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valentinak56 [21]
2 years ago
5

Who determines the price in perfect markets?

Business
1 answer:
Trava [24]2 years ago
5 0

Answer:

<h2>Price is determined by the</h2><h2> intersection of market demand and market supply; individual firms do not have any influence on the market price in perfect competition. Once the market price has been determined by market supply and demand forces, individual firms become price takers.</h2>

Explanation:

<h2><em><u>PLEASE</u></em><em><u> MARK</u></em><em><u> ME</u></em><em><u> BRAINLIEST</u></em><em><u> AND</u></em><em><u> FOLLOW</u></em><em><u> ME</u></em><em><u> LOTS</u></em><em><u> OF</u></em><em><u> LOVE</u></em><em><u> FROM</u></em><em><u> MY</u></em><em><u> HEART</u></em><em><u> AND</u></em><em><u> SOUL</u></em><em><u> DARLING</u></em><em><u> TEJASWINI</u></em><em><u> SINHA</u></em><em><u> HERE</u></em><em><u> ❤️</u></em></h2>
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Answer:

brand loyalty

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In the question above, the given statement represents brand loyalty.

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At December 31, 20X3, before recognizing any depreciation expense for 20X3, X Company has a machine with an original cost of $36
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Answer:

If X Company uses the units of production method for calculating depreciation, depreciation expense in 20X3 will be (rounded):

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Explanation:

Cost                360000  

Accum. Depre 90000  

Usefull life         7  

   

Produce 1 20000  

Produce 2 10000  

Produce 3 50000  

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Deprec=cost/unit    

   

Depre=360000/80000    

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