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chubhunter [2.5K]
3 years ago
10

Why do purely competitive markets tend to benefit consumers over producers? Companies control quality and supply. Companies work

together to set prices favorable to consumers. Competition is driven by factors other than price. Consumers control price through demand.
Mathematics
2 answers:
Alina [70]3 years ago
5 0

Answer;

-Consumers control price through demand.

Purely competitive markets tend to benefit consumers over producers because consumers control price through demand.

Explanation;

-In a purely competitive market, there are large numbers of firms producing a standardized product. The market prices are determined by consumer demand; suppliers have no influence over the market price, and thus, the suppliers are often referred to as price takers.

Tom [10]3 years ago
3 0
In general, purely competitive markets tend to benefit consumers over producers because "<span>Consumers control price through demand". Although perfect competition is practically impossible. </span>
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When solving negative one over five (x − 25) = 7, what is the correct sequence of operations? (5 points) a Multiply each side by
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Answer:

Hello!!

When solving -\frac{1}{5} (x-25)=7, the correct sequence of operations would be...

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Step-by-step explanation:

When completing the order of operations use PEMDAS Parentheses, Exponents, Multiplication and Division (from left to right), Addition and Subtraction (from left to right).

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Which is the equation of a circle with center (-2, 3) and radius r = 5?
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Step-by-step explanation:

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3 years ago
What is the solution to the expression Negative 2 minus 3 minus (negative 4)? A number line going from negative 10 to positive 1
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The solution of the expression is -1 ⇒ 3rd answer

Step-by-step explanation:

Let us revise some important rules on the number line

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  • If we subtract a number from another number we move to left

∵ The expression is negative 2 minus 3 minus (negative 4)

∵ negative 2 = (-2)

∵ minus means (-)

(-2) minus 3 means move 3 units from (-2) to left, so you will pass -3, -4, and stop at -5

∴ (-2) - 3 = -5

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∴ -5 + 4 = -1

∴ The expression (-2) - 3 - (-4) = -1

The solution of the expression is -1

Learn more:

You can learn more about the directed numbers in brainly.com/question/10364988

#LearnwithBrainly

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