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ozzi
3 years ago
6

Dozens of companies produce plain white socks. Consumers regard plain white socks as standardized and don't care who manufacture

s their socks.
(a)-Yes, meets all assumptions
(b)-No, no free entry
(c)-No, not many sellers
(d)-No, not an identical product
Business
1 answer:
Dmitry_Shevchenko [17]3 years ago
6 0

The correct answer is A) Yes, meets all assumptions.

Dozens of companies produce plain white socks. Consumers regard plain white socks as standardized and don't care who manufactures their socks: Yes, meets all assumptions.

What we are trying to do here is to define if the affirmation is about a competitive market. And the answer is yes, it meets all assumptions. The socks market is a competitive market because it has a large number of buyers and sellers that is not as big if compared to the size of the total market. The socks matter is offering barely the same product to customers. There is no differentiation at all. And in this case, companies can enter or leave the market whenever they want.

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Which part of the passage hints at Helen's efforts of ensuring visibility on social media sites?
jekas [21]

Answer: She updates her online profile regularly and participates in work related online discussions.

Explanation:

3 0
3 years ago
An asset has had an arithmetic return of 10.3 percent and a geometric return of 8.3 percent over the last 90 years. What return
Art [367]

Answer:

Blume's formula combines the geometric and arithmetic means of an asset to be able to predict its returns in a given period.

The formula is;

<em>= Geometric Mean*(T-1)/(N-1) + Arithmatic Mean *(N-T)/(N-1) </em>

Where;

T = Period in question

N = Total period

10 years

= 8.3%*(10-1)/(90-1) + 10.3%*(90-10)/(90-1)

= 10.1 %

25 years

= 8.3%*(25-1)/(90-1) + 10.3%*(90-25)/(90-1)

= 9.76%

30 years

= 8.3%*(30-1)/(90-1) + 10.3%*(90-30)/(90-1)

= 9.65%

4 0
3 years ago
Knowing how major competitors react gives the company clues on how best to ________ competitors or how best to ________ the comp
Vika [28.1K]
Hello!

The correct answers are:

BLANK 1 ANSWER: Attack.

BLANK 2 ANSWER: Defend.

I really hope you found this helpful! :)
6 0
3 years ago
Suppose the current price of a good is $55. At this price, the quantity supplied is 165 units, and the quantity demanded is 240
inysia [295]

Answer:

190

$60

Explanation:

Equilibrium price is the price at which quantity demanded equals quantity supplied

Equilibrium quantity is the quantity at which quantity demanded equals quantity supplied

Let x = change in quantity supplied

the following equations can be derived from the question

165 + 5x = total change in quantity supplied

240 - 10x = total change in quantity demanded

At equilibrium, quantity demanded equals quantity supplied. So,

165 + 5x = 240 - 10x

collect like terms and solve for x

15x = 75

x = 5

this means that quantity supplied would have to increase 5 times : 165 + 5(5) = 190

and quantity demanded would have to decrease 5 times : 240 + 10(5) = 190

equilibrium quantity is 190

equilibrium price = $55 + 1(5) = $60

3 0
3 years ago
Connor was employed by tabor city bank. he left the company voluntarily after he ended a personal relationship with laura, the b
mojhsa [17]

Connor has a cause of action for<u> "defamation".</u>


Defamation law is the region of law that identifies with interchanges about the notoriety of someone else. Defamatory speech is a correspondence that may hurt the reputation of another person. The reason for the zone of law is to shield individuals from having their lives and jobs demolished or fundamentally changed due to false articulations against them. Be that as it may, the law still secures an individual's First Amendment ideal to talk openly without being held at risk for saying something annoying, committing an error or contradicting another person. Defamation law is the region of law that looks to ensure an individual's notoriety by forestalling unjustifiable discourse that may hurt an individual's reputation.  


4 0
3 years ago
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