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Kitty [74]
3 years ago
8

Who determines the price in perfect markets?​

Business
1 answer:
Rasek [7]3 years ago
3 0

In a Perfectly Competitive Market or industry, the equilibrium price is determined <u>by the forces of demand and supply.</u> Equilibrium signifies a state of balance where the two opposing forces operate subsequently. An equilibrium is typically a state of rest from which there is no possibility to change the system.

Hope this answer helps you..

.

.

Select it as the BRAINLIEST

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Using accrual accounting, revenue is recorded and reported only a.when cash is received at the time services are rendered b.when
Veseljchak [2.6K]

Answer:

d.when the services are rendered without regard to when cash is received

Explanation:

Accrual based accounting requires that the services should be performed or rendered associated with the revenue when you recognize it. It  does not matter when the cash for the revenue is received. You may received the cash in advance or after some time from you rendering services. As your render the services you can record your revenue.

8 0
4 years ago
Some companies positively harness the power of rumors to multiple choice instill false confidence in investors. replace formal c
zubka84 [21]

Some companies positively harness the power of rumors to create buzz about a new product launch. Option C. This is further explained below.

<h3>What are rumors?</h3>

Generally, rumor is simply defined as a tale or report that is now doing the rounds but whose veracity is questionable.

In conclusion,  In certain cases, corporations use the power of rumors to promote a new product introduction.

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7 0
2 years ago
The price of on-campus parking from 8:00 AM to 5:00 PM, Monday through Friday, is $3.00. From5:00 PM to 10:00 PM, Monday through
Rudik [331]

Answer:

E) none of the above

Explanation:

It is an example of peak pricing.

Peak pricing is when consumers pay higher during periods of high demand.

It is reasonable to assume that demand for on campus parking would be higher from 8:00 AM to 5:00 PM, than between 5:00 PM to 10:00 PM. This explains why prices are higher between 8 am - 5pm

I hope my answer helps you.

4 0
3 years ago
What is an allocation of scarce resources using some method other than price a. Rationing c. Spillover Costs b. Supply Shock d.
Lerok [7]
The answer for this question would be A) Rationing or the first option.

4 0
3 years ago
Read 2 more answers
A driver brought an action for negligence against a motorcyclist in federal district court arising out of a car accident. The mo
Lera25 [3.4K]

Given the case that is presented here the best thing for the lawyer to file would be a  Relief from judgment.

<h3>What is a relief from judgment?</h3>

This can be described as the motion that is made to a law court that has them asking for the correction of a mistake that was made in the given judgment.

This could be as a result of certain mistakes and oversights. From what is read here, neither the manufacturer or the cyclist was aware of the defect at the time that the trial was ongoing.

Read more on court judgments here:

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7 0
2 years ago
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