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White raven [17]
3 years ago
8

Which of the following is not one of the three conditions that characterizes a perfectly competitive​ market? A. Firms have pric

ing power and can set their prices freely. B. Sellers in the market produce identical goods. C. Buyers are price takers and cannot influence the price charged. D. There are no barriers to entry or exit in the market.
Business
1 answer:
mart [117]3 years ago
3 0

Answer: Option A

Explanation: In simple words, perfect competition refers to a market structure in which the the market have a large number of small buyers and sellers.

Due to this high volume of small level buyers and sellers no single party has the power to influence the price. The price in such market are determined by the market forces of demand and supply.

Hence from the above we can conclude that the correct option is A.

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Create the following lists. There are ten names and five lists of test scores. The correspondence between the names and the test
dem82 [27]

Answer:

Create the following lists. There are ten names and five lists of test scores. The correspondence between the names and the test scores are determined by positions. For example, the test scores for Cindy are 67, 92, 67, 43, 78. Drop the lowest of the five test scores for each student and average the rest and determine the letter grade for that student. Make sure your printout is the same as mine with the same column widths

lowest of the five scores is 43

dropping the lowest, the we have= 67, 92, 67 and 78

Average the rest= 67+92+67+78/4

Average= 76

The grade is A irrespective of the grading point used

Explanation:

3 0
3 years ago
Zachary, a manager at ExecuComp, receives quarterly reports, which track his department's production statistics. However, these
makkiz [27]

Answer: measuring actual performance

Explanation: Measuring is the first step in the control cycle. Many employment and tasks can be expressed in concrete and observable terms.

Managers often use a number of information sources to assess actual performance, such as personal observations, statistical reports, oral reports, and written reports.

In the given case, Zachary is using a report that lacks relevance relative to the measurement criteria. Hence from the above we can conclude that the correct option is A.

6 0
4 years ago
Read 2 more answers
Consumer services include:___________
mart [117]

Answer:

The most accurate answer is c. educational, retail, wholesale, professional, and financial service jobs.

Explanation:

7 0
4 years ago
Read 2 more answers
Which aspect of the Omnibus Trade and Competitiveness Act allows a U.S. president the authority to restrict sales of a country’s
Kipish [7]

Answer:

Market Access

Explanation:

Based on the information provided within the question it can be said that the aspect that is being mentioned is known formally as Market Access. This term refers to the process of making sure that anyone who may benefit has fast and easy access to the brands that are being sold and at the correct price, and that there are no unfair restrictions being imposed.

3 0
4 years ago
How to estimate elasticity?
andrezito [222]
The formula for calculating elasticity is: Price Elasticity of Demand=percent change in quantitypercent change in price Price Elasticity of Demand = percent change in quantity percent change in price .
7 0
3 years ago
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