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
OleMash [197]
3 years ago
14

When all market participants are price takers who have no influence over prices, the markets have a. numerous buyers but only a

few sellers. b. numerous sellers but only a few buyers. c. numerous buyers and sellers. d. only a few buyers and sellers.
Business
1 answer:
larisa [96]3 years ago
7 0

Answer:

numerous buyers and sellers. 

Explanation:

When market participants are price takers, they have no influence over priced. Prices are set by market forces. Goods are also usually homogenous. If sellers attempt to increase their price, they lose their buyers and if they cut price they make losses.

I hope my answer helps you

You might be interested in
6. When you find income elasticity of demand, you can determine whether the goods are normal or inferior based on whether your a
Rama09 [41]

Explanation:

Normal goods are the whose demand decreases with increase in price whereas in economics inferior goods are those whose demand decreases with increase in people's income.

Normal goods have a positive income elasticity of demand; as incomes rise, more goods are demanded at each price level.Inferior goods have a negative income elasticity of demand; as consumers' income rises, they buy fewer inferior goods.

5 0
3 years ago
According to lewinian/od views of organizational change, organization development (od) is linear in that it:____.
fenix001 [56]

According to lewinian/od views of organizational change, organization development (od) is linear in that it: <u>has movement from past to present to future.</u>

<u />

An organization is a group of people working together, such as a neighborhood association, charity, union, or business. The word organization can be used to refer to a group or enterprise or the act of forming or establishing something.

defines the purpose of an organization as “a meaningful statement of its existence that aligns with its long-term financial performance, provides a clear context for day-to-day decision-making and unites and motivates relevant stakeholders. Permanent reasons.”

There are four main types of business organizations. A sole proprietorship, partnership, corporation, limited liability company, or LLC. Below we discuss these and their use in the field of commercial law.

Learn more about organizations here: brainly.com/question/24448358

#SPJ4

5 0
2 years ago
What type of relationship does a lawyer and client have
sveticcg [70]
Professional relationship
8 0
3 years ago
Read 2 more answers
Microcredit loans typically are used to __________. A. buy a home B. start a small business out of one’s home C. improve infrast
Katena32 [7]
<span>Microcredits are usually small which is why they're micro. That's why the correct answer is B. start a small business out of ones home. This is usually a small amount of money, for example, enough to buy a sewing machine and supplies that you need to be a tailor or something similar. The other options often include large sums of money.</span>
5 0
4 years ago
Read 2 more answers
What kind of financial institution provides low-interest loans for its members?
miv72 [106K]
If you are covered with a particular insurance firm, obtaining a loan from them after a period of three years is possible and their interest rates are quite low. 
also a SACOOS tend to have a low interest rates for their members compared to the banking system.
7 0
3 years ago
Other questions:
  • The space on freeway is fixed at any instant of time. A supply curve that shows this is
    14·1 answer
  • On November 19, Nicholson Company receives a $24,600, 60-day, 10% note from a customer as payment on account. What adjusting ent
    6·1 answer
  • Which of the following is NOT a part of the basic concept of Marketing? a. Discover Needs and Wants of Consumers b. Satisfaction
    6·1 answer
  • Assets are 300,000 and equity is 100,000, assets increase 80,000 liabilities increase 50,000. what is equity at year end?
    13·1 answer
  • Just-in-time management could be best defined in which of the following ways?Select one of the options below as your answer. A.
    9·1 answer
  • How often is interest earned from bonds usually paid to the bond holder?
    12·1 answer
  • Springfield National Bank organizes its loan operations based on the market served, such as consumer, small business, and nonpro
    15·1 answer
  • Examples of productivity in economics.
    14·1 answer
  • Consider that your income has decreased this year from $50,000 to $10,000. You bought 2 quantities of product B last year and de
    6·1 answer
  • All of the following are inventory accounts for a manufacturer except: Multiple choice question. indirect materials inventory fi
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!