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Oxana [17]
3 years ago
10

Is a measure of the extent to which a system achieves its goals

Business
1 answer:
Norma-Jean [14]3 years ago
4 0
Yeah that’s what it means
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Research studies indicate that:
dezoksy [38]

Answer:

A)

Explanation:

Research studies indicate that U.S. producers gain more from tariffs than U.S. consumers lose. This is mostly because many intermediaries must pay various different tariffs including the consumer which all go to the producers, and therefore allowing the producers to gain more from the tariffs that the U.S. consumers will spend paying them.

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When goods are produced at the lowest possible cost, an economy is said to have achieved:?
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When goods are produced at the lowest possible cost an economy is said to have achieved?
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A(n) ____ database supports a relatively small number of users (usually fewer than 50) or a specific department within an organi
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3 years ago
How can the outsourcing of jobs cause production possibilities to expand?
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3 years ago
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During the 1990s, one of the dominant firms in the U.S. cigarette industry would raise prices once or twice a year by about 50 c
Veronika [31]

Answer:

This is an example of price leadership.

Explanation:

Price leadership is a type of practice where a firm, most likely a dominant one, sets the price and other firms follow it. It is commonly seen in an oligopoly market.  

In an oligopoly market, there are a few firms, these firms are interdependent. A price change by one firm affects its rivals.

Price leadership is of different types.

  • Barometric
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So when a dominant firm changes its price, the followers have to follow it if we they want to retain their market share.

8 0
3 years ago
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