Answer: False
Explanation: In simple words, competitive market refers to the market structure in which there are large number of buyers and sellers, individual operating at a small level.
Due to the high number of buyers and sellers in the market no individual participant is able to impact or fix prices. All the buyers and sellers have to trade on prices that are determined by the market forces of demand and supply.
Consumers are price takers in such a market as no individual consumer has the ability to trade in all of the stocks and one only deals with a minor portion of the total business available. Thus, from the above we can conclude that the given statement is incorrect.
Answer: Savings accounts
Explanation: Savings accounts pay interest on the money you deposit. Savings accounts allow an unlimited amount of withdrawals each month. Savings accounts may require you to maintain a minimum balance to avoid paying a fee. Savings accounts are best used to store money for longer-term goals.
Answer:
both
Explanation:
an entrepreneur primarily does the first, but the second is true because taxes are collected on materials which are sold.
Yes you can. The hand book says a minor and minors are under 18. I hope I helped you.
Transfers Transfer payments.
Specialization Limiting production to fewer goods and services than consumed, perhaps those whose production entails lower opportunity cost.
