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valentinak56 [21]
3 years ago
5

Who determines the price in perfect markets?

Business
1 answer:
Trava [24]3 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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2 years ago
On May 1, Ace Bonding Company purchased inventory costing $2,000 on account with terms 2/10, n/30. On May 18, Ace pays for this
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Answer:

A

Explanation:

The correct answer is:

A. Accounts Payable 2,000 Cash 2,000

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3 years ago
When Serena from the United States flies to Scotland on a Canadian airline, stays in an Edinburgh hotel, and buys many wool swea
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Contributing to the negative balance of payments.
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3 years ago
As operations manager, you are concerned about being able to meet sales requirements in the coming months. You have just been gi
Stella [2.4K]

Answer:

January    3.54

February  2.24

March       2.33

April          3. 12

Explanation:

\frac{Production}{machine \times hours \: per \: machine}

<em>We should calcualte the total machine hours:</em>

hours per machine x machine used and then we divide the production of the month by this amount The result is how many units of output we generate per machine hours.

<em />

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<em>February</em>

1,600 / (178 x 4) = 2.24

<em>March</em>

2,600 / (371 x 3) = 2.33

<em>April</em>

2,800 / (299 x 3) = 3.12

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4 years ago
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</span>
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4 years ago
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