answer:

the correct answers are,

  1. safety
  2. liquidity

Explanation:

saving money does not include much risk and is not affected by market volatility and prices. Most of the time, the savings' are guaranteed by the banks and governments through various securities.

Also, money in savings are easy to get back for your use!

3 0
4 years ago
Read 2 more answers
Sandra, George, Jose, and Antwan are working on a project for a customer that is aimed at cutting the client's utility costs. Th
Maksim231197 [3]

Answer:

Virtual organization

Explanation:

A virtual organization or the business is the one which is defined as whose members are apart geographically, generally working through computer e- mail as well as groupware when appearing to others which is to be unified, single company with the real location physically.

In short, it is the permanent or temporary collection of the geographically dispersed groups, company, entire or individual units which ground on the electronic linking so that to complete the process of production.

So, in this case, the workgroup working on e-mail, phone and collaborative computing in order to complete the project. Therefore, it is an example of virtual organization or company.

5 0
3 years ago
An office management firm has developed a system for efficiently organizing small medical and dental practices both through prop
Olegator [25]

Answer:

The answer is option C.  achieve economies of scope.

Explanation:

An Economies of scope is a  proportionate saving gained by producing two or more distinct goods, when the cost of doing so is less than that of producing each separately.  

Based on the scenario portrayed in the question, the office management firm is hoping to achieve economies of scope.

6 0
3 years ago
Read 2 more answers
The Chicago Tribune's published article about BP led to Select one: a. an increase in BP's stock price b. protests c. the positi
never [62]

Answer:

B) Protests

Explanation:

5 0
3 years ago
Chris and Jordan are a two-person household. Chris's market hourly wage is $40, but Chris can also produce $20 of household prod
andrezito [222]

Answer:

A. Jordan specializes in household production, while Chris specializes in marketplace work.

Explanation:

Chris and Jordan both can work for their household. The best way is to achieve maximum utility by using the combination of their skills. Chris can go for household work and Jordan can go for marketplace work. They both can use combination of their specialization to achieve maximum utility.

6 0
3 years ago
Other questions:
  • You reflect on your meeting with the midwestern division manager, and you think part of the problem has to do with goals. what c
    10·1 answer
  • Journalize the following five transactions for Nexium & Associates, Inc. Omit explanations.
    13·2 answers
  • Elena is the senior manager of a scientific operations team at a well-known clinical research organization. The organization del
    8·1 answer
  • __________ is a direct lobbying technique used by interest groups to influence public policy.
    15·2 answers
  • The following selected accounts appear in the adjusted trial balance for Deane Company. Indicate the financial statement on whic
    7·1 answer
  • The company wants to increase the capacity of the plant by 500,000 units at a fixed cost of $2 million. The fixed cost will be i
    13·1 answer
  • On March 18, James Smith purchased $5,000 of furniture from Home Furnishings on account. The cost of the goods was $3,000. On Ma
    11·1 answer
  • The practice of giving employees a high degree of control over their work, from planning and organization, through implementing
    14·1 answer
  • Batson Company produces Trivets. Based on its master budget, the company should produce 1,000 Trivets each month, working 2,500
    8·1 answer
  • What does reconciling an account involve? checking one's financial records against the bank’s making sure a paycheck arrives on
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!