1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Black_prince [1.1K]
3 years ago
11

In capitalism what is pure competition?

Business
1 answer:
inysia [295]3 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.

You might be interested in
Which three tags does Google Analytics require for accurate campaign tracking?
siniylev [52]

Option B, Medium, Source, and Campaign

Explanation:

Google Analytics, presently as a device for Google Marketing Platform, is a Web analytics privilege granted by Google to track and publish traffic on websites. Since acquiring Urchin, Google introduced the service in November 2005.

Google Analytics can remove a cookie in the user's browser when an user logs the website.

Cookies are tiny files with user interaction information.

Google Analytics can use these cookies to learn how a person complies with your website and gather this information in order to send you various reports.

4 0
4 years ago
If one-year nominal interest rate in the U.S. is 3%, while the one-year nominal interest rate in Australia is 5%. The spot rate
Mariana [72]

Answer:

to get 5,00,000 australian dollar at the forward rate we are goign to need 4,704,000 US dollars

Explanation:

spot x (1 + (US rate - Australia rate) x time)

0.96 x (1+(0.03-0.05)x1 year) =

0.96 x 0.98 = 0.9408 forward exchange rate

$5,000,000 Australian Dollar * 0.9408 = 4,704,000 US dollars

3 0
3 years ago
Assume that the resort town of Ocean View passed a law imposing an extra tax on boardwalk food businesses that used plastic cups
TEA [102]

Answer:

The answer is: A) Is the law rationally related to a legitimate government interest?

Explanation:

A legitimate government interest applies when a government (in this case municipal government) passes a law to protect the health, safety, and economy of it's citizens.

This law will probably be reviewed using a rational basis, which is the least strict type of legal scrutiny.

3 0
3 years ago
If the real output of a DVC increases from $200 billion to $260 billion and its population increases from 100 to 110 million, it
SCORPION-xisa [38]

If the real output of a DVC increases from $200 billion to $260 billion and its population increases from 100 to 110 million, its real per capita output will have increased by about $167. This is further explained below.

<h3>What is real per capita output?</h3>

Generally, The real gross domestic product per capita is a figure that is calculated by dividing the entire economic output of a nation by the total population of that country after adjusting for inflation.

In conclusion, If the actual production of a DVC goes from $200 billion to $260 billion and at the same time its population goes from 100 million to 110 million, then the real output per capita will have climbed by around $167.

Read more about real per capita output

brainly.com/question/15694733

#SPJ1

3 0
2 years ago
What is generally true about savings vehicle
disa [49]
<span>If you're likely to be dipping into some of that money to fix the house, take a vacation, or buy holiday presents, don't put too much into a long-term CD. Like savings, checking, and money market accounts, CDs are FDIC insured for up to $100,000

hope this helped XD ;)

</span>
5 0
3 years ago
Read 2 more answers
Other questions:
  • With recent reports of identity theft, mr. Jones, the ceo of a construction company, is concerned about his employees' privacy,
    5·1 answer
  • Entries for Note Collected by Bank Accompanying a bank statement for Santee Company is a credit memo for $15,120 representing th
    10·1 answer
  • Please complete the spreadsheet template:
    14·1 answer
  • An employee can legitimately claim the following exemptions:
    15·1 answer
  • Write about your last week ( over 50 words)​
    7·2 answers
  • What is the purpose of Usury Laws?
    11·1 answer
  • A method to determine market risk by using the betas of single-product companies ina given industry
    8·1 answer
  • When China reformed state-owned enterprises, it tried a new approach to choosing managers: it put managerial jobs up for auction
    9·1 answer
  • Statz Company had sales of $1,800,000 and related cost of goods sold of $1,050,000 for its first year of operations ending Decem
    5·1 answer
  • Martin Company currently produces and sells 35,000 units of product at a selling price of $13. The product has variable costs of
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!