A perfectly competitive market is a market where all competitors are very small businesses, supply prices are perfectly elastic, all goods sold are the same(no branding), abnormal profits can only be made in the short run
Perfect competition is a theoretical model so there is no real world example in our world an example I find easy is the milk market since the good is the same no matter the brand and the amount of branding is minimal and there is usually a good amount of competitors in a country
Answer:
new law that interfaces with productive efficiency.
Explanation:
The Production possibility curve shows all the two combination of goods or services that can be produced in an economy given its resources and technology. Carrying out production on the production possibility curve is efficient. Carrying out production to the right of the production possibility curve or outside the curve is impossible. Carrying out production inside or to the left of the production possibility indicates inefficiency in production .
Technological improvement and a gain of resources shifts the curve outward.
A loss of resocurces pushes the curve inward.
I hope my answer helps you
The answer is "<span>economic risks".
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</span><span>Economic risk</span><span> is the possibility
that macroeconomic conditions like trade rates, government direction, or
political security will influence a venture, typically one in a remote nation.
Beside the business hazard related with making the plant profitable, the
semi-conductor company is open to economic risk.</span></span>
The answer is: "job enrichment" .
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<span> "Frederick Herzberg believed the best way to motivate employees with through his model of <u> job enrichment </u><u /> , which expands job content to create more opportunities for job satisfaction."
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Answer:
7.68 percent
Explanation:
Calculation to determine the risk premium on this stock
Stock risk premium = 1.09 (0.098 - 0.0275)
Stock risk premium = 1.09(0.0705)
Stock risk premium= 7.68 percent
Therefore the risk premium on this stock is 7.68 percent
