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nekit [7.7K]
3 years ago
10

Determine which market model best describes the scenario:

Business
1 answer:
ludmilkaskok [199]3 years ago
8 0

Answer:

c) Perfect Competition

Explanation:

A perfect competition is characterised by many buyers and sellers of homogenous goods and services. There are no barriers to entry and exit of firms. Firms are price takers

A monopolistic competition is when there are many buyers and sellers of differentiated goods and services. Sellers set their market price.

An oligopoly is when few large firms dominate an industry. There are really high barriers to entry and exit of firms.

A monopoly is when there is only one firm operating in an industry. There are high barriers to entry and exit of firms. The firm sets market price.

In this question, the market model describes a perfect competition because there are many sellers of identical goods (pasta).

I hope my answer helps you

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Progressivism dbq where will you put your million dollars answers
lyudmila [28]

The correct answer to this open question is the following.

Unfortunately, it seems that something is missing here. "Progressivism, where will you put your million dollars answers?" is the section of the examination, but it is not a specif question.

So what is what you want to know?

However, trying to offer some help, we can comment on the following.

Progressivism was the period in the history of the United States during the end of the 1800s and the beginning of the 1900s, in which many social leaders demanded changes to the consequences of the industrial era and exposed the ways fabrics and industries exploited workers and children. It also was a time when "muckraker" journalists exposed the corruption of the federal government. It was a true time of changes in America.

Those progressive leaders and their ideas made the government to create the kind of legislation to change things for the better in the country.

6 0
3 years ago
The best way to build a strong network of people who help you is to
Andrej [43]
Communicate positively, and encourage other people
7 0
3 years ago
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Paying higher wages encourages workers to be more productive. Higher wages cause workers to shirk more of their responsibilities
bixtya [17]

Answer:

The answer is "Choice First and third"

Explanation:

Please find the complete question in the attached file.

The higher wages will improve the productivity of workers in various ways, that are salary with the number of workers exceeds the cost of labor, in the fewer countries. It can be associated with both the poor diet and over-market wages in these environments can enable the workers of the company to remain fit and efficient. The fewer employees may decide to seek other employment opportunities when a business pays salaries just above the current market price. This elimination of employee sales will minimize company training costs because new employees need to be trained.

3 0
3 years ago
Roles of private sectors in tourism in Africa
larisa [96]

The roles of private sectors in tourism in Africa include the following:

  1. Investing in the tourism sector with time and money.
  2. Reducing trips to destinations outside of Africa.
  3. Identifying holiday centers and attractive sites
  4. Developing beaches.
  5. Promoting tourist products through Social Media.
  6. Encouraging adventure tours.

<h3>What is tourism?</h3>

Tourism is the process of spending time away from your home for the following purposes:

  • Recreation
  • Relaxation
  • Pleasure
  • Using commercial services.

In Africa, tourism centers have been identified in Uganda, Algeria, Egypt, South Africa, Kenya, Morocco, Tunisia, Ghana, and Tanzania.

The types of tourism include:

  • Adventure tourism
  • Beach tourism
  • Cultural (food) tourism
  • Ecotourism (experiential tourism)
  • Medical tourism
  • Wildlife tourism.

Thus, the private sectors in Africa have different roles in tourism development.

Learn more about tourism in Africa at brainly.com/question/3079557

6 0
2 years ago
For each of the following, determine the amount of net income or net loss for the year. a. Revenues for the year totaled $71,300
Anika [276]

Answer:

a) Net income of $35,800

b) Net income of $45,000

c) Net loss of $23,000

d) Net income of $23,950

Explanation:

Net income is the difference between the revenue and expense.

Where revenue is more than expense, we have a net income otherwise, a net loss.

a) Net income = $71,300 - $35,500

= $35,800

b) Net income =  $220,500 - $175,500

= $45,000

c) Net loss =  $149,000 - $172,000

= - $23,000

d) Net income = $198,150 - $174,200

= $23,950

4 0
3 years ago
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