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4 years ago

What necessary condition for the presence of competition in a market?

Business

2 answers:

Lady_Fox [76]4 years ago

6 0

Answer: See explanation below.

Explanation: The following are necessary conditions for competition in a market.

1. There are many firms that produce identical products or services. This will foster competition among the firms.

2. There and many buyers available to buy a particular product or service, and there are also many sellers who are ready to sell a product or service.

3. Free entry and free exit of the market. This means that there a little or no restrictions for entering or leaving a market. Firms can come and go as they please.

4. Presence of relevant information to buyers and sellers in order that they might make rational buying and selling decisions, especially information about price.

5. There is little or no government regulation.

Arlecino [84]4 years ago

3 0

Answer:

There are several conditions which are required for there to be a perfect competition in a market or economy.

Let me highlight those, there should be many firms in the market which have identical product offerings with not so variable prices. Secondly, the size of the firms on the market should not be big in terms of its sales. Thirdly, the market forces determine the demand and supply in the market. Fourthly, firms should be able to easily enter and exit the market as per their will. Lastly, there are a number of sellers and buyers in the market for a particular product.

Hope this helps you.

Good Luck.

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Investment X offers to pay you $7,100 per year for 9 years, whereas Investment Y offers to pay you $9,700 per year for 5 years.

Dmitry_Shevchenko [17]

Answer:

NPV X 44352,90

NPV Y 38729,29

NPV X 28619,86

NPV Y 29008,94

Explanation:

To get the present value of each cash flow we use excel or spreadsheets.

File is attached with the comparison of both investments.

Investment X

Net Present Value (NPV) 44353 (Interest rate 8%)

Net Present Value (NPV) 28620 (Interest rate 20%)

Investment Y

Net Present Value (NPV) 38729 (Interest rate 8%)

Net Present Value (NPV) 29009 (Interest rate 20%)

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3 years ago

To find all mentions of your competitor's branded hashtag within a given radius of a store you've opened up in a new city, you s

Alenkasestr [34]

To find all mentions of your competitor's branded hashtag within a given radius of a store you've opened up in a new city, you should set up a geo-search stream. When you set up the geo-search stream, have it filter the hashtag and the desired radios around the stores you wish to track. Tracking this will allow the company to have more insights on their competitors.

3 0

4 years ago

Does increasing average payment period decrease operating cycle

Aleksandr-060686 [28]

Yes , the increasing average payment period decreases the operating cycle

All small business owners know the importance of liquidity-have enough cash on hand to pay the bills. For this reason, business owners and managers monitor the cash conversion cycle. This shows how quickly companies are moving from paying inventory to receiving cash for sold inventory. An important factor in calculating a company's cash conversion cycle is the accounts payable period. The longer the period, the shorter the cycle.

The cash conversion cycle can be calculated using the data readily available on the company's balance sheet and income statement. It has three components. "Inventory days". On average, it indicates how long a product remains in stock before it is sold. "Accounts receivable days" or A / R days. This shows how long it takes a customer to pay an invoice. "Vendor date" or A / P date.

Learn more about Business here: brainly.com/question/24448358

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3 0

2 years ago

Investor owns 30% of Investee and applies the equity method. In 2020, Investor sells merchandise costing $240,000 to Investee fo

Ira Lisetskai [31]

Answer:

We should eliminate 3,000 revenue for this sale as is considered intra-entity therefore, there is no gain realized.

Explanation:

The transactions intra-entity should be eliminated.

We should eliminate the revenue from the goods that are still in the inventory of the investee.

inventory sold: 300,000

remaining inventory: 50,000

remaining goods 50,000/300,000 = 1/6

Then, total revenue: 300,000 - 240,000 = 60,000

1/6 of this revenue is still in the investee 60,000 x 1/6 = 10,000

then we should eliminate the percentage of ownership we got on the investee

30% of this belong to the investor so it should be eliminated while the other 70% is kept.

10,000 x 30% = 3,000

5 0

3 years ago

HMO coverage has much more flexibility than PPO coverage. Please select the best answer from the choices provided. T F

Rus_ich [418]

It is a completely false statement that HMO coverage has much more flexibility than PPO coverage. The correct option among the two options that are given in the question is the second option. I hope that this is the answer that you were looking for and the answer has actually come to your help.

6 0

4 years ago

Read 2 more answers