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
Darya [45]
3 years ago
9

Econ please helppp :(((((

Business
1 answer:
Lelechka [254]3 years ago
5 0

Answer:

Pure competition

Explanation:

Pure competition refers to an ideal market with very many suppliers selling an identical product. Because the sellers are many, none of them can influence the price. Pure competition is also the perfect competition.  Other characteristics of perfect competition include.

  1. easy to enter and exit the market since there are no trade barriers
  2. All sellers sell a homogeneous product
  3. all sellers are price takers
  4. There are many buyers.
  5. Buyers have sufficient knowledge of prices and suppliers.
You might be interested in
Pricing strategy varies significantly across different market structures.
sasho [114]

Answer:

the answer is yes or true

Explanation:

you can understand it by Pricing strategy is the overarching approach used to set pricing for a company's products and services. It doesn't define actual price points, but the pricing structure is a consequence of the strategy, and it's where you set the price customers see

7 0
3 years ago
Is defined as information containing? patterns, relationships, and trends of various forms of data?
DerKrebs [107]
Business Intelligence. Business intelligence is a broad term that covers basically any information in any format that may be relevant to business strategies. This can include, transaction info, product info, trends, app statistics and so much more. 
4 0
3 years ago
What is the principle of the law of supply?
seropon [69]

B. The higher the price, the larger the quantity produced.

6 0
3 years ago
Read 2 more answers
An amendment to the texas constitution requires a balanced budget. This means that _____.
marissa [1.9K]

Any increase in government spending must be offset by an increase in revenue and/or cuts in spending elsewhere in the budget.

<h3>What does Texas Constitution require a balanced budget?</h3>
  • Texas always keeps its budget balanced because the State Constitution demands it. The Texas state and local sales taxes exceed 10% of the individual transaction price. The primary operating fund for Texas is the General Revenue Dedicated Fund.
  • A constitutional amendment known as the "balanced budget amendment" would restrict government spending to the amount of revenue it receives. Spending would need to be under control by the federal government.

An amendment to the texas constitution requires a balanced budget. This means that any increase in government spending must be offset by an increase in revenue and/or cuts in spending elsewhere in the budget.

According to a balanced budget, a government should not spend more than its income. Thus projected incomes and expenditures should be equal.

To learn more about balanced constitutional budget amendment, refer to:

brainly.com/question/8873582

#SPJ9

4 0
2 years ago
What is a primary bussiness adress, and how shoud it be written​
bixtya [17]

It is the location from where the business is performed primarily.

Explanation:

If a business runs from multiple places or has many factories all over, the primary address is the headquarters or office that manages all these different avenues.

<u>Primary business address is always the center of a particular business. </u>

<u>It must be written like any address but can be seen as different from the registered address of the company.</u>

This is the address used for contact by all clients and other business.

5 0
3 years ago
Other questions:
  • To manage a diverse organization effectively, managers should first:
    6·1 answer
  • Good cash management is an essential job of the financial manager. You own a small auto sales business called King Kars. You sto
    6·2 answers
  • You have been running a landscaping business called Trim Grass for about two years. You have developed a special blend of grass
    9·1 answer
  • What is the role of the Federal Deposit Insurance Corporation?
    8·1 answer
  • Ginny was hired by her company because she agreed to work overtime and carry out all tasks assigned to her as per the instructio
    13·2 answers
  • Many business application software vendors are pushing the use of _____ for small and medium-sized enterprise (SME) to help cust
    15·1 answer
  • According to a summary of the payroll of Mountain Streaming Co., $110,000 was subject to the 6.0% social security tax and the 1.
    12·1 answer
  • Changes in stockholders' equity Listed are the equity sections of balance sheets for years 2014 and 2015 as reported by Mountain
    5·1 answer
  • From the following examples, which one correctly defines a leader?
    11·1 answer
  • Approximately how many union and confederate soldiers died during the civil war?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!