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Tresset [83]
3 years ago
7

Identical products, as well as a large number of buyers and sellers, are characteristics of aperfectly competitive market. In su

ch markets, sellers of goodscan influence the prevailing market price, giving them the role of price in the market. True or False: The market for tomatoes does not exhibit the two primary characteristics that define perfectly competitive markets.
Business
1 answer:
koban [17]3 years ago
8 0

Answer: "In such markets, sellers of goods can influence the prevailing market price, giving them the role of price in the market." is wrong ,

The correct statement is "In such markets, sellers of goods CAN'T influence the prevailing market price, giving them the role of price TAKERS in the market".

"The market for tomatoes does not exhibit the two primary characteristics that define perfectly competitive markets." is FALSE because the market of tomatoes does exhibit the two characteristics:

  • Identical products.
  • Large number of buyers and sellers

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APEX-

A. What safety equipment to wear

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C. how to handle blood safely

D. How to exit safely in the event of a Fire


If this is correct then D would make the most sense, I remember doing computer applications too <3 hopefully this helps


5 0
2 years ago
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Five example of the key elements of effective event planning?​
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Answer:

1) Know your Audience.

2)Engage your Guests.

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2 years ago
To achieve gains from trade, each nation should specialize in the production of a good or service if:
irinina [24]

Answer:

A

Explanation:

A country gains from trade if it specialises in the production of the good for which it has a comparative advantage

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries. this means that the country can produce the good by forgoing fewer alternative products

For example, country A produces 10kg of beans and 5kg of rice. Country B produces 5kg of beans and 10kg of rice.  

for country A,  

opportunity cost of producing beans = 5/10 = 0.5

opportunity cost of producing rice = 10/5 = 2

for country B,  

opportunity cost of producing rice = 5/10 = 0.5

opportunity cost of producing beans = 10/5 = 2

Country A has a comparative advantage in the production of beans and country B has a comparative advantage in the production of rice

3 0
2 years ago
During the business model design process the entrepreneur should spend zero time focusing on the uncertainties and external risk
ad-work [718]

Answer:

The correct answer is false

Explanation:

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7 0
3 years ago
Calculating Earnings Per Share, Price-Earnings Ratio, and Book Value. As a stockholder in Bozo Oil Company, you receive its annu
Aleonysh [2.5K]

Answer:

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2,000,000 / 750,000 = 2.67

b) price / EPS

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  Liabilities<u> 5,000,000</u>

  Equity      4,000,000

equity / shares outstanding:

4,000,000 / 750,000 =  5.3333

5 0
2 years ago
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