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Varvara68 [4.7K]
4 years ago
14

What is pure competition?

Business
2 answers:
nadezda [96]4 years ago
5 0

Answer:

A theoretical market structure with very large numbers, identical products, freedom of entry and exit, and perfect knowledge by all buyers and sellers of market conditions

Explanation:

Pure or perfect competition is a theoretical market structure that meets the following criteria.

  1. All traders sell identical products-(homogeneous)
  2. Traders cannot influence the market price.
  3. Traders can enter and exit the market at no cost.
  4. Buyers have complete information about the current prices that each buyer charges.
  5. Resources such as labor move freely within the industry.
lana66690 [7]4 years ago
5 0

Answer:

The answer is B. The second option.

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Sarah grows rosebushes that she decided to sell online. She ships them using an airline. If a rosebush dies, to whom is the carr
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If the rosebush dies while in transit, the carrier will be liable to Sarah, the principal.

<h3>Who is the carrier liable to?</h3>
  • The carrier will be liable to the person that it engaged in a business transaction to ship goods to another person.

In other words, the carrier will be liable to Sarah because it was Sarah that they got into business with. Sarah will then be liable to the buyer for the death of the rosebush.

In conclusion, option B is correct.

Find out more on liability at brainly.com/question/24777053.

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I think that the answer is B.
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After surviving an ischemic stroke, a 79-year-old male has demonstrated significant changes in his emotional behavior, with his
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Answer: Option (D)

Explanation:

The individual has shown significant alteration in his emotional attitude, he has been going through mood swings. Therefore his immediate response is empathy , anger and sadness. This when analyzed by his care team , they would most likely attribute such changes to ischemic alteration in elements of the individual's limbic system. Since the limbic system controls the rudimentary emotions such as fear, anger and pleasure.

4 0
3 years ago
Consider this​ statement: "Persistent inflation in a growing economy is possible only if the aggregate demand curve shifts right
horrorfan [7]

Answer:

This statement is describing demand pull inflation.

Explanation:

If the aggregate demand increases the demand curve will shift rightwards. But if the increase in demand is higher than increase in supply this will lead to an increase in the price level. The output level will increase but constant increase in price will cause inflationary pressures. This is referred toa as demand-side inflation.

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3 years ago
A medical facility does MRIs. Occasionally, the test yield inconclusive results and have to be repeated. Using the following sam
kupik [55]

Answer:

a) 0.118.

Explanation:

The computation of the UCL is shown below:

Given that

N = 100

<u>Sample    Sample size      Number of retests       fraction defective </u>

1                      100                     4                                0.04

2                     100                      11                               0.11

3                     100                      6                               0.06

4                     100                      10                              0.1

5                     100                     4                                0.04

6                     100                      6                              0.04

7                     100                      1                                0.01

8                     100                      6                               0.06

9                     100                      9                              0.09

10                   100                      11                               0.11

Total              1,000                   68

Now p is

= 68 ÷ 1000

= 0.068

Now the standard deviation is

= √p(1 - p) ÷ √n

= √0.068 × (1 - 0.068) ÷ √100

= 0.025

Now the UCL is

= p + z × standard deviation

= 0.068 + 2 × 0.025

= 0.118

5 0
3 years ago
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