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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

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Alpha Corporation reported the following data for its most recent year: sales, $700,000; variable expenses, $490,000; and fixed
Arlecino [84]

Answer:

3

Explanation:

The computation of the degree of operating leverage is shown below:

= (Sales - Variable expense) ÷ (Sales - Variable expense - Fixed expense)

= ($700,000 - $490,000) ÷ ($700,000 - $490,000 - $140,000)

= $210,000 ÷ $70,000

= 3

The (Sales - Variable costs) = Contribution margin

The  (Sales - Variable costs - Fixed costs) = EBIT i.e Earnings before interest and taxes

6 0
3 years ago
Olde manufacturing, a parts supplier to the auto industry, has been using the behavioral approach to management for over 100 yea
allochka39001 [22]

<u>The answer is "False".</u>


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5 0
3 years ago
The growing demand for biofuels in the U.S. that has led to a growing supply of soybeans from Brazil is an example of all of the
Annette [7]

Answer:

Localized economics

Explanation:

Localized economics :

Localisation implies the grouping of a specific industry in a specific region, region or area. Localisation is identified with the regional division of work, that is, specialization by regions or areas.  

A specific town or district will in general have practical experience in the creation of a specific item.  

These are benefits for a firm got from the nearness of firms having a place with a similar industry in a region. Urbanization economies are those advantages acquired by a firm emerging from the size of a region and the decent variety of its economy.

5 0
3 years ago
Suppose all of the banks in the Federal Reserve System have $100 billion in transactions accounts, the required reserve ratio is
ki77a [65]

Answer:

$25 billion

Explanation:

The difference between a 0.25 reserve ration and a 0.20 reserve ratio is 0.05, which represents $5 billion in available money (= 0.05 x $100 billion).

If the total bank reserves is $100 billion, and the reserve ratio is 0.20, the money multiplier = 1 / 0.20 = 5.

If the banks have $5 billion available for loans and the new money multiplier = 5, then the lending capacity of the banking system will increase by $25 billion (= $5 billion available x money multiplier).

7 0
3 years ago
What accounted for the tremendous rise in the profits of the american financial industry, from less than 10 percent of total bus
dolphi86 [110]
<span>Financial deregulation was a big part of why profits soared during these years. With businesses feeling as if they had more freedom to use their profits as they saw fit, they were able to increase technology, innovation, and therefore, their overall profit margins, instead of having to use those profits for tax purposes.</span>
6 0
3 years ago
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