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
Yuki888 [10]
3 years ago
6

In a perfectly competitive industry, influence over price is exerted by

Business
1 answer:
tigry1 [53]3 years ago
8 0

Answer:

(C) the forces of supply and demand

Explanation:

In a perfectly competitive industry, no single buyer nor seller will be able to influence prices thus marking the forces of demand and supply (the invisible hand) the determinant of pricing. Each buyer or seller will only account for a minute portion of total demand and supply thus making their influence of market price insignificant.

Options (A), (B) and (D) are incorrect as the largest firms, individual sellers and individual buyers do not influence pricing over price in a perfectly competitive market.

You might be interested in
Assume the Fed creates excess reserves in the banking system by buying government bonds, but banks do not make more loans becaus
seropon [69]

Answer: Cyclical asymmetry

Explanation:

In economics, Cyclical asymmetry is defined as

A value that represents a large imbalance in economic factors due to genuine cyclical reactions by a country or market.

It includes employment rates,  interest rates, debt retention, bond strengths, or stock market imbalances.

If we assume the Fed creates excess reserves in the banking system by buying government bonds, but banks do not make more loans because economic conditions are bad.

Since this happens due to the cyclical reaction of the government.

This means that,

This situation is a problem of <u>cyclical asymmetry</u>.

8 0
3 years ago
if i open a contract near market closing then close the contract next day does that count as day trade
Ber [7]
No. Day trading refers to trading positions that are opened and closed the same day.
7 0
3 years ago
Read 2 more answers
Valotic Tech Inc. sells electronics over the Internet. The Consumer Products Division is organized as a cost center. The budget
Tcecarenko [31]

Answer:

<u>Total Over budget = $112370</u>

<u>Total Under Budget= $ 56062</u>

Explanation:

<u>Valotic Tech Inc.</u>

<u>Budget Performance Report—Director, Consumer Products Division</u>

<u>For the Month Ended January 31, 2016</u>

                                                 Budget          Actual       (Over) Under Budget

Customer service salaries   $546,840     $602,350         (55,510)

Insurance & property taxes    114,660        110,240             4420

Distribution salaries               872,340         861,200           11,140

Marketing salaries               1,028,370       1,085,230          (56,860)

Engineer salaries                 836,850          820,008         16842

Warehouse wages                586,110          562,632          23478

<u>Equipment depreciation        183,792        183,610                182              </u>

<u> Total                                  $4,168,962      $4,225,270        (56308)       </u>

<u />

<u>Total Over budget = $112370</u>

<u>Total Under Budget= $ 56062</u>

Over budget means that the amount is spent more than the amount budgeted.

The Customer service salaries and  Marketing salaries are over budgeted and the the director is expected to request supplemental reports of these to analyze where the amount has been overspent.

4 0
4 years ago
Currently, the yield curve is ascending. A customer believes that the Federal Reserve will start to tighten credit by raising sh
sleet_krkn [62]

Answer:

Short-selling long-term bonds and taking long position on short-term assets

Explanation:

When the yield curve ascends, the long-term bond's price will go down. Hence, do short-sell the long-term bonds. On the other hand, short-term asset's price will be depreciated because Fed tightens credit and raise short-term rate, which is the chance to purchase and make profits from capital gains.

3 0
4 years ago
______ segmentation delves into how consumers actually describe themselves
andrezito [222]
Psychographic, <span>Segmentation is a method that delves into how consumers actually describe themselves, their attitudes, interests and activities.</span>
3 0
3 years ago
Other questions:
  • What is most likely the author's purpose when writing an article on the history of cell phones?
    6·2 answers
  • How many start-up businesses are created each year
    9·2 answers
  • A U.S. firm buys merchandise today to a Japanese company for ¥100,000,000. The current exchange rate is ¥110.58/$, the account i
    10·1 answer
  • Assume the perpetual inventory method is used. The company purchased $12,500 of merchandise on account under terms 2/10, n/30. T
    10·1 answer
  • Accrued sales salaries amount to $1,700. Prepaid selling expenses of $3,000 have expired. A physical count of year-end merchandi
    10·2 answers
  • The table below represents how Marco feels about chocolate candy bars.
    7·1 answer
  • Glaler, a large-scale cell phone manufacturer, has a robot in each of its outlets that studies a customer's usage history and su
    13·1 answer
  • A rule that every imported product must be opened by hand and inspected with a magnifying glass, by one of just three government
    10·1 answer
  • As the manager of an organization that is attempting to build a marketing information system (mis), you have been informed that
    15·1 answer
  • Question 5 of 10
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!