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ss7ja [257]
3 years ago
12

Due to the nature of its work____ the function does not exist in case of a______

Business
1 answer:
Rufina [12.5K]3 years ago
4 0

Answer:

Due to the nature of its work production the function does not exist in case of  oil refinery

Explanation:

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The correct answer is True.

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A competitive market is one in which there are many buyers and many sellers, so each one has an insignificant influence on the market price. Each seller controls the price to a limited extent, as others offer similar products. You have few reasons to charge a lower price than the current one, and if you charge more, buyers will go to others. Also, no buyer can influence its price, since each one only buys a small amount.

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Multiple Choice Question The business receives and immediately pays a $300 advertising bill. How would this payment affect the t
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d. Expenses would be increased, so equity is decreased.

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