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
rodikova [14]
3 years ago
8

Price taking behavior for a firm means that:

Business
1 answer:
erma4kov [3.2K]3 years ago
5 0

Answer:

d. the firm has no individual effect on the market price.            

Explanation:

Price taker -

It refers to the company or an individual who need to get the prevailing price of the market and have lesser market share , is referred to as price taker .

The price taker does not have the capability to alter the market price , because it does not have enough power to do the same .

A price taker can be any one in the economy , and can freely take entry and exit .  

Hence, from the given information of the question,  

The correct option is d.

You might be interested in
Can a trend serve as a business opportunity?<br> A.)True<br> B.)False
Anarel [89]

Answer:

A. True

Explanation:

It can hop on the trend to seem appealing. Ex: in the early 2000s, crop tops where a trend, so businesses where all making shirts that are crop tops so people would buy them.

8 0
1 year ago
In September, Jeanette Company purchased materials costing $34,400 and incurred direct labor cost of $22,100. Manufacturing over
DedPeter [7]

Answer:

a. $34,900

Explanation:

The computation of the cost of direct material used is shown below:

= Opening balance of raw material + purchased materials - ending balance of raw material

= $10,300 + $34,400 - $9,800

= $34,900

Hence, the correct option is a.

7 0
3 years ago
A pharmaceutical company announces that it has received Food &amp; Drug Administration (FDA) approval for a new allergy drug tha
Natali [406]

Answer:

b. The stock price will not change, because the market had already incorporated the information about the FDA approval announcement in the stock price.

Explanation:

If the markets are strong form efficient, it means the consensus of the market related to future impact of FDA approval on earnings would be correct, the stock price of today correctly estimates the future earnings, and therefore the stock price would not change when the earnings are released.

3 0
2 years ago
Both power distance and femininity are negatively related to the Environmental Sustainability Index.
cricket20 [7]

Both power distance and femininity are negatively related to the Environmental Sustainability Index. False

<h3>What is Environmental Sustainability?</h3>

Environmental sustainability is described as appropriate contact with the environment that promotes long-term environmental quality while preventing resource depletion or degradation. Environmental sustainability is a method that makes it possible to meet the requirements of the current generation without endangering the ability of future generations to do the same.

The power of the natural environment to renew itself and maintain its viability is really amazing when viewed in that light. For instance, when a tree falls, its decomposition enriches the earth with nutrients. These nutrients provide the right environment so that subsequent saplings can thrive.

Nature has a great capacity to take care of itself when left alone.

To learn more about Environmental Sustainability from the given link:

brainly.com/question/25965560

#SPJ4

8 0
1 year ago
Factors that must be considered before starting up a business ?
miv72 [106K]

Answer:

factors that must be considered before starting business are:

Explanation:

1)capital

2)raw materials

3) enough knowledge about things

4)market

5)skilled manpower

4 0
3 years ago
Read 2 more answers
Other questions:
  • Alliance Products purchased equipment that cost $120,000. It had an estimated useful life of four years and no residual value. T
    9·1 answer
  • Is the free-market quantity of public goods generally greater or less than the efficient quantity?
    10·1 answer
  • Using policy to stabilize the economy The government has the ability to influence the level of output in the short run using mon
    13·1 answer
  • Suppose the price of a bag of jelly beans rises from $1.60 to $2.00, with the result that sales of jelly beans falls from 120 ba
    10·1 answer
  • What is artificial selection
    15·2 answers
  • Paul began his speech as follows: they called lou gehrig the iron horse. this tireless worker played an astounding 2,130 consecu
    9·1 answer
  • A five-year security was purchased two years ago by an investor who plans to resell it. The security will be sold by the investo
    12·1 answer
  • Adriana only buys doighnuts from her favorite local doughnut shop. what type of good is it?
    8·1 answer
  • After a loan is sold in the secondary market, the originating lender may be required to repurchase the loan due to
    11·1 answer
  • What is the price and quantity for this natural monopolist under fair return pricing?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!