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laiz [17]
3 years ago
6

Which is a feature of a perfectly competitive market?

Business
1 answer:
levacccp [35]3 years ago
8 0

Answer: products are standardized or homogeneous

Explanation:

 Products are standardized or homogeneous for the perfectly competitive market as, in the case of the competitive industry there are no barriers in the industry to entry. The products are homogeneous in the nature and there is large numbers of the firms are perfectly substituted in the industry. So, the price elasticity of the demand for the firm product is infinite.

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Marat540 [252]

Answer:

a. Taking the train into Boston, Katie reviewed the meeting minutes.

Explanation:

This is the best way to rewrite this sentence in order to avoid the problem of the dangling modifier. A dangling modifier is a word or a phrase within a sentence that modifies a word that is not clearly stated. In this case, the original sentence makes it sound as if the meeting minutes were the ones taking the train into Boston. The reviewed sentence gets rid of this confusion.

8 0
3 years ago
Calhoun Crockery sold merchandise; the total proceeds collected, including a 7% sales tax, amounted to $74,900.
Gala2k [10]

Answer:

Option (b) is correct.

Explanation:

Sale value of the merchandise = $74,900

Sales tax liability = $74,900 × (7% ÷ 107%)

                         = $4,900

Sale value prior to sales tax = $74,900 - $4,900

                                               = $70,000

Sales tax @7% on $70,000 = $4,900

Hope the above calculation will clear the concept since the question clearly mention that

Calhoun Crockery sold merchandise; the total proceeds collected, including a 7% sales tax, amounted to $74,900.

This $74,900 includes 7% tax also it means that the collected proceed is 100% + 7% = 107%

which includes 7% tax liability.

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3 years ago
Pwease help me. I need so much help
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Jdjdjjdjdjjdjdjxnnxnnxnxjdjfnfnjtjfjjfjfbcbch hh b h
5 0
3 years ago
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How does SEO impact the way that marketers write their ads?
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Answer:

It enhances the marketing scopes and magnifies to reach for a particular brand by attracting an increasing number of potential users

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