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Marianna [84]
2 years ago
11

Watch the video " the best stats youve ever seen " then answer the questions.​

Business
1 answer:
horrorfan [7]2 years ago
7 0
Tamam öğretmenim ben bir şey
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Perfect competition is the term used to describe: an industry in which a few price-taking firms produce identical products. an i
Olenka [21]
An industry in which numerous price-taking firms produce identical products.
8 0
3 years ago
Symbolic interactionists believe that the social value of the elderly in america ________ when the economy shifted being agricul
tekilochka [14]
<span>Symbolic interactionists believe that the social value of the elderly in America decreased when the economy shifted being agricultural to industrial. 
This may be completely true - industrial era means more use of technology, and usually, the elderly aren't that keen on using new technology. This also means that they are less and less relevant when it comes to the social life in America which is always growing and developing.</span>
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3 years ago
Economic efficiency requires that a natural monopoly's price be: Select one: A. equal to marginal cost where it intersects the d
slavikrds [6]

Answer: A. equal to marginal cost where it intersects the demand curve

Explanation:

In a pure competition, the market is efficient because it balances demand and supply and gives an equilibrium price that takes both of them into account.

In this market, the price is equal to the marginal revenue of a firm and the profit maximizing level of production is where the marginal revenue intersects the marginal cost.

The efficient level is therefore where price equals marginal cost. The same goes for a natural monopoly. If economic efficiency is to be achieved, the natural monopoly's price must equal the marginal cost at the equilibrium price.

7 0
3 years ago
Statutes prohibit police officers from demanding money for investigating and apprehending criminals and prohibit firefighters fr
irakobra [83]

Answer:

The citizen, however, does not have to pay because the police officer has a pre existing duty.

Explanation:

"Preexisting duty rule is a common-law rule of contract. It says that the rule that performance of an act by which a party is already contractually bound to perform does not constitute valid consideration for a new promise. In other words, a party's offer of a performance already required under an existing contract is an insufficient consideration for modification of the contract."

Then, the citizen doesn't have to pay because the police officer has an existing contract, and it's considered an insufficient consideration for modification of that contract.

Reference: US Legal, Inc, 2019. “Preexisting Duty Rule Law and Legal Definition.” Preexisting Duty Rule Law and Legal Definition | USLegal, Inc., 2019

3 0
3 years ago
Why do Samsung devices allow MORE access than the other two phone manufacturers?
balandron [24]

Answer:

i dont know

Explanation:

6 0
3 years ago
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