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
vichka [17]
2 years ago
13

Many economists believe that the market for wheat in the United States is an almost perfectly competitive market. If one firm di

scovers a technology that makes its wheat taste better and have fewer calories than all other wheat offered in the market, the wheat market would become less competitive:
Business
1 answer:
disa [49]2 years ago
3 0

Answer:  c. the products would no longer be similar in the wheat market.

Explanation;

In a perfectly competitive market, goods are meant to be homogeneous which leads to stiffer competition as a consumer could just switch from one seller to another and still get the same utility as all products are similar.

If one product starts to taste better and have fewer calories, the products in the market will no longer be homogeneous and competition will decrease because switching to this newer wheat would increase a consumer's utility as opposed to not therefore more people will switch and other competitors will not be able to compete unless they start producing better wheat as well.

You might be interested in
You volunteer to participate in a game in which you are told that you and another participant, whom you will never meet but is p
Juliette [100K]
Friend or Foe game
See "Game Theory" for more info
3 0
3 years ago
Elijah and anastasia are husband and wife who have five married children and nine minor grandchildren. for 2015, what is the max
s344n2d4d5 [400]
To get the answer, you need to calculate this:
19 donees (5 married children + 5 spouses + 9 grandchildren) ×$14,000 (annual exclusion for 2016) × 2 donors (Elijah and Anastasia) = 19(14000) (2)
=19(28000)
=532,000
Through this, you will get the answer of $532,000
4 0
3 years ago
Read 2 more answers
What can you expect when you ask clients for testimonials?
Bogdan [553]
Most clients rather than write out a testimonial are more willing to approve a testimonial that you've written as it saves time for them and improves their relationship with you.
5 0
3 years ago
A bank owns a 10-story office building. In the bank's balance sheet, this would be listed as part of?
ziro4ka [17]

A 10-story office building is owned by a bank. This would be an example of a chequable deposit on the bank's balance sheet.

An organization's assets, liabilities, and shareholder equity are listed on a balance sheet, which is a financial statement. One of the three primary financial statements used to assess a company is the balance sheet. It offers a snapshot of the assets and liabilities of a corporation as of the publication date.

A balance sheet is a summary of the financial positions of a person or an organization in financial accounting, regardless of whether they are a sole proprietorship, a business partnership, a corporation, a private limited company, or some other type of entity like a government or not-for-profit entity.

Learn more about balance sheet here

brainly.com/question/1113933

#SPJ4

5 0
1 year ago
What is an investment report that is given to potential investors called?
Bas_tet [7]
A prospectus is given to potential investors.
4 0
3 years ago
Read 2 more answers
Other questions:
  • The result of a decision made or an action taken is known as a(n):
    8·2 answers
  • Distinct characteristics of service operations include which of the following?
    9·1 answer
  • On January 1 Revis Consulting enters into a contract to complete a cost reduction program for Green Financial over a six-month p
    13·1 answer
  • You own factory A and factory B. The next cash flow for each factory is expected in 1 year. Factory A has a cost of capital of 3
    14·1 answer
  • How many economic impact payments were there in 2021.
    8·2 answers
  • Match the method of exchanging information with its description
    5·1 answer
  • A trademark is an exclusive right granted to its owner to publish and sell a musical, literary, or artistic work during the life
    7·1 answer
  • Kegler Bowling buys scorekeeping equipment with an invoice cost of $165,000. The electrical work required for the installation c
    5·1 answer
  • You gave some clothes for. dry cleaning. Your suit was spoiled you went to the dry cleaner and made the compliant .
    14·1 answer
  • Equipment that cost $54,000 and had $30,000 of accumulated depreciation was disposed of for $27,000 cash. The entry to record th
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!