how may i ask bc it does not say and how many points or something or am i taking this too literally
If a perfectly competitive business firm is a price taker, then: A. pressure from competing firms will force acceptance of the prevailing market price.
<h3>What is a perfectly competitive market?</h3>
A perfectly competitive market can be defined as a type of market that is typically characterized by many buyers and sellers of homogeneous products, and there is free entry and exit in the market.
<h3>What is a
price taker?</h3>
A price taker can be defined as a business firm that is operating in a perfectly competitive market and is generally required to take the prevailing market price for its homogeneous product.
In this context, we can infer and logically deduce that pressure from other competing business firms would force acceptance of the prevailing market price when a perfectly competitive business firm is a price taker.
Read more on price here: brainly.com/question/11898489
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Complete Question:
If a perfectly competitive firm is a price taker, then
A. pressure from competing firms will force acceptance of the prevailing market price.
B. it must be a relatively small player compared to its competitors in the overall market.
C. it can increase or decrease its output without affecting overall quantity supplied in the market.
D. quality differences will be very perceptible and will play a major role in purchasers' decisions.
Answer:
A
Explanation:
negative fourteen and 5 over 120
Because you multiple
2 x -7 = -14
10 x 12 = 120
1 x 5 = 5
Answer:
because they would tell other people that they know, and it would start out your business on a good foot as reliable and friendly. that alone would have people coming in to try it out for themselves. another reason would be because you don't want to look like a snotty business when you are just starting out and are small and not even anywhere near the big businesses.
Answer:
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do it or he will hunt you down and kill u (lets destroy the moderators!!!!!!!!)
we are slowing them down already! good work soilders!
JOIN THE BOB GANG!!!!!!!!!
Explanation:
