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ch4aika [34]
3 years ago
15

Imperfect markets: do not exist in democracies. always result in supply exceeding demand. always result in demand exceeding supp

ly. occur when the buyer or seller has an influence on the price. can’t occur if there are many buyers and many sellers.
Business
1 answer:
Korolek [52]3 years ago
5 0

Answer:

The correct answer is: when buyers and sellers have influence on price.

Explanation:

The imperfect market situations exist when there are few buyers or sellers such that they are able to influence the market. For instance, in a perfectly competitive market, there is a large number of buyers and sellers. So, any single buyer or seller is not able to influence the market. The price and output are determined by the market forces.  

In an imperfect market such as monopoly or oligopoly, few firms exist so they are able to fix output and price on their own.

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You are an accountant working for Hotel Co. Your supervisor has asked you to research what amount of revenue Hotel Co. should re
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3 years ago
What is the name of the Inca tot of stock market prices that averages 30 selected industrial stocks?
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C

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6 0
3 years ago
A group of individuals in the age group of 11 to 16 years who extensively use the internet is an example of market segment
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3 0
3 years ago
Burns Industries currently manufactures and sells 23,000 power saws per month, although it has the capacity to produce 38,000 un
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Answer:

Increase by $37,100.

It will accept any time the price is above $43 with the condition it will not incur in additional fixed cost.

$63. is the sales price that generates 106,000 dollar of operating income

Explanation:

As the units will not inccur in any additional fixed cost we should check for the contribution margin this units will provide:

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sales price = 63

6 0
3 years ago
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