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
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.

You might be interested in
A store buys an item for $50 and marks it up 100%. What is the price?
rosijanka [135]
The price of the item is $100. They are doubling the price.
6 0
3 years ago
What are six steps in developing your brand's marketing message?
Sveta_85 [38]

Here are Six essential steps for developing consistent brand messages.

1.      Get your facts straight – Do your homework.  Make sure that the messages are accurate, grounded in data.

2.      Remember Context is important – Does each message fit the strategy and mission of the organization, product or service? Don’t use gratuitous statements just because they may be popular at the time.  For example who wouldn’t want to be green right now?  Don’t just say you are green, if you chose to say it make sure it is accurate.

3.      Create clear compelling rationale for the messaging strategy.  When possible support the rationale with insights or other data.

4.      Connect the stakeholders – Make sure the messages, promises, and benefits are appropriately vetted through the organization to ensure that all stakeholders are aware and able to deliver on any direct or implied promises to the consumer.

5.      Test it.  Show the copy or concept to unbiased target audience members.  Are there subtle nuances you didn’t anticipate?  It’s easy for marketers to assume the audience

6.      Solicit feedback from touch points within the organization.  For example customer service centers, front line staff etc.  Use the feedback to improve future communications.

4 0
3 years ago
Four companies computed their days' sales in inventory as follows: Company A: 47.2 Company B: 36.5 Company C: 45.1 Company D: 39
Leviafan [203]

The most efficient and effective in managing its inventory is Company B.

<h3>Who is the most efficient?</h3>

The days' sales in inventory  is a financial ratio that measures the rate at which a firm is able to sell its inventory in a given year. The lower the ratio, the more efficient a firm is in selling its inventory.

Days' sales in inventory = number of days in a period / inventory turnover

Inventory turnover =  cost of goods sold / average inventory

To learn more about financial ratios, please check: brainly.com/question/26092288

#SPJ1

7 0
2 years ago
Which of the following is not true concerning the usage of public land. a. Public land is managed by federal and state agencies.
tekilochka [14]

Answer: The correct answer is "b. Unprotected lands exist inside federal parks.".

Explanation: The statement "Unprotected lands exist inside federal parks" is NOT TRUE concerning the usage of public land because there are no unprotected lands within federal parks.

5 0
3 years ago
Read 2 more answers
In order for the us to keep up with the advancements of other countries, __________ was created to lead computing research, whic
Elena L [17]

In order for us to keep up with the advancements of other countries, ARPA was created to lead computing research, which then led to the creation of the first wide area network.

This is further explained below.

<h3>What is a wide area network.?</h3>

Generally, A telecommunications network that is spread out across a vast geographical region is known as a wide area network (WAN). Frequently, leased telecommunication circuits are utilized in the process of establishing wide area networks.

In conclusion, ARPA was established to take charge of computer research so that the United States could keep up with the technological achievements of other nations.

This eventually resulted in the development of the very first wide area network.

Read more about the wide area network.

brainly.com/question/1167985

#SPJ1

3 0
1 year ago
Other questions:
  • The balance in the prepaid insurance account, before adjustment at the end of the year, is $18,290. The year end is March 31. Jo
    9·1 answer
  • Problem 11-1 Jain Mart is to depreciate an asset bought for $500,000 using the SOYD method over a life of 8 years. If the deprec
    14·1 answer
  • What alternatives did some employers use to lessen the impact of the change on their bottom line? (List at least three.)
    6·1 answer
  • Amy, Allyson, and Kelly work in different teams at Oaktown Powersports. Amy's team ensures that all the raw materials, machinery
    13·1 answer
  • Match the following terms to the correct definition. A measure of process output divided by input that helps us determine the ef
    12·1 answer
  • Write a memo to management detailing the various classification of costs and provide two reasons for which it is important to cl
    5·1 answer
  • Compare the types of team with the characteristics of successful team and affective team
    11·1 answer
  • ading Quiz 10: True or False: When choosing a loss leader, you should choose a product that customers buy often.​
    7·1 answer
  • Explain how we derive the supply curve for an individual firm
    14·1 answer
  • As used in the text, the term environment means all the forces influencing the life and development of the firm.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!