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
Amanda [17]
2 years ago
12

Why are suppliers in purely competitive market efficient? What is the result of that efficiency

History
1 answer:
tatiyna2 years ago
5 0

Answer;)

Purely competitive markets are good for society because it forces firms to achieve maximum efficiency (productive and allocative efficiency). Requires that goods be produced in the least costly way. Firms are forced to produce at the minimum average total cost in the long run.

Explanation:

Brainliest if you will and when you can.

You might be interested in
PLEASE HELP QUICK!!!!
ahrayia [7]

Answer:

i got u

It was important for the founding fathers to have a way the constitution should be amended because they understood that as time goes on there's going to need to be changes made to keep up with society. As the United states has added amendments ones that reflect the country as a whole are the 15th and 19th amendments because they grant African americans(15th) and WOmen (19th) the right to vote. The constitution's amendment process was made very had to keep in place the political deals that were made in place.

Explanation:

5 0
3 years ago
The basic requirements for industry's growth are capital, natural resources, and workers. True False
polet [3.4K]
<span>All are true. Without natural resources there can be no production and trade. A young and a healthy workforce is necessary to produce and manufacture in order to ensure that capital is flowing and the economy and trade are prospering. There are other factors that might influence it but these three are the main ones in ideal societies. </span>
4 0
3 years ago
5. Roe v Wade legalized abortion without interference from the government during the first trimester of pregnancy because of a w
belka [17]

Answer:

C. right to health

Explanation:

This makes the most sense, given the context of the question. Roe v. wade intended to make abortions legal, so all women have access to proper healthcare and are granted the right to decide what is best for their health/well-being.

5 0
3 years ago
Which of the following would marco polo most likely have said about the Yuan dynasty under kublai khan?
Roman55 [17]
Among the choices the statement that would marco polo most likely have said about the Yuan dynasty under kublai khan is <span>"I fear the empire will collapse for lack of structure and security"

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
</span>
6 0
3 years ago
Read 2 more answers
2. Banks are businesses. Like other businesses, they seek profit. How do they earn profit?
Margarita [4]

Answer:

2. Banks are businesses. Like other businesses, they seek profit. How do they earn profit?---------->Banks offer mostly services and practically no goods. Banks allow depositors to earn interest on their money, and they can supply borrowers with loans to buy houses, cars, etc. The interest from these loans is one of they ways they profit.

Why might an individual want to use a bank? Give an example of why a person would use a bank.--------->An individual would want to use a bank because of some reasons. One is that it is a safe place to keep their money. Another reason is that there is an interest when you put your money in a bank. Which means your money will continue to grow

Why might a business want to use a bank? Give an example of why a business owner would use a bank. -------------->A business might want to use a bank in order to have a safer and surer way to keep and monitor money. The costs of using  a bank to a certain business owner is that you have to pay the bank in keeping your money. The benefits would be that the money is sure and withdrawing and depositing is convenient. For example, if money isn't kept in a bank and when there is a disaster such as fire, the money will be burnt with the establishment.

What is the Federal Reserve?-------------->the federal banking authority in the US that performs the functions of a central bank and is used to implement the country's monetary policy, providing a national system of reserve cash available to banks. Created in 1913, the Federal Reserve System consists of twelve Federal Reserve Districts, each having a Federal Reserve Bank. These are controlled from Washington, DC, by the Federal Reserve Board consisting of governors appointed by the US president with Senate approval.

The money supply is the total amount of money available in the economy. How do changes in the money supply affect people and businesses?--------------->Changes in the money supply affect people and businesses in a variety of ways. The size of the money supply can increase and decrease the cost of borrowing or the rate of interest thus making it easier or harder for businesses and individuals to borrow money. Also the size of the money supply or a nation's monetary policy can influence inflation and the growth of an economy which influences both individuals and businesses as well.

Explanation:

hope this helps mark me as brainliest

8 0
3 years ago
Other questions:
  • Explain the purpose of the Justinian Code in 100 words.
    9·1 answer
  • Who established a training program for female nurses during the civil war?
    15·2 answers
  • Approximately how many French troops were sent to fight in the Revolutionary War?
    7·2 answers
  • Which event led the United States to enter World War II?
    7·2 answers
  • Which event occurred in Concord during April of 1775
    12·1 answer
  • what is the line of argument on history against the violation of human rights from the 1950s to 1960s??​
    11·1 answer
  • Define this term A. Federalism
    7·1 answer
  • How did congressional Republicans and Democrats respond to President Bush's proposed changes to immigration law?
    9·2 answers
  • What best describes the Farmers' Alliances?
    5·1 answer
  • Texas was annexed to the united states as a result of:
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!