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3 years ago

For a market to be competitive:______.

Business

1 answer:

quester [9]3 years ago

6 0

Answer:

Option A:

Each buyer and seller is small, relative to the whole market; no single decision maker has any influence over the market price.

Explanation:

A competitive market is a market that is characterized by free entry and exit. This means that any party has a right to enter the industry, do business, and leave it freely. In other words, no party or business holds enough stake to become a gatekeeper in that industry.

Furthermore, prices are determined by the forces of demand and supply, and cannot be arbitrarily set by any business.

No single decision maker has any influence over the market price.

This makes option A correct.

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The answer is c because 6 can go in to 30000 evenly

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3 years ago

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4 years ago

When demand for a product changes because of its price, this product is said to be elastic.

IgorC [24]

Answer:

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so it is true

Explanation:

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4 years ago

Read 2 more answers

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Aleksandr [31]

Answer:

determine the size of payments.

$202,42

Explanation:

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Cost requirement 1800

FVOrdinary Annuity=C*(1+i)n-1/i

1800=c*(1+3%)>8-1/i

C=202,42

N Monthly % VF

0 202,4214999 1,00 202,42

1 202,4214999 1,06 214,57

2 202,4214999 1,12 227,44

3 202,4214999 1,19 241,09

4 202,4214999 1,26 255,55

5 202,4214999 1,34 270,89

6 202,4214999 1,42 287,14

7 202,4214999 1,50 304,37

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3 years ago

Timm Inc., a calendar year, accrual basis taxpayer, is being sued by a customer who was injured when she tripped over a loose ca

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Answer: d. Timm can deduct the expense in the year of payment.

Explanation:

A Contingent Liability refers to a liability that a company MIGHT incur if a future event happens. It is mostly often used for law suits in case a company has to pay damages. They will thus accrue the expense in readiness to pay it off should the need ever arise.

While Timm will record it in the books, there is no need to deduct it from the income yet. Timm should wait until the year they will have to pay to deduct it. That way the expense will be correctly apportioned to it's corresponding period.

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4 years ago