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
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.

You might be interested in
The annual percentage rate on a credit card determines
Digiron [165]
My answer -

it determines how much they charge you in interest if you carry a balance. Lower is better. The percentage interest is what they charge you each month, “annual percentage rate” is what you’re paying if you keep that balance for a year. It’s slightly different because in that year, you’re also paying interest on the amount of interest (compound interest) you owe in the previous months.

Not carrying a balance means that you don’t pay interest.


p.s

Let me know if you need anymore help on brainly so I can help you again. Have an AWESOME!!! day :^)


6 0
3 years ago
What is the impact of Corona virus as one of the socio economic issues on businesses​
Anna71 [15]

Answer:

The CO.VID-19 pandemic produced a wide variety of types of effects worldwide, especially from spring 2020. Many people got sick and died from CO.VID-19. The fear that they themselves or people for whom they feel responsible would share this fate seized the population, scientists and politicians worldwide. There was a need for action from the development of the number of newly infected and deceased, from the economic crisis 2020/21, from a problematic development of social structures, from psychological stress on the Individuals and from further effects. In addition to concerns about people's lives and health and the resilience of the economy, there was also concern that the population could be deprived of basic rights for longer than justified by the pandemic.

5 0
3 years ago
Which of the following is a step in the investment planning process?
dalvyx [7]
A.  You have to know how much risk you are willing to take in order to figure out what sort of investments will fit your needs.

b-d are not only wrong, but very poor strategies in general.
8 0
4 years ago
After an oil spill off the California coast, the ladies’ aide society of Cedar Rapids , Iowa , raised money to send to voulentee
Lapatulllka [165]

Answer:

The tax deduction of the contributions.

Explanation:

The claiming of tax deduction of all money raised for the natural disaster in California. Since the Ladies Aid Society is presumably, a non-profit organization then its contributors may claim tax deduction, on their contributions according to Iowa State.

3 0
4 years ago
Higgins Company plans to incur $380,000 of salaries expense if a capital project is implemented. Assuming a 40% tax rate, the sa
AlexFokin [52]

Answer:

d) $228,000 outflow

Explanation:

Calculation for the amount that the salaries should be reflected in the analysis

Using this formula

Salaries=Salaries expense-(Salaries expense*Tax rate)

Let plug in the formula

Salaries=$380,000-($380,000*40%)

Salaries=$380,000-$152,000

Salaries=$228,000 Outflow

Therefore salaries should be reflected in the analysis by a: $228,000 outflow

8 0
3 years ago
Other questions:
  • Trust based on a person's competence would be summarized by this team member's affectionate statement towards another team membe
    10·1 answer
  • What does it mean to set up an ""automatic deposit"" and why is this a good savings strategy?
    12·1 answer
  • How are payroll taxes and user fees different?
    13·1 answer
  • An entrepreneur takes a risk to create a new product or a better way to operate a business.
    9·2 answers
  • 10. ________________ is the extent to which employees have positive or negative feelings about various aspects of their work.
    5·1 answer
  • Activity based costing _____________
    7·1 answer
  • Explain in your own words why "deep kissing" is considered a risk behavior for contracting hiv.
    9·1 answer
  • Bugle Corp. approved a plan of merger with Stanley Corp. One of the determining factors in approving the merger was the strong f
    11·1 answer
  • Patrick's lease is ending soon, and he wants to rent at a different apartment complex. He
    10·2 answers
  • True or false: stakeholders are individuals or companies that legally own a portion of the company and are not influenced by the
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!