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
ValentinkaMS [17]
3 years ago
8

In a perfectly competitive market, Multiple Choice all firms produce and sell a standardized or undifferentiated product. the ou

tput sold by a particular firm may be quite different from the output sold by the other firms in the market. firms are price-setters. it is difficult for new firms to enter the market due to barriers to entry.
Business
1 answer:
Umnica [9.8K]3 years ago
6 0

Answer:

all firms produce and sell a standardized or undifferentiated product

Explanation:

A perfectly competitive market is a market in which there are many companies that offer the same product, there are not entry barriers which makes it easy for an organization to enter or exit the market. Also, the companies are not able to influence the market and they are not able to control the conditions in it. According to this, the answer is that in a perfectly competitive market, all firms produce and sell a standardized or undifferentiated product.

You might be interested in
The _____ approach to systems development is a group-based tool for collecting user requirements.
miss Akunina [59]
C. prototyping, does it makes sense now.
8 0
3 years ago
Question 4 Ivanhoe Company reports the following information (in millions) during a recent year: net sales, $10,794.0; net earni
Inga [223]

Answer:

ROA = 0.08 or 8%

Asset turnover = 2.4

Profit Margin = 0.033 OR 3.3%

Explanation:

All of the above requirements can be calculated as follows according to  their formula

Working

Average asset = (Assets at beginning + assets at end )/ 2

Average assets = (4025 + 4970 )/ 2

Average assets = $4497.5

Requirement A. Return on assets

ROA = Net Income / Average assets

ROA = $359.8 / $4497.5(w)

ROA = 0.08 or 8%

Requirement 2 Asset turnover

Asset turnover = Net Sales / Average assets

Asset turnover = $10,794 / $4497.5

Asset turnover = 2.4

Requirement 3 Profit Margin

Profit margin = Net income / Net sales

Profit margin = $359.8/$10,794

Profit Margin = 0.033 OR 3.3%

3 0
3 years ago
Which type of account typically has very high liquidity, low or no interest, and low minimum balance?
faltersainse [42]
I would say that it is a CHECKING ACCOUNT. The answer for this would be option A. This type of account can be accessed anytime which makes its liquidity very high, but on the other side, this has very low interest and the minimum balance required is also low. Hope this helps.
7 0
3 years ago
Carl started earning a paycheck and wants to invest some of what he earned. In this situation, why is it important for Carl to b
Alex_Xolod [135]
The reason that it is important for Carl to be financially literate is so that he can learn how to invest his own money and manage it properly so that it continues to grow. 
4 0
3 years ago
Read 2 more answers
The way the bank determines the balance on which to calculate your interest is known as _____.
neonofarm [45]
The way a bank determines the balance on which you calculate your interest is known as an annual percentage rate. In reality, the banks take the annual percentage rate and charge a person on their daily interest rate. You can find out the daily rate by taking the APR, annual percentage rate, and divide it by the number of days in a year. The correct answer is D. 
4 0
3 years ago
Read 2 more answers
Other questions:
  • Which party is responsible for obtaining informed consent from a client?
    12·1 answer
  • The fallacy of _____ is arguing erroneously that what can be said of the whole can be said of the parts.
    5·1 answer
  • Economic Darwinism:
    11·1 answer
  • Approximately two decades after a "baby boom," one could expect___________.
    15·1 answer
  • Which business letter feature is found at the top of the page?
    13·1 answer
  • Suppose that you currently have $250,000 invested in a portfolio with an expected return of 12% and a volatility of 9%. The effi
    10·1 answer
  • Add a new field named LoanPayment using the Expression Builder. Insert the Pmt function to determine the monthly payment for a 2
    12·1 answer
  • What were the impacts of the fur trade on society in terms of economics, culture, technology, nature, and the government? Did Ro
    12·1 answer
  • g Sparky Corporation uses the weighted-average method of process costing. The following information is available for February in
    5·1 answer
  • A business opportunity that match traveling​
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!