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jeka57 [31]
4 years ago
7

For a market to be competitive:a. each buyer and seller is small, relative to the whole market; no single decision-maker has any

influence over the market price.B.sellers must produce goods and services that are different from their competitors.C.sellers should have substantial pricing power.D.the price must be a fair price
Business
1 answer:
kirill115 [55]4 years ago
7 0

Answer: Option (A) is correct.

Explanation:

Each of the buyer and seller are small when we are relating it with the whole market. so, there will be no power in the hands of a single decision maker and if a firm wants to change their prices then it will not have any influence on the market price. In a competitive market, there are large number of buyers and sellers, thus, one buyer or seller doesn't have any impact on the market price.

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On January 1, Year 1, Boyd Corporation accepts a $10,000 three-month, nine percent promissory note from one of its customers. To
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Answer:

The borrower records its receipt of cash and new liability with this entry

Jan 1             Notes Receivable   $10,000 Dr.

                             Sales / Accounts Receivable         $10,000 Cr.

Received Note of 3 months with  9% interest

The entry would  credit to Sales if it is received against sales or credit to account receivable isf it is received against accounts receivable for a further time period as the case may be.

6 0
3 years ago
In one city, Biggies', a competing retail outlet, opens a store across the street from a Sam-Mart. A battle for business ensues.
maria [59]

Answer:

A.

Explanation:

In business, the term positioning is defined as a position where items or products stand in comparison with other products and services in the market.

External positioning refers to placing the price of services and items by taking cues from other similar products and services in the marketplace.

In the given case, the two companies are engaging in external positioning. Therefore, option A is correct.

6 0
3 years ago
Deer consume 10,000 kg of grass per month, and their secondary production is 2,000 kg per month. if their assimilation efficienc
iris [78.8K]
Assimilation efficiency quantifies the ratio between the organism's used energy for growth and production of new cells and tissues, and others. 

We let x be the amount of substance assimilated. 

                          AE = x / 10,000

From the given, AE is equal to 0.5. Substituting,

                          0.5 = x/10,000
                              x = 5,000

Production efficiency on the other hand is the ratio of the amount of substance used for production compared to the assimilation. Mathematically,
 
                                       PE = 2,000 / x = 2,000/5,000

                                             PE = 0.4

This is equivalent to a percentage of 40%. 
3 0
4 years ago
All of the cells in the body need oxygen. Hemoglobin molecules in red blood cells transport oxygen through the bloodstream. Oxyg
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Answer:

D. the high partial pressure of oxygen in the lungs

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  • Due to the presence of the dissolved oxygen concentration in the body that these molecules in the lungs are unloaded and then merges with the tissues.
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4 years ago
What is the definition of an entrepreneur
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That done the definition of you and your best friend my niece you and your best friend
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3 years ago
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