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dmitriy555 [2]
3 years ago
8

Perfect competition is characterized by Group of answer choices many buyers and few sellers. many buyers and many sellers. few b

uyers and many sellers. a few companies that control the market. few buyers and few sellers.
Business
1 answer:
algol133 years ago
7 0

Answer:

Many buyers and many sellers

Explanation:

Perfect competition occurs in a market where we have a large number of buyers and sellers selling the same products with no restriction to information and minimum governmental influence.

Its characteristics include many buyers and sellers , undifferentiated products ,no barrier to entry and exit .

It does not allow excess profit as companies make just adequate profit to say afloat in business.

It is used as a standard for real life market.

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Based on your understanding of the how these firms differ, identify which of the following are factors that affect multinational
scZoUnD [109]

Answer:

Language differences that make communication challenging among employees and managers.

Cultural diversity that affects the code of conduct of business.

Explanation:

Multinational firms are firms that operates and transact business activities outside their country of incorporation.

Despite the advantages of an extended reach and flexibility in operation , it also faces some challenges.

Language differences as different ethnics and culture are involved ,brings a challenge in communication between employees and manager. Citizen of a  francophone nation will struggle to communicate with another from an anglophone country.

Another challenge as mentioned in the question is that the code of conduct could be also be affected due to cultural diversity.

5 0
3 years ago
'As fewer people buy gym memberships, the demand for running shoes will decrease and the price of a pair of running shoes will i
olchik [2.2K]

Answer: "The rise in the price of a pair of running shoes will increase the supply of running shoes".

This statement is <u><em> false</em></u> because <em><u>a decrease in demand for running shoes does not increase the price of a pair of running shoes and an increase in the price of a pair of running shoes does not increase the supply of running shoes. </u></em>

This occurs as the price of a pair of running shoes increases,therefore decreasing the demand and thus the supply will not increase.

4 0
3 years ago
I want to know what is the correct thing to invest into
vladimir1956 [14]

Answer:

Roth ira

Explanation:

Because you are sort of young, you should invest into a roth ira, because there are retirement tax breaks put on it, plus in an smp 500 account it will grow with the market at about 8% interest per year on average. this is good, because it is pretty much guaranteed growth. that will double the amount of money for 5 or 6 times over creating a nice retirement fund for your old age, but honestly there are other strategies, this is just for sticking money in the ground and forgetting about it, letting it grow for you. low risk, and relatively high reward after a long period of time.

hope this helps

7 0
3 years ago
Your company will generate 73,000 in annual revenue each year for the next eight years from a new information database. If the a
lys-0071 [83]
$73,000x8.5%=$6,205 for one year
I believe you are looking for either this number or $6,205x8?
$49,640 for 8 years
4 0
3 years ago
In _____, products are made according to customer specifications.
Alisiya [41]
Mass customization (build to order)
4 0
3 years ago
Read 2 more answers
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