Answer:
small; standardized; little or no
Explanation:
A perfect competition is when there are many firms in an industry selling standardised or identical goods and services. It is characterised by many buyers and sellers . Sellers have small market share because of the large number of sellers in the market. Prices are usually set by market forces. Sellers cannot influence the price their products sell for , therefore, they are price takers.
There is little or no need for advertising as all firms sell identical goods.
I hope my answer helps you.
The answer is net income
Net income is the amount of capital that the Company's made during an operational year after all relevant expenses have already been deducted.
Some amount of the net income will be shared to shareholders according to the percentage, and some of it will be put in company's capital to expand the operation.
<span>One reason taco bell raised its prices was the result of an increase in costs.</span>
Answer:
Establish incentives for autonomous division managers to make decisions that are in the overall organization's best interests (i.e., goal congruence).
