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attashe74 [19]
3 years ago
11

There are more than 20 stores on the same street that specialize in selling the same quality and brand of wheat products. An ind

ividual seller cannot charge more than the going rate without risk of losing business to other stores. What type of market does this exemplify?
Business
1 answer:
Umnica [9.8K]3 years ago
3 0

Answer:

Pure competition

Explanation:

  • Pure competition is a market structure in which many competitors sell many similar products. Due to high competition, market prices will fall. Pure competition is also called full competition. Other characteristics of pure competition.
  • There are many buyers and many sellers for market information
  • There are no entry and exit barriers in the market
  • Companies sell homogeneous products
  • Firms cannot affect market value. Companies are price takers.
  • Production units are identical and operate independently.

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In which type of economy is a business owner most likely to benefit from free<br> enterprise?
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Most likely would be a democratic system.
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Ric wants to invest in government securities that promise to pay $1,000 at maturity. The opportunity cost (interest rate) of hol
lutik1710 [3]

Answer: An investment that matures in five years

Explanation:

Both investments may be of equal risks, but by virtue of having different maturity dates, they will not be priced the same.

This is because the discount rate (opportunity cost) will discount the maturity value more the longer the investment is such that the present value is lower.

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3 years ago
Cheizza, a pizza vendor in the country of Wisbane, believes that the taste of fresh cheese in its pizzas is its unique selling p
AlladinOne [14]

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Explanation:

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We know that cheese is made up from milk and milk is used as an input for the production of cheese. But milk is a raw material and limited in quantity to meet this demand.

Cheizza also knows that cheese is used in the pizzas, hence, if there is any changes in the supply of cheese, as a result it directly affects the demand for pizzas.

Therefore, there is a scarcity of resources in the form of milk.

6 0
3 years ago
Read 2 more answers
Alpha Computing is a U.S. company that specializes in IT research. It has formed a joint venture with Microchips Inc., a Belgium
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Answer:

The correct answer is option A,strategic alliance

Explanation:

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In this case,Alpha as the leader in laptop designing  is combining resources with another technological giant Microchips Inc. in order that they may complement each other's efforts.The synergy impact of such arrangement is enormous as each partner concentrates on what he knows best.

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