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balu736 [363]
3 years ago
5

A perfectly competitive firm is a: Group of answer choices price taker, because it must accept the market equilibrium price. pri

ce participant, because it can coordinate its pricing decisions with other firms. price maker, because it has the freedom to set the selling price. price leader; it can change its price and other firms will adjust.
Business
1 answer:
den301095 [7]3 years ago
6 0

Answer:

A.  price taker, because it must accept the market equilibrium price.

Explanation:

A perfectly competitive firm is an ideal firm in which different firms sell products that are homogeneous or similar in nature. They are price takers because the prices of goods are determined by changes in demand and supply, therefore they must accept the market equilibrium price. They do not attempt to fix the prices of commodities. The opposite of this type of firm is a monopoly where a firm has complete control of a market, having the ability to change prices as it wills.

An example can be found among businesses that sell similar kinds of products. It could be in the form of grocery stores that sell similar wares. When any of the sellers leave the market, it does not affect the other sellers as their prices are at equilibrium. Therefore, anyone can enter or exit this type of market.  

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If the European subsidiary of a U.S. firm has net exposed assets of 750,000 Euros, and the euro drops in value from $1.30/euro t
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The correct answer is:

b. loss of $75,000
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2 years ago
Ultimately, multinational corporations that pursue an international strategy, their headquarters keep tight control over marketi
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The answer is true. A multinational corporation is one that exports internationally or offers services to customers or clients in other company. The initial step in most organizations' global development plans is typically an international strategy, which involves exporting or importing goods and services while marketing maintaining a headquarters or offices in their home country.

There is no one method that works for all business ventures that involve global expansion. Multinational corporations may decide to invest more in their target markets as they expand and scale.  Depending on your objectives and business style, expanding your company internationally by marketing takes on numerous forms.

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5 0
1 year ago
The probability of survival for an international business increases if it: Group of answer choices A. enters a national market a
Vika [28.1K]

Answer:

A. Enters a national market after several other foreign firms have already done so.

7 0
3 years ago
Utility refers to Multiple Choice the benefits or customer value received by users of the product. the fixed costs associated wi
kotykmax [81]

Answer:

A. the benefits or customer value received by users of the product.

Explanation:

Utility refers to the benefits or customer value received by users of the product. This ultimately implies that, any satisfaction or benefits a customer derives from the use of a product or service is generally referred to as a utility. These utilities can be classified into four (4) main categories and these are;

1. Time utility: this is associated with the benefit or customer value received by users of a particular product when needed or at the right time.

2. Form utility: it is the satisfaction or benefits a customer receives from the provision of alternatives or production of close substitutes.

3. Possession utility: it involves making goods and services readily available for customers to purchase or use.

4. Place utility: it involves making a good provision of outlets or shops where customers can easily find or come to when purchasing products.

4 0
3 years ago
Robert is the sole shareholder and CEO of ABC, Inc., an S corporation that is a qualified trade or business. During the current
goldenfox [79]

Answer:

A. $287,000

B. $192,050

Explanation:

a. Based on the information givenwe were told that company ABC had net income of the amount of $287,000 after deducting Robert's salary of the amount of $86,100 which therefore means that ROBERT'S QUALIFIED BUSINESS INCOME will be the amount of $287,000.

b. Calculation to determine whether your answer to part (a) would change if you determined that reasonable compensation for someone with Robert's experience and responsibilities is $181,050

Based on the information given the amount of $192,050 will be the additional amount of salary that can be deducted which is Calculated as:

=[$287,000 - ($181,050-$86,100)]

=$287,000-$94,950

=$192,050

5 0
3 years ago
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