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
dsp73
3 years ago
7

A perfectly competitive industry exists under which of the following conditions? I. The product sold is similar across firms. II

. There are many sellers, each small relative to the total market. III. There are many sellers, each with total assets less than $2 million. IV. The threat of competition exists from potential sellers that have not yet entered the market.
Business
1 answer:
Oksanka [162]3 years ago
3 0

Answer:

I, II, and IV only

Explanation:

  • A perfect competition is defined by an idealizing market and shows that the market will reach equilibrium.
  • The prevalence of the perfect competition needs a larger number of buyers and sellers, well defined property rights and homogenous products, profits maximization, rational buyers and no barriers to entry and exit.  
  • <u>An example of the agricultural markets as perfect competition, as there are numerous farmers that sell the same vegetables and fruits and have same prices. Another example is that of the foreign exchange markets was the trader's exchange currencies and sell identical goods.</u>
You might be interested in
Jamal is using a security classification guide (SCG) to assist in marking information from a source document. Which best describ
Viktor [21]

If Jamal is using a security classification guide (SCG) to assist in marking information from a source document. What describes Jamal's work is: Derivative Classification.

<h3>What is Derivative Classification?</h3>

Derivative Classification can be defined as the process of classifying security information or data so as to enable easy marking of information from the source document or source information.

Based on the information given jamal is making use of Derivative Classification as this will enable him to know whether the information in the document has been classified.

Therefore what describes Jamal's work is: Derivative Classification.

Learn more about Derivative Classification here: brainly.com/question/14294203

#SPJ1

3 0
2 years ago
You are stocking shelves when you notice that a large line has formed at the only open cash register. what will you do?
Sauron [17]
I will stop what I am doing to go open another cash register so things will move by quicker and customers won't get irritated
7 0
3 years ago
Read 2 more answers
Select the education or qualification that is best demonstrated in each example. Freda interviews a famous local athlete on a te
Usimov [2.4K]

Answer:

communication skills

bachelor's degree

planning and organizational skills

research skills

Explanation:

8 0
3 years ago
Suppose that the annual rate of returns on dollar deposits equals 2% and the rate of return on euro deposits is 1%. Furthermore,
Oliga [24]

Answer:

I should invest in dollar deposits.

Explanation:

Current exchange rate is 1 euro = $1.08

Assuming I have y euro, the equivalent in dollar is $1.08y

Rate of return on dollar deposit = 2% = 0.02

Return on investment = $1.08y + (0.02 × $1.08y) = $1.08y + $0.0216y = $1.1016y

Rate of return on euro deposit = 1% = 0.01

Return on investment = y euro + (0.01 × y euro) = y euro + 0.01 y euro = 1.01y euro = 1.01y × $1.08 = $1.0908y

I should invest in dollar deposits because the return on investment is greater than euro deposits.

5 0
3 years ago
Barry and his friends tended to favor a tuition increase that would be used to improve technological facilities. After discussin
swat32

Answer:

group polarization

Explanation:

Group polarization: In social psychology, the term "group polarization" is described as the propensity for a specific group to make a few decisions that are considered as more extreme as compared to the initial inclination of the group's members. However, group polarization occurs either in the direction of conservativeness or riskiness.

In the question above, the given statement represents group polarization.

8 0
3 years ago
Other questions:
  • Robert Bryan, Jr., earns $400 per week plus 3% of sales in excess of $7,000. If Robert sells $21,000, how much are his weekly ea
    14·2 answers
  • Imagine that you work at a store which sells computer components and you have been made the facilitator of a group whose long te
    9·2 answers
  • Ajax takes advantage of ________ scripting to make applications more responsive.
    15·1 answer
  • ______________ is appropriate for the initial web presence of an organization.
    12·1 answer
  • What government organization formed to enforce antitrust laws and to make sure the interests of small businesses were protected
    13·2 answers
  • Which example best describes how a bank injects money into the economy? A bank opens a savings account for a customer. A bank ap
    13·2 answers
  • Where do banks get money to lend to borrowers?
    13·2 answers
  • Unlike other car rental agencies that are based in airports to serve travelers, wheelz-on-rent has a network of neighborhood off
    14·1 answer
  • Which one is odd: sales ,purchase, carriage inward, audit fees.​
    14·1 answer
  • A car is driven 15Km East for 12minutes before the road changes. The car is then driven south for 18minute​
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!