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Black_prince [1.1K]
2 years ago
11

In capitalism what is pure competition?

Business
1 answer:
inysia [295]2 years ago
5 0

Answer:

Pure or perfect competition is a theoretical market structure in which the following criteria are met: All firms sell an identical product (the product is a "commodity" or "homogeneous"). All firms are price takers (they cannot influence the market price of their product). Market share has no influence on prices.

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If a salesperson sells 34 pairs of jeans, 126 t-shirts, and 40 jackets, what fraction of the total number of items sold do the j
tino4ka555 [31]

Answer:

1/5

Explanation:

34 + 126 + 40 = 200

40 jackets so 40/200

40/200 = 1/5 or one fifth

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3 years ago
The difference between total assets of a firm and its total liabilities is called_______.
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The difference between the total assets of a firm and its total liabilities is called <u>net worth</u>.

Net worth is the value of all of your property, minus the whole of all your liabilities. Positioned every other manner, it's miles what you personal minus what you owe. If you owe extra than you own, you have got a bad internet worth. if you very own greater than you owe you will have a nice net well worth.

Net worth is the price of all of the non-economic and economic assets owned with the aid of a man or woman or group minus the fee of all its fantastic liabilities. Net actual worth is the cost of all assets, minus the whole of all liabilities. placed any other manner, internet well worth is what's owned minus what is owed.

The meaning of total assets is all of the property or objects of cost, a small commercial enterprise owns. Included in total belongings are coins, bills receivable (cash thanks to you), inventory, devices, equipment, and so on.

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4 0
1 year ago
Identifying Constraints of Communication Channels
MAVERICK [17]

Answer:

Explanation:

Identifying Constraints of Communication Channels Strategically selecting a communication channel means that you choose the communication channel that is best able to meet your work objectives. This process involves evaluating three qualities of communication channels: richness, control, and constraints. Richness involves two considerations: the level of immediacy and number of cues available. Control refers to the degree to which communications can be planned and recorded, thus allowing strategic message development. Constraints refer to the practical limitations of coordination and resources. You will evaluate communication channels in terms of richness, control, and constraints. Roll over each phrase to read a communication task and identify the most serious limitation. Then drag each communication task to the box associated with that limitation. Richness Control Constraints Phone conversation Phone call Team meeting Texting Webinar Break room conversation Video conference Email

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When a round of downsizing forced Olivia's boss, Karen, to ask Olivia to absorb the responsibilities of the laid-off grant write
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