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mestny [16]
3 years ago
9

A perfectly elastic demand function A. shows that a consumer is willing to pay any amount for the product. B. has a marginal rev

enue that is always decreasing. C. is characteristic of an individual firm operating in a perfectly competitive market. D. shows that the individual firm can increase sales by lowering the price of output.
Business
1 answer:
Svet_ta [14]3 years ago
6 0

Answer:

C. is characteristic of an individual firm operating in a perfectly competitive market.

Explanation:

Demand is perfectly elastic if the coefficient of elasticity is infinite. It means thay consumers would only buy at one price. Once that price changes, demand falls to zero.

A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply.

If a seller decides to increase the price of his good in a perfect competition, demand falls to zero and reducing price woild lead to losses.

I hope my answer helps you

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The dso can also be evaluated by comparison with the terms on which the firm _________ its goods.
Oliga [24]

The terms on which the company sells its goods might be used to compare the DSO and those terms.

<h3>What are goods?</h3>

Goods are any products, raw resources, or consumables that are sold to customers, businesses, or governmental organizations.

Services are tasks carried out for the benefit of the recipients, whereas goods are physical commodities offered to clients. Automobiles, home products, and apparel are a few examples of goods. Legal counsel, housekeeping, and consulting services are a few examples of services.

The supply and demand in an economy play a big role in determining the prices of commodities. Private goods, common goods, club goods, and public goods are the four different categories of products. The degree of exclusivity, or the number of persons who can experience them, varies.

The tangible items we refer to as "material goods" They are visible, touchable, and transportable from one location to another.

To learn more about goods from the given link:

brainly.com/question/12802278

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3 0
2 years ago
Htc started as an original equipment manufacturing firm (oem) for brand-name mobile device companies. later, it started offering
Hunter-Best [27]

Answer:

Forward vertical integration

Explanation:

Forward vertical integration is a type of strategic move that consists in acquiring a firm that was either a supplier, or a potential supplier.

In this case, Htc acquired a design firm that was probably part of its supply chain before (providing the design for the smartphones). In this way, htc has become more competitive because it now has merged the process of manufacturing and design under its control.

5 0
3 years ago
Is the inside of your car feeling hot on a summer day conduction, convection, or radiation
weqwewe [10]
Conduction because heat is directly transmitted through a substance where there is a difference of temp. without movement of material :)
6 0
3 years ago
For the current year, Gina Hestopolis had adjusted gross income of $100,000. During the year, she contributed $6,000 to her chur
Dvinal [7]

Answer:

$39,000

Explanation:

This can be calculated as follows:

Charitable contribution to carry forward = Contribution to church + Contribution to qualified charities + Half of the fair market value of contributed religious artwork

Therefore, we have:

Charitable contribution carry forward = $6,000 + $3,000 + ($60,000 ÷ 2) = $39,000

Therefore, the amount of the charitable contribution carry forward beyond the current year for Gina Hestopolis is $39,000.

6 0
4 years ago
The current spot price of WTI Houston Crude Oil Futures, expiring in 1-year, is $43 (per bbl). You can contract storage cost for
jekas [21]

Answer:

-3.49%

Explanation:

Theoretical price (Ft) = $43

Current spot price (St) = $40.5

Storage cost (u) = 2%

Risk free rate (Rf) = 0.5%

T = 1 year

Let y = Convenience yield

Ft = St e^(Rf + u - y)T

43 = 40.5 e^(0.005 + 0.02 - y)

y = - 3.49%

Hence, convenience yield = -3.49%

7 0
3 years ago
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