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
sweet-ann [11.9K]
3 years ago
11

Firms are very small relative to the market. Firms have significant price control. Firms produce very similar products. There is

a large number of firms. There are significant barriers to entry and exit to the market. Firms have no price control. Firms produce differentiated products. not perfect competition perfect competition
Business
1 answer:
Anika [276]3 years ago
7 0

Answer:

  1. Firms are very small relative to the market. PERFECT COMPETITION
  2. Firms have significant price control. NOT PERFECT COMPETITION - in perfect competition all firms are price takers.
  3. Firms produce very similar products. PERFECT COMPETITION
  4. There is a large number of firms. PERFECT COMPETITION
  5. There are significant barriers to entry and exit to the market. NOT PERFECT COMPETITION - in perfect competition there is free market entry and exit
  6. Firms have no price control. PERFECT COMPETITION
  7. Firms produce differentiated products. NOT PERFECT COMPETITION - in perfect competition firms produce homogeneous products.

You might be interested in
A gracious welcome by an employee at the hotel check-in counter is an example of:
hammer [34]
<span>This is the "moment of truth." These are the times at which good customer service and pleasant interactions with staff can make an experience enjoyable or it can break the trust of a customer, not to be easily repaired. Moments of truth can take place many times during an interaction or transaction, and need to be carefully monitored to make sure that the best service actions known are being taken.</span>
5 0
3 years ago
A licensed real estate broker who shall by choice elect to work under the name and supervision of another individual broker or a
Minchanka [31]

Answer:

Associate Real Estate Broker

Explanation:

7 0
3 years ago
According to the california insurance code, what is the maximum penalty per violation for anyone who unwillfully commits an unfa
morpeh [17]
Accord According to the California Insurance Code, any individual who unwilfully takes part in an out of line strategy for rivalry is obligated to the state for a fine of up to $5,000 per infringement. In the event that the demonstration is resolved to be headstrong, the fine won't surpass $10,000 per act.
4 0
3 years ago
Automatic stabilizers refer to:
Aliun [14]

Answer:

B) government spending and taxes that automatically increase or decrease along with the business cycle.

Explanation:

The two most common automatic stabilizers are: income taxes and unemployment benefits.

When the economy is strong, people make more money, and income tax revenue automatically increases.

On the contrary, when the economy is weak, or in recession, people earn less, and more of them are unemployed. Unemployment benefits therefore increase accordingly.

4 0
3 years ago
Based on what you have learned, why does the ITA believe that fair trade is important to US businesses and to the world?
Anastaziya [24]
T<span>he ITA believes that fair-trade policies allow countries to import and export freely, allowing consumers to save money. It will also create economic opportunities that will help to improve economies in other countries, which could contribute to solving global issues like poverty. To meet these goals, the ITA believes that trade barriers need to be eliminated.</span>
7 0
3 years ago
Read 2 more answers
Other questions:
  • Which of the following is NOT a core component of the Federal Reserve Bank?
    7·1 answer
  • Were taxes are recorded on the income and expense statement ​
    12·1 answer
  • A method of saving that allows easy access to the money at low risk in case of emergency is A. a 401(k) account. B. home equity.
    15·1 answer
  • At December 31, 2020 Marigold Corp. had 305000 shares of common stock and 9600 shares of 6%, $100 par value cumulative preferred
    5·2 answers
  • I will cash app any money you need.
    15·1 answer
  • What were the two main opposing views of Adam Smith and Karl Marx?
    12·1 answer
  • Which one of the following statements concerning net working capital is correct?
    10·1 answer
  • In a meeting, after hearing a member describe a problem to be addressed, all other members of the group first wrote down ideas a
    12·1 answer
  • bonds that are purchased with the intent of selling them in the near future to take advantage of short-term price changes are cl
    5·1 answer
  • Williams Company purchased a machine costing $25,000 and is depreciating over a 10-year estimated useful life with a residual va
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!