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Butoxors [25]
4 years ago
6

Able Pads, Inc., sells plain white printer paper in a perfectly competitive market. What does its individual demand curve look l

ike?

Business
1 answer:
nirvana33 [79]4 years ago
3 0

Answer:

The demand curve will look like a straight  line .

Explanation:

Perfect competition is that in which there are large number of buyers and large number of sellers of a commodity and no individual sellers or buyer can control the prices. If the seller try to influence the price then they will loss their buyers as there are many other seller also exist in the market.

Under perfect competition , the firm produce homogeneous product. Both buyers and sellers have full knowledge of the market.

The curve under perfect competition is indicated by horizontal . It shows that a firm can sell any quantity of a product at the prevailing price . And no quantity if they  influence the price.

<u>The figure under shows the curve:</u>

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Which of the following statements about the role of institutions in economic growth is TRUE and which of the following statement
ki77a [65]

Answer:

Explanation:

(a) Expropriation has Truly been a major concern for the Government through out the globe, as the when an entity or body which is supposed to work for the good of the poor people by making use of the Government property starts dealing in illegal ways to grab it as private or work on other properties which are private in nature,

b) The European invasion of the many countries across the globe had initially been to gain ,more and more wealth and power through business.

However, it is true that the quality of the institutions colonized by the Europeans is related to whether the climate or the diseases in the colonized regime allowed the European settlers to live in those areas.

(c) It is true that the low quality institutions make it difficult to protect property rights and enforce contracts. The rights of the people are all dependent on how the State allows the people to enjoy them.  

(d) It is true that the low-quality institutions are central to the theory of poverty traps that states that countries need a big push to felicitate convergence in living standards to the developed world.

 

8 0
3 years ago
Nikki, the design and development manager at Holden Outerwear, says she likes "taking something everyone does every day and doin
swat32

Answer:

Democratic leadership style.

Explanation:

The phrase " taking something everyone does everyday and doing it slightly different" means that the manager does not tell them what to do instead she copies and make changes to whatever they are doing.

7 0
3 years ago
Read 3 more answers
Krit corporaton is a US manufacturing company based in the Midwest. As an investor, Wilson bought 225 shares of stock in Krit Co
AysviL [449]

Answer:

The correct answer is $10,125 and increase in wealth.

Explanation:

According to the scenario, the given data are as follows:

Total shares bought = 225 shares

Current stock price = $45

So, we can calculate Wilson's total wealth in Krit Corp. by using following method:

Total wealth  = Total shares bought × Current stock price

= 225 × $45

= $10,125

Hence, the total wealth of Wilson is $10,125.

Wilson wealth will increase because if the company stock price increase Wilson's stock price also increase, which results in increase of wealth.

8 0
3 years ago
Select the correct words to complete the statements about two different information sources for consumers.
Vesnalui [34]
The answers are as follows:
1. <span>A fast food chain that wants to inform consumers about its latest dollar menu item will most likely use NEW TECHNOLOGY AND MEDIA.
The fastest way for companies to get information across to their customers these days is through internet technology and its associated media. Information through these channel and fast and travel wide.

2. BLOGS </span><span>may inform consumers about other people’s opinions on the newest dollar menu item.
A blog is an informational or discussional website that is published on the internet and which usually focus on a specific topic or field. Blogs can be owned by an individual or a business. Businesses use blogs these days to promote their products.</span>
4 0
4 years ago
Read 2 more answers
Forrest Company manufactures phone chargers and has a JIT policy that ending inventory should equal 20% of the next month’s esti
UNO [17]

Answer:

Total= 446,000 units

Explanation:

Giving the following information:

The inventory should equal 20% of the next month’s estimated unit sales. It estimates that October’s actual ending inventory will consist of 92,000 units. November and December sales are estimated to be 460,000 and 390,000 units, respectively.

Production:

Sales= 460,000

Ending inventory= (390,000*0.2)= 78,000

Beginning inventory= (92,000)

Total= 446,000 units

6 0
4 years ago
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