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Sunny_sXe [5.5K]
3 years ago
6

QUESTION 25 A perfectly competitive firm faces a __________ demand curve. a. downward-sloping b. unit-elastic c. nonlinear d. pe

rfectly elastic e. perfectly inelastic
Business
1 answer:
Alexus [3.1K]3 years ago
5 0

Answer:

The correct answer is letter "D": perfectly elastic.

Explanation:

Perfect Competition is a theoretical market system where competition is at its highest level as possible. Perfectly competitive markets are characterized by:

  • <em>All companies offer an equivalent product.</em>
  • <em>All companies are price takers.</em>
  • <em>All companies have a fairly small market share.</em>
  • <em>Buyers have full quality and pricing knowledge.</em>
  • <em>The company has low barriers or no barriers to entering and leaving an industry .</em>

<em>Plotted in a graph, perfectly competitive goods have a horizontal curve. This is because at any given price any quantity can be demanded. Thus, the curve of perfectly competitive firms is </em><u><em>perfectly elastic</em></u><em>.</em>

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Answer:

B) did not file the complaint within 45 days of the event.

Explanation:

Time limits matter and in this case Catherine should have approached the Equal Employment Opportunity Commission before.

All she can do now is wait until next April and if her work is not properly recognized at that moment, then she should immediately file a complaint (at least before the 45 day limit expires).

5 0
3 years ago
You just sold 300 shares of stock at a price of $42.06 a share. You purchased the stock for $39.80 a share and have received tot
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Answer:

$678

Explanation:

Given that,

Number of shares sold = 300

Selling price of each share = $42.06

Cost of purchasing shares = $39.80 per share

Total dividend received = $1,272

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Total capital gain on this investment:

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= (300 × $42.06) - (300 × $39.80)

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3 0
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A _____ is the vision of the business an entrepreneur wants to start or how to improve an existing business.
Dmitry_Shevchenko [17]

Answer:

Business plan

Explanation:

8 0
3 years ago
What do you think about the 7dream concept for seven- eleven japan? from a supply chain perspective, is it likely to be more suc
VashaNatasha [74]
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From the supply chain perspective, I think 7dream concept will be more successful in Japan than in USA. The reason being the urban customer of Japanese market and convenient access  for them to store and pick up. For place like USA, where population is sparsely distributed to large area, this supply chain concept will not be very effective. For Suburban population, this model will be very inconvenience as they have to drive a long way to store to collect their deliveries, which they could have easily got home delivered via other such services. 

6 0
3 years ago
In the event of a fire, what is the best way to determine if a door is safe to open?
Yuri [45]

Answer: If the door handle is hot or warm that means there is a fire on the other side. But you shouldn’t open a door during a fire only open it if there is no other way to escape and open it slowly cause fire needs oxygen to grow bigger.

Explanation:

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