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mafiozo [28]
3 years ago
11

Individuals and Businesses are the ONLY decision makers. Which market does this describe?

Business
1 answer:
dolphi86 [110]3 years ago
5 0
<h3>Answer: </h3>

The answer is A.

<h3>Explanation: </h3>

The free market is a system where the prices of goods and services are self-governed by companies and individuals. It is free of any control by the government or any other authority, with no economic favors and monopolies.

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In a large metropolitan market, it is relatively easy to set up a law office. The ease of entry explains why you will find hundr
MissTica

Answer:

1

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  

In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.  

In a perfect monopoly, there is only one firm operating in the industry

In a  monopolistic competition, differentiated products are sold

In an oligopoly, there are few large firms

8 0
3 years ago
What considerations arise when designing a research study?
olga_2 [115]

Research participants should not be subjected to harm in any ways whatsoever. Respect for the dignity of research participants should be prioritised. Full consent should be obtained from the participants prior to the study.

6 0
3 years ago
Select the correct answer.
Vanyuwa [196]
Answer:a is the answer:)
6 0
3 years ago
Jedida is the new manager for a team in an advertising agency. Her team has worked together effectively for the last 10 years, a
CaHeK987 [17]

Answer:

Explanation:

Task oriented, effective, group cohesiveness, neutrolize.

Why these options were chosen?

We can see from Jedida's behavior that she is task oriented, because the first thing she did when coming to new employment place is scheduling a meeting.

In a lot of circumstances such behavior could harm the trust and relationship between manager and the team.

However it is said that the team is very close and know each other for a long time. So, such cohesiveness can neutrolize this leadership behavior.

3 0
4 years ago
Assume milk is used to produce ice cream. Ceteris paribus, a decrease in the price of milk will cause the equilibrium price of i
MariettaO [177]

Answer:

Fall

Explanation:

Milk is an input in the production of milk.

decrease in the price of milk would increase the production of icecream.

An increase in production would lead to an increase in supply of milk.

When supply exceeds demand, equilibrium price drops.

I hope my answer helps you

5 0
3 years ago
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