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3 years ago

In a perfectly competitive market

Business

1 answer:

lawyer [7]3 years ago

6 0

Answer:

D. No seller can influence the price of the product

Explanation:

A perfect market for competition is a market which has a high level of competition.

It has the following features-

1. With regard to the market, knowledge is perfect in this rivalry between producer and consumer.

2. Free entry, and exit

3. Deals with same or homogeneous products

4. The buyers and sellers are more in this market

5. There is no transport cost

Moreover, the average revenue and the marginal revenue are equal.

So, the correct option is D.

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assuming that prices rise over time, which inventory cost flow assumption will result in the lowest cost of goods sold?

12345 [234]

Answer: FIFO

Explanation:

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3 years ago

The _________ __________ of a speech are the major ideas that you will relay to receivers through your speech.

Eddi Din [679]

The main points of a speech are the major ideas that you will relay to receivers through your speech. This is the important point you want the audience to bear in mind. This is the primary purpose <span>of your speech. This is the backbone of your talk that you believe would be useful for the audience. The main points usually </span>have<span> these three basic needs – the claim, the explanation, and the evidence. You want to claim something so you are going to explain it to your audience. In order to persuade your audience, you will be providing evidences supporting your claims.</span>

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3 years ago

Cassie is going to join a gym because new membership is very cheap. When she gets there, she discovers that there are added cost

siniylev [52]

Available options are:

a. Normative influence

b. Door-in-the-face

c. Foot-in-the-door

d. Lowballing

Answer:

Option D. Lowballing Strategy

Explanation:

Lowballing strategy is when an organization advertises its low cost product or service and doesn't advertises the hidden costs to attract customers. The customer when interacts the company the sales team most likely make sales due to their experience. Such type of marketing products is common in printers whose cost is kept low whereas the tuner price is kept high which helps them to earn profit.

8 0

3 years ago

Your client has been given a trust fund valued at $1.07 million. He cannot access the money until he turns 65 years old, which i

slega [8]

Answer:

285 Months

Explanation:

n = 30 years × 12 = 360

percent rate = 5.0 % divided by 12 = 0.417.

Now recalling the statement of time value for money,

We have future value = present value × ( 1 + rate) ∧ n

future value = 1, 070,000 × ( 1 + 0.417 ) ∧ 360

future value = 3.33065667 E 60

At age 65, the value 3.33065667 E 60 will be the present monthly withdrawal at $28,500.

present value of ordinary annuity, = annuity ( 1 - (1 + r) ∧ -n ÷ r

= 3.33065667 E 60 = 28500 (1 - ( 1 + 0.417) ∧ - n ÷ 0.417

= 3.33065667 E 60 ÷ 28500 = (1 - ( 1 + 0.417) ∧ - n ÷ 0.417

1.168651462 E 56 = (1 - ( 1 + 0.417) ∧ - n ÷ 0.417

we now introduce logs to determine the value of n

Solving further, we discovered that n= 285.

Therefore, the number of months it will last one he start to withdraw the money is 285 month

6 0

3 years ago

A current emphasis in supply chain management is to make the process of ordering as simple as possible, often through electronic

Valentin [98]

Answer:

The correct answer is a. quick response and efficient consumer response delivery systems .

Explanation:

Rapid response systems, as the name implies, seeks to simplify the order process by making it as simple and fast as possible. This is of great importance to large store buyers who handle large volumes of inventory and require a quick response on availability and the time it would take for a new order to arrive to fill their shelves. Technology is important in this process because of its ability to generate data instantly, and because the transmission of information is done just a click away.

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3 years ago