Answer:
Pure competition
Explanation:
Pure competition is a market structure characterized by many competitors selling similar products. Due to the high competition, market forces dertermine prices. Pure competition is also referred to as perfect competition. The other features of pure competition include.
- There many buyers and many sellers who have access to market information
- There are barriers no entry and exit in the market
- Firms sell homogeneous products
- Firms cannot influence the market price. Firms are price takers.
- The units of production such are homogeneous and are freely moving.
Answer:
Specializes in bringing buyers and sellers together.
Explanation:
A broker can be defined as an individual or a firm that acts as a middleman between the buyers and the sellers. A broker is a licensed agent that is permitted to purchase or sell stocks and other investments.
A broker carries out the role of a trusted intermediary in various financial transactions. Brokers receive their commissions through a percentage gotten from the purchase or sale of an asset or stock.
Answer:
At $1,960 price the system is sold.
Explanation:
All the expenses is to be considered while calculating the total cost because these cost is attached with the amount and the same price is to be charged by the customer. These costs which are given in the question is the part of the product. Hence, it would be added in the selling price. The computation is shown below.
The total selling price of the sold = computer chip + software + printer + Value added amount
= $180 + $350 + $30 + $1,400
= $1,960
Thus, at $1,960 price the system is sold.
Answer: The answer is SITUATIONAL ANALYSIS
Explanation: A SITUATIONAL ANALYSIS is the gathering of methods to analyse the internal and external factors of a business inoder to get a clear picture of the business environment.
A situational analysis is also called a SWOT analysis that measures the strengths, weaknesses, opportunities and threats.
The right of ___ is when businesses can compete against each to sell their goods and services to buyers.
I believe it is the right of ||competition|| because it is when businesses ||compete|| against eachother.