All categories

3 years ago

Who would benefit more from pure competition compared to other forms competition, producers and consumers

1 answer:

8 0

Consumers will benefit more from pure competition that producers. Pure competition means that consumers have many choices and can choose to buy from many producers. If they are unhappy with one product, it would be easy to switch to another. So if economic principles hold true, consumers would benefit from this type of arrangement. The opposite of this would be a monopoly where the producers have all the power and the consumer has little to no choice.

You might be interested in

Help with This question

MissTica

Answer: Arial. 12 and black

Explanation: It is the most professional and clear to read. It is very important to use fonts, sizes, and colors people can clearly read.

5 0

3 years ago

Accounting for pensions receives more attention in the United States (US) than in other countries. Discuss reasons that would ex

PtichkaEL [24]

Answer:

I. Lack of a proper pension system

II. Corruption

III. Lack of interest.

Explanation:

I. Lack of a proper pension system: Some countries especially in the developing countries have no proper pension system which makes them not to put good attention to pension accounting

II. Corruption: This is one of the main reasons why pension accounting is given less accounting in many countries of the world, as some leaders usually wants to create room to loot the funds of the pensioners.

III. Lack of adequate interest: Some countries of the world give less focus and emphasis on the plights of pensioners which makes them not to put good effort to their issues or pension accounting.

6 0

3 years ago

Agricultural researchers plant 100 plots with a new variety of corn and measure the mean yield for these plots in bushels per ac

kogti [31]

Answer:

Explanation:

95% confidence interval gives the lower and upper limit for the mean corn yield per acre

Lower limit is 128.4 bushel per acre and upper limit is 131.6 bushel per acre

7 0

4 years ago

The promotional tool that stimulates consumer purchasing and dealer interest using short term activities such as displays and tr

Andrews [41]

The promotional tool that stimulates consumer purchasing interest with the help of using short-term activities such as displays and trade shows is sales promotion programs.

<h3>What do you mean by sales promotion?</h3>

Sales promotion applications are designed to complement private selling, advertising, public relations, and different promotional efforts. Sales promotions can take vicinity within and outside of the company.

Therefore, The promotional tool that stimulates consumer purchasing interest with the help of using short-term activities such as displays and trade shows is sales promotion programs.

Learn more about sales promotion:

brainly.com/question/14772910

#SPJ1

4 0

2 years ago

Which is the best measurement to use to determine who might have the absolute advantage?

Makovka662 [10]

Answer:

low opportunity cost

Explanation:

Opportunity cost is described as a process in which an individual sacrifices something when they tend to choose one thing or option over another option or thing.

Low opportunity cost: The term "low opportunity cost" is determined as the possibility of an individual's chosen investment returns to be lower than the forgone investment's returns.

4 0

4 years ago