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tino4ka555 [31]
3 years ago
10

Most markets in the economy are A. markets in which buyers, rather than sellers, control the price of the product. B. perfectly

competitive. C. markets in which sellers, rather than buyers, control the price of the product. D. highly competitive.
Business
1 answer:
Helen [10]3 years ago
5 0

Answer:

D. highly competitive.

Explanation:

Highly competitive markets are this e where a large number of sellers compete to satisfy the needs of a large number of buyers.

There are wide variety of products for consumers to choose from , so sellers have to come up with a competitive advantage that will give them edge over competitors.

Price changes drive demand and supply trends.

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Schach [20]

Answer:

add 200 shillings to the book balance

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3 years ago
A business that repairs major appliances charges a flat fee and hourly amount plus the cost of any needed parts. they know that
nikdorinn [45]
Error in true mean = +/-Z*\frac{s}{ \sqrt{n} }

Where; Z=2.58 at 99% confidence interval, s= sd = 0.25 hours, n=sample population = 60 refrigerators

Therefore;

Margin of error = +/-2.58*\frac{0.25}{ \sqrt{60} } = 0.0832 hours
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4 years ago
What can be defined as an information technology environment?
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C. The tools and processes that surround us to gather and interpret data can be defined as an information technology environment. 
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3 years ago
Read 2 more answers
An organization estimated that in a particular year the population of a country spent ​$10.4 trillion in personal consumption. T
navik [9.2K]

Answer:

The approximate annual per capita spending for personal​ consumption is $30,145 person per year

Explanation:

The formula to compute the approximate annual per capita spending for personal​ consumption is shown below:

= Total amount which country has spent in a particular year ÷ Total population

Since the population amount is 310 million and the total amount spent is $10.4 trillion

So, we have to convert the million to trillion

So, the revised population would be

= 345 ÷ $1000,000 = 0.000345 trillion

Now put these values to the above formula

So, the answer would be equal to

= $10.4 trillion ÷ 0.000345 trillion

= $30,145 person per year

8 0
4 years ago
The marginal propensity to consume is the:
erma4kov [3.2K]

Answer: proportion of extra income that is consumed. (D)

Explanation:

The marginal propensity to consume is the proportion of an additional income that an individual consumes.

For example, if a household earns an extra dollar of disposable income, while the marginal propensity to consume is 0.60 this means that at that dollar, the household will spend 60 cents and save 40 cents.

4 0
3 years ago
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