A purely competitive industry has a very <u>large </u>number of sellers, whereas the other three market structures reflect a progressively <u>smaller </u>or <u>decreasing </u>number of sellers.
What are three examples of a market that is only competitive?
Agrarian goods like corn, wheat, and soybeans are excellent examples of a market that is purely competitive. Monopolistic competition is similar to pure competition in that it has few barriers to entry and many suppliers.
What exactly is a product whose market is only competitive?
The characteristics of a market with pure competition the products that are sold are identical. Every seller is the same. It is simple for new businesses to enter the market. Products are priced according to what customers are willing to pay.
Learn more about market structures here:
brainly.com/question/8650428
#SPJ4
In general, if you have more types of deductions on your tax, the 1040 forms maybe more appropriate for you because it provide you with various options to claim deductions or credit.
The 1040Ez on the other hand only offer a simple format that only beneficial for taxpayers who made certain conditions.
Answer:
Markets are competitive.
Explanation:
In the competitive market, the number of sellers competed with each other in terms of prices, quality, maximize the market share.
In the given situation, various sellers are competed with each other for meeting out the consumer demands also at the same time it offers the goods at lowest cost and highest quality so that it capture the whole market
Therefore the second option is correct
If Jennifer has 400 dollar more than Brian has, if she gives Brian 20 % of her money she will have to giver Brian 80 dollars which comprises 20% of 400 dollars.
That is a simple calculation: 20/100 x 400 = 80
Question solved.
Answer:
cash 595,900 debit
bonds payable 590,000 credit
premium on bonds 5,900 credit
Explanation:
We have to record the issuance of the bonds:
<em><u>cash proceeds:</u></em>
face value x quote:
590,000 x 101/100 = 595,900
face value <u> (590,000)</u>
<em>premium </em> 5,900
<em>There is a premium as we are receiving more than we are going to pay at maturity.</em>
We will debit the cash proceeds form the bond
and credit the bonds and premium
