1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
goldfiish [28.3K]
3 years ago
11

In a perfectly competitive market, all producers sell __________ different goods or services. Additionally, there are _________

buyers and sellers. Because of these two characteristics, both buyers and sellers in perfectly competitive markets are price________ .
The market for digital cable exhibits the two primary characteristics that define perfectly competitive markets.

a. True
b. False
Business
1 answer:
Mariulka [41]3 years ago
6 0

Answer:

A

Explanation:

You might be interested in
Sheridan Company has recently tried to improve its analysis for its manufacturing process. Units started into production equaled
klemol [59]

Answer: $3.40

Explanation:

Based on the information given in the question, the materials cost per unit will be calculated thus:

First, we'll calculate the completed units which will be:

= 18500 - 1400

= 17100

Ending inventory = 1400 units

Equivalent Production Unit with respect to Material = (17100 x 100%) + (1400 x 100%)

= 18500 Units

Material Cost Per Unit will be:

= Total Material Cost / Equivalent Production Unit

= $62900 / 18500

= $3.40 per unit

The material cost per unit is $3.40

7 0
3 years ago
Areas that once had vast economic growth and large amounts of industry, but are now suffering from the effects of outsourcing ar
Irina-Kira [14]

Answer:

de-industrialization

Explanation:

Deindustrialization refers to the  phase of social and economic event caused by the elimination or decrease of industrial base or operation in a region or country, in particular of manufacturing industries or mining. It's the reverse of being industrialised.

It is the opposite of  industrialization. Deindustrialization usually happens as it is no longer profitable for a specific industrial activity. It's a phase in which industrial development is eliminated or decreased in a country or area due to a major social or economic transition.

7 0
4 years ago
There are two universities, A and B, in a city. Tuition rises at University A and, as a result, the demand for attending Univers
LenaWriter [7]

Answer:

Substitutes

Explanation:

The education services at the two universities are substitutes to each other. The cross price elasticity of substitute goods is positive which indicates that as the price of one good increases then as a result the demand for other good increases and if the price of one good decreases then as a result the demand for other good decreases.

Now, if there is an increase in the tuition fees at University A, hence, this will increase the price of educational services at University A. Therefore, this will lead to an increase in the demand for educational services at University B.

4 0
3 years ago
One way businesses can solve ethical dilemmas is through:
Viefleur [7K]

Answer: D

Explanation:

An ethical dilemma is a decision making problem between two possible moral imperatives, neither of which is unambiguously acceptable or preferable.

The best way to solve an ethical dilemma problem is to only recruit ethically proven potential workers during interview.

8 0
4 years ago
Charles, the president of an IT company, is friends with Levi, the CEO of Cyber Industries, a company that develops and manufact
Akimi4 [234]

Answer: Option A

 

Explanation: In simple words, Ponzi scheme refers to a scheme in which a company deceit their earlier investor by paying them from the funds of recent investors in the form of profits.

In the given case, Levi deceited Charles by making him believe of a strategy that may or may not exist in his organisation. Thus, he will pay charles from the money that he will gain from the market after the announcement of the new processor.

Hence from the above we can conclude that the correct option is A.

7 0
4 years ago
Other questions:
  • Mutual savings banks are primarily regulated by
    13·1 answer
  • Manny wants to be involved in a business but is not sure which type of business to join or create. He has capital to invest. He
    9·1 answer
  • Slick Sam has a special relationship with his banker. The nature of the relationship is as follows: The bank owes Sam $100 per y
    13·1 answer
  • Three people were fired at abc corporation. eugene was fired because he was incompetent. rita was fired because she was unethica
    9·1 answer
  • The primary reason many people become entrepreneurs is to:
    5·1 answer
  • Benefit payments made on a ____________ basis are not scheduled, but are based on the average fee charged by all doctors in a gi
    13·1 answer
  • When the Fed adjusts its interest rate, it directly influences consumer
    13·2 answers
  • Name two advantages offered by a credit union.
    10·1 answer
  • Cyclical unemployment arises when:______.
    8·1 answer
  • Which of the following is a similarity between a sole proprietorship and a partnership?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!