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Ainat [17]
3 years ago
14

Price in a perfectly competitive industry: Select one:_____

Business
1 answer:
lapo4ka [179]3 years ago
4 0

Answer:

The correct answer is option b.

Explanation:

In a perfectly competitive market or industry, the firms are price takers. The price is determined by the market forces of demand and supply. The individual firms will face a horizontal line demand curve.  

This horizontal line represents the demand curve, price line, average revenue, and marginal revenue. The profit is maximized when the marginal cost and marginal revenue is equal to price.

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In your own words, describe how to optimize a function given a set of constraints
Anni [7]
One method on optimizing a function is by finding the absolute extrema. It is done by having the optimal values continuous including the including the endpoints. I hope my answer has come to your help. God bless and have a nice day ahead!<span>
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3 0
3 years ago
_____ is a rater error in which a rater gives high ratings to all employees regardless of their performance.
Ilya [14]

Answer:

Leniency

Explanation:

Leniency is a rater error in which a rater gives high ratings to all employees regardless of their performance.

Leniency error is when a rater has the tendency to rate all employees at positively, this is positive leniency and occurs at the top of the rating scale or at the low end of the scale negative leniency. Leniency error happens when a manager emphasizes too much on positive or negative behaviors

5 0
3 years ago
Long-term investments tie up money for
Nezavi [6.7K]

Answer:Long-term investments tie up money for More than one year.

One reason why individuals focus on long-term investments is to save for retirement.

A(n) 401(k) allows both employees and employers to contribute to a retirement plan.

5 0
3 years ago
When supervisors directly oversee the actions of employees, monitoring employees' work and correcting problems as they occur, __
pickupchik [31]
The answer to this question is <span>concurrent control
Concurrent control refers to the type of control by management in order to make sure that all employees are meeting the required regulations and standard.
This type of control is used to make sure that employees will always meet company's expectation so the company could realize all of its planned goals.

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7 0
3 years ago
Clemente Co. owned all of the voting common stock of Snider Co. On January 2, 2012, Clemente sold equipment to Snider for $125,0
bonufazy [111]

Answer:

$60,000

Explanation:

Sales Price $125,000

Less BV $140, 000

Loss on Sale $15,000

Equipment transferred at BV (Cost $140,000

Less Accumulated Depreciation. $40,000 $100,000 Depreciation.

For 2012

($100,000/5) $40,000 = $60,000

Therefore the Book Value at 12/31/2012 is $60,000

6 0
3 years ago
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