Answer: C.) Horizontal sum of all the individual firm's supply curve
Explanation: A perfectly competitive market, is that in which sellers or suppliers of a certain product are numerous such that a slight increase in price, and demand could fall to 0. Here, an individual seller has no control over the price of commodities. The supply curve tells how much quantity will be produced at different prices. Therefore the market supply curve is determined by all individual sellers individual price in other to determine the overall quantity to be produced at varying market price. Prices are drawn horizontally from the y-axis to determine quantity produced at different prices for each indivudual seller which is summed to generate the market supply curve.
When paraphrasing, you must summarize the info without losing any of the key points.
You could say "Please submit your <u>budget requirements</u> for <u>major purchases </u>in order of highest <u>priority </u>to lowest priority to assist in <u>annual planning</u>."
This sentence hits all of the key elements more succinctly.
D.All of the above
Because all of the above will cause it
Both must be familiar with the new and old products as well as updates and quick fixes. However those in corporate are in charge of developing new products and keeping the older ones updated.
Answer:
True
Explanation:
A multinational company is a company that operates internationally,by internationally I mean it operates in many countries of the world,whereby business downside in one country is counterbalanced with upside elsewhere.
Electricity City operates businesses in more than seven countries of the world in diversified business sector,hence no doubt it is a multinational company.
Business success in one jurisdiction can be used to rectify business failure in another country,hence business diversification is achieved through international operations.
