Answer:
They are all price takers.
Explanation:
A perfect competition is characterised by many buyers and sellers of homogenous goods and services.
Market price is set by the forces of demand and supply. Therefore, firms are price takers. Because all firms sell identical goods, no seller can set the price for her goods. If a seller attempts to sell above the market price, it would lose patronage. A seller would have no incentive to sell below market price because they would be earning losses.
Perfect competition produces at : price = marginal cost = marginal revenue.
I hope my answer helps you
Answer:
See below
Explanation:
Given the above information, the adjusted cash balance should be;
Cash book balance
$67,209
Add:
Interest earned
$45
Less;
Bank fees
($30)
Adjusted cash book
$67,224
Bank balance
$63,949
Add:
Deposit in transit
$6,050
Less:
Outstanding checks
($2,675)
Adjusted bank balance
$67,324
Answer:
The hockey FCI is $53.57 and the golf FCI is 45.12$.
Explanation:
The hockey FCI (HFCI) is $8.45 more expensive than the golf FIC (GFCI). You know that both FICs are in total: $98.69.
1- Subtract $8.45 from the total of $98.69: $90.24.
2- Split the remaining amount in half: $90.24/2: $45.12.
3- The HFCI is $45.12 + $8.45: $53.57.
The GFCI is $45.12.
If you add both FCIs you should get the total $98.69:
$53.57 + $45.12: $98.69$
The hockey FCI is $53.57 and the golf FCI is 45.12$.
I hope this answer helps you!
If a company sells a product at a price that is less than the cost of producing the product, then it is engaged in dumping.
<h3>What do you mean by a Product?</h3>
A product refers to any product, goods, or services intended for sale purposes. Goods, services, experiences, shopping, convenience, specialty goods, consumer goods, and industrial goods are the different types of products.
Dumping refers to when a company or country exports a product that is lower in the foreign market than the domestic export market. According to World Trade Organization, dumping is legal.
Therefore, Dumping is when a company sells a product that is lower than the cost of producing the product.
Learn more about the product here: brainly.com/question/22852400
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Answer:
irresponsible is the first that comes to mind
Explanation:
could be another word they want but you could loose you job because of that
