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timama [110]
3 years ago
5

Classify the assumptions according to whether or not each item is an assumption made under perfect competition (also known as pu

re competition or competitive industry).
Assumed in perfect competition Not assumed in perfect competition
a. price-taking behavior
b. a small number of producers
c. firms selling a similar but differentiated good
d. significant barriers to entry
Business
1 answer:
Stells [14]3 years ago
3 0

Answer:

Option “A” is the assumption of perfect competition while options B, C, and D are not the assumption of perfect competition.

Explanation:

Option A, is the assumption of perfect competition because, in the perfect competition, the industry decides the price with the help of market forces demand and supply. Moreover, this determined price is followed by firms in the industry. While the other options are not assumed in perfect competition because there are a large number of firms that can be seen in perfect competition and these firms sell homogeneous goods. Furthermore, the firms are free to enter and exit the market.

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Corporations argue that corporate welfare is motivated by sound economics. Critics of large corporations see the policy as unfai
sergejj [24]

Answer:

It is an unfair support of those who need it most

Explanation:

Corporate welfare are supports in the form of grants and other benefits that a corporation enjoy from government.

The intention is to guide business against potential risks , stabilize and encourage growth of business operation.

However , this purpose has been defeated on several occasions as some organizations have fraudulently claimed the benefits and the grants not even put to a proper use and it ends up a waste of resources. Moreover , it can easily be politically influenced as some corporations' connection to political offices determine what they get at the detriments of others.

This practice is not fair to small business owners who appears to even need it more to enable growth and the strength to withstand competition.

7 0
3 years ago
What does the phrase "on the market" describe? A. Plans for making commodities available for sale or trade B. Ways producers com
vladimir2022 [97]

Answer:

<u>A. Plans for making commodities available for sale or trade</u>

Explanation:

  • As a market is a place where all the goods and commodities are brought for sale the products and services that exist in the market or on the market are those that brought for the consumption by the people.
  • This involves the plans for buying and selling in the market to get a good amount of returns. Off the market means the properties that are for sale but are not available for the purchase. Hence the products are based on the availability of the market conditions.
4 0
3 years ago
Read 2 more answers
Flatter organizational structures rely on lower-level employees to participate in decision making. These employees are generally
NemiM [27]

Answer: Team leader

Explanation:

A flatter organizational structure is a firm's organizational structure which is tall, mid-sized or flat and is used by many small companies due to lack of manpower.

For example, a new consulting firm will employee senior management employees in finance,marketing, and sales and these executives will act as team leaders.

A team leader is someone who gives instructions, guidance, leadership an direction to a group of individuals to achieving a goal. The team leader the reports his or her results to the manager.

6 0
3 years ago
If a worker was climbing on a tower while attached to a vertical lifeline, the workers fall protection system would be provided
Alex_Xolod [135]

If a worker was climbing on a tower while attached to a vertical lifeline, the workers fall protection system would be provided by: single anchor vertical lifeline , and mobile fall arrestors.

<h3>What is a protection system?</h3>

Protection system can be defined as the system that help to protect and safeguard people from hazard or to protect people from material that may fall on them while climbing a tower.

Hence, the protection system that will help to protect a worker or an employee who fall while  climbing on a tower are;

  • Single anchor vertical lifeline
  • Mobile fall arrestors

Learn more about Protection system here:brainly.com/question/26260220

#SPJ1

4 0
2 years ago
Assume a par value of $1,000. Caspian Sea plans to issue a 19.00 year, semi-annual pay bond that has a coupon rate of 8.09%. If
Anna007 [38]

Answer:

Price of Bond  is 1,031.36

Explanation:

Step 1. Given information.

Par value $1.000

Issue to 19 year

Coupon rate 8.09%

Yield maturity 7.68%

Step 2. Formulas needed to solve the exercise.

Price of Bond = PV of Coupons+PV of Par Value

Step 3. Calculation.

Number of Periods =8*2 =16

Semi annual coupon =8.11%*1000/2 =40.55

Semi annual YTM =7.58%/2 =3.79%

Price of Bond  =40.55*((1-(1+3.79%)^-16)/3.79%)+1000/(1+3.79%)^16 =1031.36

Step 4. Solution.

Price of Bond  is 1,031.36

3 0
4 years ago
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