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
Fudgin [204]
3 years ago
9

Which of the following is characteristic of a competitive market?

Business
2 answers:
Anuta_ua [19.1K]3 years ago
6 0
D) efficiency is a characteristic of competitive market. because there are no transactions costs.
I am Lyosha [343]3 years ago
4 0

1. So that no individual can control the price

2. Markets with high startup costs are less likely to be perfect competitive.

3. Efficiency

4. An industry that runs best when one firm produces all the output.

5. Vacationers are willing to put up with the restrictions that the airline imposes.

your Welcome rate and thank me so others know my answers are right

You might be interested in
Vaughn’s Manufacturing Company can make 100 units of a necessary component part with the following costs: Direct Materials $1270
Margaret [11]

Answer:

Buy and save $2000

Explanation:

Vaughn’s Manufacturing Company

Differential Analysis

                                        Make                 Buy

Direct Materials           $127000

Direct Labor                  32000

Variable Overhead       44000

Fixed Overhead           30000           26000

<u>Purchasing Cost                                 $205000     </u>

<u>Total                             233,000           231,000</u>

From the above we see that the total costs to make are $ 233,000 and purchasing costs are $ 231,000. There's a difference of $ 2,000 so buying and saving $ 2000 is the correct option.

$ 26,000 ( 30000- 4000) are irrelevant costs that will continue whether the product is purchased or made.

6 0
3 years ago
What's microeconomy​
Dafna11 [192]

An example of microeconomics—the study of how individuals or individual businesses allocate resources—could be the way in which a family plans for a vacation to Disney World. ... In other words, microeconomics involves consideration of trade-offs.

is this what you were looking for?

3 0
4 years ago
Why can a price discriminating monopolist be both more profitable and more efficient (i.e., produce greater net benefits for soc
STatiana [176]

Answer:

The Correct answer is "Because it supplies a higher quantity of output than a single price monopolist"

Explanation:

A cost segregating monopolist charges distinctive cost to various gathering of shoppers based on their capacity to pay, which empower it to create higher amount than a non-separating monopolist.  Since it supplies a higher amount of yield than a solitary value monopolist.

3 0
3 years ago
Read 2 more answers
You are a rising star in the purchasing department at your company and you have recently been promoted to manager for business s
aalyn [17]

Answer:

E.

Explanation:

Based on the information provided within the question it can be said that you will be purchasing janitorial services. This is because from the description of your job tasks, you handle purchases of services. That being said the only service available to choose from the answers provided are janitorial services. Therefore it is the only option that falls into your job responsibilities.

3 0
4 years ago
Identify which type of sampling is​ used: random,​ systematic, convenience,​ stratified, or cluster. upper a radio station asks
Gnesinka [82]

Convenience sampling is used, because the population is taken from a sample that easy to reach

4 0
3 years ago
Other questions:
  • A customer has requested that Lewelling Corporation fill a special order for 2,600 units of product S47 for $31 a unit. While th
    5·1 answer
  • Carol, age 40, has an IRA with Blue Mutual Fund. Her balance in the fund is $150,000. She has heard good things about the manage
    8·1 answer
  • You believe you will need to have saved $590,000 by the time you retire in 30 years in order to live comfortably. If the interes
    7·2 answers
  • What is revision? (Apex)
    8·2 answers
  • A company developed the following per unit materials standards for its product: 3 pounds of direct materials at $5 per pound. If
    5·1 answer
  • Eric, the owner of a struggling business that supplies fresh product to restaurants, is faced with a decision that will mean eit
    13·2 answers
  • Is an internship required to be a dentist?
    5·1 answer
  • Which statement is false about the circular-flow diagram? A. Money flows in the direction opposite to goods and services and fac
    13·1 answer
  • Your uncle the banker offers to lend you $25,000 to start a new business. You will have to make a payment of $7,000 at the end o
    13·1 answer
  • the determination of whether a corporate director or officer has met her duty of care is measured in hindsight.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!