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
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.

You might be interested in
The goal of brand positioning is to explain why one brand is different and better for its target customers, and why the differen
Andrei [34K]

Answer:

True

Explanation:

Brand positioning refers to creating and occupying a place in a prospective customer's mind with respect to a brand. It refers to a brand image created in the minds of prospective customers whenever they think of a brand.

For instance, when a customer thinks of Lacoste, it reminds him of the quality associated with it along with it's French connect.

Brand positioning helps an enterprise distinguish it's own brand from those of the competitors. Also, such an exercise reveals uniqueness of the brand i.e attributes specific of such a brand.

4 0
4 years ago
Using the ______ approach to expatriate compensation, the organization continues to pay the individual at a rate equivalent to t
vodomira [7]

Answer:

Balance sheet approach

Explanation:

As the name suggests, the balance sheet is the statement which followed the accounting equation i.e.

Total assets = Total liabilities + total stockholder equity

It is to be used for set the compensation for the people who live outside their native country that we called expatriate. Its motive to protect the purchasing power while on the duty

Also, in this the organization gives the rate that is equal to the salary given in the home country also the allowances are provided to balance their standard of living

3 0
4 years ago
Lisa quit her $20000-per-year job to start her own economics consulting firm. At the end of her first year of operation, her tot
Illusion [34]

Answer:

Economic profit for the year is

Explanation:

The accounting profit will be Revenue - expenses (150,000-35,000) $ 115,000. However this problem requires us to calculate economic profit. Economic profit is different from accounting profit. While calculating it opportunity costs also become part of expenses as implicit costs. Detail calculation is given below.

Economic profit = 150,000 -35,000-20,000 = $ 95,000

7 0
3 years ago
You must decide between $25,000 in cash today or $30,000 in cash to be received two years from now. If you can earn 8 percent in
Anna71 [15]

Answer:

The deal to receive $30000 is better.

Explanation:

To find the better deal we need to calculate the present value of $30000 and then compare it with the amount $25000. If the amount is greater than the $25000, then the amount should be received after the 2 years.

The given time period (n )= 2

Interest rate (r ) = 8%

The amount received after 2 years = $30000

\text{Present value of money} = \frac{Future \ value}{(1 + r)^n } \\= \frac{30000}{(1+0.08)^2} \\= $25720.16

Since the amount is more than $25000 so the deal to receive the money after 2 years will be better.

5 0
3 years ago
What term defines the prescribed forms and practices of appropriate behavior?.
Anastaziya [24]

The term that defines the prescribed forms and practices of appropriate behavior is called etiquette.

<h3>What is etiquette?</h3>

Etiquette are behavior expected to be complied with people. It means acceptable standard of behavior in the society.

Hence, the term that defines the prescribed forms and practices of appropriate behavior is called etiquette.

Learn more about etiquette here : brainly.com/question/5718637

#SPJ1

4 0
2 years ago
Other questions:
  • Jolene is graduating from high school in May. She received this offer from a university. Financial Analysis for University Costs
    13·2 answers
  • Please help me. Only answer if you know.
    7·1 answer
  • Marketers often scan social media to learn more about what customers think. __________ is a technique in which data from a varie
    5·1 answer
  • A broker operates an office in a town on the state line. A buyer from the adjoining state wants to see homes on both sides of th
    10·1 answer
  • The SCOR model looks at a firm’s supply chain activities in three levels of increasing detail. Level 1 views SCM activities as
    5·1 answer
  • An agency problem can occur when_____________.
    8·1 answer
  • The _____ Act limits the types of assets commercial banks can buy; the amount of capital they must maintain; and the use of deri
    9·1 answer
  • Monte Vista uses the perpetual inventory system. At the beginning of the quarter, Monte Vista has $60,000 in inventory. During t
    15·2 answers
  • Give me food, and I will live. Give me water, and I will die. What am I?
    7·2 answers
  • Given the following financial structure for Company S for all of 2016:
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!