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
liraira [26]
3 years ago
11

Contestable markets true or false: if a firm is operating in a contestable market, it should operate at the efficient production

level and earn zero profit. true false the contestable market model has important policy implications. if there is concern that a market is not sufficiently competitive, what can policymakers do to increase competition in a given industry
Business
1 answer:
vlada-n [284]3 years ago
6 0
The answer is true. The contestable market is a market in which the expenses of section and exit are low, so there is a little hazard to another firm from entering. The risk of passage will train firms such that it should constrain them to create at an effective level and accuse a value reliable of zero benefits.
You might be interested in
Why might complaints of age discrimination grow when the economy is slow? companies work very hard to retain their best talent i
siniylev [52]

Companies may try to lower their labor costs by laying off higher paid workers.

Typically the higher paid workers will be professionals who have worked their way up over time and tend to be older, while younger workers fresh out of school and looking for their first jobs will be more willing to take lower salaries.

5 0
3 years ago
Lina wants to be a lawyer for her future career. Which extracurricular activity would be the most helpful? teacher’s aide marchi
Aleksandr [31]
I believe your answer would be C. Speech and Debate. Being a lawyer requires lots of debate, and speech to support your answer and make it more clear. 
3 0
4 years ago
Read 2 more answers
Name five functions of the BBBEE Commission
spin [16.1K]

The functions of the BBBEE Commission or the Broad-Based Black Economic Empowerment according to the DTI of South Africa are:

1.       Advise the government on black economic empowerment

2.       Review progress in achieving black economic empowerment

3.       Advise on draft transformation charters

4.       Facilitate partnerships between organs of state and the private sector 

7 0
3 years ago
The inspection of meat delivered from chicago to new york is the responsibility of
Misha Larkins [42]
The United States president Donald trump
6 0
4 years ago
XYZ Company makes one product and has calculated the following amounts for direct labor: AH x AR = $84,000; AH x SR = $83,000; S
Molodets [167]

Based on the various cost rates and hours for XYZ Company, the labor efficiency variance is $2,000 unfavorable

<h3>What is the labor efficiency variance?</h3>

This can be found as:

= (Actual hours x Standard rate) - (Standard hours x Standard rate)

Solving gives:

= 83,000 - 85,000

= $2,000 unfavorable

Find out more on the labor efficiency variance at brainly.com/question/27404735

#SPJ1

5 0
2 years ago
Other questions:
  • Danielle is a 74-year-old widow, lives alone in the home she has had for over 40 years, and has become something of a packrat. s
    14·1 answer
  • The following account balances were taken from the adjusted trial balance for Laser Messenger Service, a delivery service firm,
    13·1 answer
  • Factory Overhead Cost Budget Budget that estimates the cost for each item of factory overhead needed to support budgeted product
    5·1 answer
  • How should the organization keep track of the number of candy bars ordered and the number sold​
    11·1 answer
  • Sleep master, inc. manufactures bedding sets. the budgeted production is for 57,000 comforters in 2013. each comforter requires
    9·1 answer
  • Which describes a benefit from government regulation of a natural monopoly?
    12·1 answer
  • What type of budget is used to forecast income and expense for ongoing business operations?
    9·1 answer
  • Which of the following is unlikely to be a primary building block in a company's organizational structure?
    11·1 answer
  • Which of the following statements are TRUE about credit cards? I. When you use a credit card, the money comes directly out of yo
    6·1 answer
  • Why it it not working the app?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!