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3 years ago

The demand curve facing a perfectly competitive firm is

Business

1 answer:

ICE Princess25 [194]3 years ago

7 0

Answer:

Option (E) is correct.

Explanation:

Under the perfectly competitive market conditions, there are large number of buyers and sellers and there is no restrictions on the entry and exit of the firms. Prices of the goods are determined by the market forces and the demand curve for a firm in a perfectly competitive environment varies significantly from the market demand curve. The demand curve is horizontal because all the goods in a perfectly competitive market are considered as perfect substitutes.

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Explanation:

A) Should not be included in inventory but included in Steele Corp's inventory

B) Should be included in inventory

C) Should be included in inventory

D) Should not be included in inventory because once they are shipped, they become the buyers property.

E) Should not be included in inventory but suppliers inventory.

F) Should be included in inventory

G) Should not be included in inventory. Should be included in Office Supplies inventory rather than Merchandise Inventory

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<span>the answer for this question is 10.50%</span>

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To learn more about Culture industry here

brainly.com/question/17481460

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Full Question = Video game company Ubisoft is a ___ because it produces and distributes a specific type of cultural product for public consumption, in order to profit financially.

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2 years ago