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]
3 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]3 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
Armstrong is a well-known producer and seller of rose bushes. The company's marketing manager is interested in knowing what gard
Ilya [14]

Answer:

An example of primary data that Armstrong could use in this research project is:

d. Discussions among focus groups made up of small number of gardeners led by an interviewer.

Explanation:

Primary data is directly collected by the researcher.  It is the opposite of secondary data, which is data collected from primary sources and made available for use in a research.  Primary data is first-hand information collected during a research project.  Focusing on the discussions by gardeners will enable Armstrong to assess their perceptions about rose as a high-maintenance plant.

7 0
2 years ago
Who benefits from an import-substitution strategy? who is harmed?
Aloiza [94]

Answer:

Import substitution industrialization (ISI) is a trade and economic policy which advocates replacing foreign imports with domestic production. Domestic consumers benefit from import substitution as they do not have to face strong competition from foreign competitors and can sell their goods at a higher price. So for example manufacturers in USA sell a battery from $10 but consumers from USA have the option to import that battery at $7 from China the US manufacturers wont be able to compete as Chinese companies have lower cost of production therefore they can sell cheaper and in order to protect the local manufacturers the government may use an ISI strategy to help the local manufacturers. On the other hand consumers are harmed from this strategy as they cannot buy the cheaper product because of change in government strategy. So consumers who were buying the battery at $7 not have to buy it at $10.

Explanation:

5 0
2 years ago
_____ season is when the weather is best in a locale and when many people have time off for vacation.
timurjin [86]

Answer:

high

Explanation:

the most popular time of year at a resort, hotel, or tourist attraction, when prices are highest

8 0
2 years ago
Read 2 more answers
6.You now have the agreement with the company and will sign the contract as you and the company are satisfied with the contract
Alex_Xolod [135]

A- Gather information

B- Manage concessions

C- Manage time

D- Build the relationship

7.You and the other party have either come to an agreement on the terms, or one party has decided that the final offer is unacceptable and therefore must be walked away from. Most negotiators assume that if their best offer has been rejected, there’s nothing left to do. You made your best offer and that’s the best you can do. This represent which of the negotiation process element?

A- Gather information

B- Manage concessions

C- Manage time

D- Build the relationship

8.Assemble the information you’ve gathered in a way that supports your position. You can present facts that show what you will contribute to the organization in the future, which in turn demonstrates your value. This represent which of the negotiation process element?

A- Gather information

B- Manage concessions

C- Manage time

D- Build the relationship

5 0
2 years ago
PLEASAE HELP ME YOU GUYS!!!!!!!!!!!!!!! 40 POINTS IF YOU ANWSER ALL!!!!
Natasha_Volkova [10]

Answer:

1. threats to the company

2. is product

3.true

4. sending out press release

8 0
2 years ago
Other questions:
  • Generating ideas by comparing specific project practices or product characteristics to those of other projects or products insid
    6·1 answer
  • There is _____ to say that a company's socially responsible actions significantly hurt its long-term economic performance.
    14·1 answer
  • i. Lawyers are changing their pay structures. It used to be that they would bill hourly (top dollar for top lawyers, less experi
    6·1 answer
  • The shortest type of distribution channel is called a _____.
    12·1 answer
  • What is the purpose of the New Window command?
    14·1 answer
  • Charles is a consultant living in a rented apartment. Which of the following statements would represent a logical position for h
    12·1 answer
  • KLA Company provided the following data for 2018: sales, $800,000; beginning inventory, $40,000; ending inventory, $45,000; and
    9·1 answer
  • FREEE POINTSSS!! DELETING THIS ACC :))
    5·2 answers
  • I NEED HELP ;((((((<br><br> please someone
    13·1 answer
  • How does specialization play a role at the bookstore?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!