All categories

3 years ago

In pure competition, producers compete exclusively on the basis of

Business

2 answers:

ipn [44]3 years ago

8 0

Answer:

Explanation:

sell identical items :)

Daniel [21]3 years ago

7 0

The answer is <u>"A-sell identical items."</u>

Pure competition is a term that portrays a market that has an expansive scope of contenders who are offering similar items. Usually alluded to as flawless rivalry. Here are a few attributes that characterize pure competition:

In a perfect purely competitive market, the items being sold would be indistinguishable, which expels the alternative of one merchant offering something other than what's expected or superior to another dealer.

Since there are such a significant number of rivals in the market offering a similar item at a similar value, one contender doesn't have an edge over the others. Basically, every one of the merchants are equivalent.

New organizations can without much of a stretch enter the market.

The cost of items is resolved exclusively by what customers will pay.

You might be interested in

Ralph owns a building that he is trying to lease. Ralph is a calendar-year, cash-method taxpayer and is trying to evaluate the t

bulgar [2K]

Answer:

a. The amounts that are included in Ralph's gross income this year if a tenant signs lease 1 on December 1 and makes timely payments under that lease

= $8,640

b. The amounts that are included in Ralph's gross income this year if the tenant signs lease 2 on December 31 and makes timely payments under that lease:

= $7,920

c. The amounts that are included in Ralph's gross income this year if the tenant signs lease 3 on November 30 and makes timely payments under that lease:

= $10,080

Explanation:

a) Data and Calculations:

Leases: Lease Payments Security Remarks

Deposit

Lease 1 Monthly rent = $720 $720 Refundable at the lease end

Lease 2 Yearly rent = $7,920 None None

Lease 3 Monthly rent = $720 $1,440 Non-refundable; last months' rent

1) The amounts that are included in Ralph's gross income this year if a tenant signs lease 1 on December 1 and makes timely payments under that lease

= $720 * 12 = $8,640

2) The amounts that are included in Ralph's gross income this year if the tenant signs lease 2 on December 31 and makes timely payments under that lease:

= $7,920

3) The amounts that are included in Ralph's gross income this year if the tenant signs lease 3 on November 30 and makes timely payments under that lease:

= ($720 * 12) + $1,440

= $8,640 + $1,440

= $10,080

b) Since Ralph is a cash-method taxpayer, the amounts of lease rents that are included in his gross income equal the total amounts received in the calendar-year.

8 0

3 years ago

The Parvizians own several oriental rug stores in and around the Washington, DC, metropolitan area. It is expected that as each

Alex777 [14]

Answer:

The correct answer is (b)

Explanation:

It is generally said that if you’re in a family business you are in a partnership. The partvizians is a family which owns several rug stores. When their children will take over the business they will be considered partners. They will own the business equally and they will share the profits and losses. It is also known as a family-owned business where two or more family members run a business and act as business partners.

6 0

3 years ago

Winter Time Adventures is going to pay an annual dividend of $2.86 a share on its common stock next year. This year, the company

Sedbober [7]

Answer:

share price at 5 year is $45.19

Explanation:

given data

annual dividend D1 = $2.86

paid a dividend Do = $2.75

discount rate K = 11.7 percent

to find out

share price of common stock be worth five years

solution

first we get here growth rate that is express as

growth rate = $\frac{current\ dividend-previous\ dividend}{previous\ dividend}$ ..................1

put here value we get

growth rate = $\frac{2.86-2.75}{2.75}$

growth rate = 4%

so here dividend at 6 year will be

Dn = Do × $(1+g)^{n}$ .............2

D6 = 2.75 × $(1+0.04)^{6}$

D6 = $3.48

so share price at five year will be

P5 = $\frac{D6}{discount\ rate- growth\ rate}$ .................3

P5 = $\frac{3.48}{0.117-0.04}$

P5 = $45.19

so share price at 5 year is $45.19

4 0

4 years ago

The premise of the __________ is that billionaires, millionaires, and all those at the top of the income ladder are expected to

andreyandreev [35.5K]

The answer in the space provided is the progressive tax system. The progressive tax system is the one responsible of having to provide taxes for tax payers in each category in which is in consistent with the sentence described above.

5 0

3 years ago

Select the correct answer.

Alexxandr [17]

Answer:

Explanation:

Free rein leadership, also known as the Laissez-Faire style, is a type of leadership in which the manager or leader allows their employees to make decisions. In this form of leadership, the manager gives his/her employees objectives and does not provide any guidance on how to achieve those objectives.

In the given case, this restaurant manager exhibits the quality of free-rein leadership. He has set his employees off the noose to allow them to make decisions on their own.

So, option B is the correct answer.

7 0

3 years ago

Read 2 more answers