<span>In order to assess who is correct the exact nature of the tire needs to be seen in more detail. If the tire has been damaged by driving, a crash or some other method, than Technician B would be correct because the tire would need to repaired. However, if tires is moving funny as a result of a bump or some other impact to it, then it could be that the weights have become mis-aligned and then Technician A would be correct in that re-balancing solves the problem.</span>
Answer:
1. not a competitive market
2. not a competitive market
3. competitive market
4. not a perfectly competitive market
Explanation:
To answer this question, i will first start by explaining what a competitive market is and the assumption of a perfectly competitive market as well
A competitive market is a market that has many producers and buyers of a particular product. The producers are usually in a competition to meet up with the needs of the buyers.
some assumptions of the market:
- large sellers/producers
- identical or homogenous goods
- free entry
- no discrimination
- perfect knowledge
a. in this question this is not a competitive market. the reason is simple. It says that there are only two providers of internet. So there are no enough producers or sellers
b. The government has limited entry into this market by giving patent to only one pharmaceutical company.
c. yes this market is competitive since there are many producers of the product and the consumers regard the products as identical or homogenous. this meets with all of the assumptions of a perfectly competitive market.
d. the product here is not homogenous or identical as this is not a perfectly competitive market since buyers would prefer to buy the coffee that tastes better and leave that of the competitors
thank!
Answer:
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Explanation:
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The answer should be D) a higher income pays a higher percentage in taxes or the fourth option.
Answer:
Explanation:
Opening units 30000
Started 120000
150000
Closing 20000
Transffered 130000
Production Table W.Avg Method
A B C=A+B
Cost Element Complete Closing WIP Equivellant production
units
Material 130,000 20,000 (100%) 150,000
Coversion Cost 130,000 10,000 (50%) 140,000
