Answer:
1. c. has no control over the price it pays, or receives,in the market
2. c. firms are at the mercy of market forces.
3. buyers can expect to find consistently low prices and wide availability of the good that they want.
Explanation:
A competitive market has the following characteristics.
1. Firms are price takers. They do not set the price for their goods and services. They accept the price set by market forces. Price is set where the demand curve intersects the supply curve.
2. There are no product differentiation. All sellers sell identical goods and services.
3. There are no barriers to entry or exit of firms in the industry.
4. Firms make zero economic profit in the long run.
5. There are many sellers and buyers.
I hope my answer helps you.
Answer:
Production of solar panels
Explanation:
In as much as solar panel is a good source of clean and renewable energy , the production processes of solar panels pose a threat to the natural environment.
A major environmental hazard related to the production of solar panel is the emission of greenhouse gas , just as it is in every other production process.
So also , a large no of space is required for the production which can birth environmental degradation and loss of habitat
It is the Bar chart. Bar charts are helpful for looking at related things, delineating changes in information after some time, and demonstrating portions as a major aspect of an entirety. A reference chart indicates correlations among discrete classes. One hub of the outline demonstrates the particular classifications being analyzed, and alternate pivot speaks to a deliberate esteem. Some visual charts exhibit bars bunched in gatherings of more than one, demonstrating the estimations of more than one quantified variable.
Answer:
Strictness error
Explanation:
Strictness error occurs when raters (e.g., supervisors) judge employee performance to be less than what it is when compared against objective criteria.
Answer:
They don't have a contract because, Although they attempted to accept the original offer within the 10 day period, they originally made a counteroffer which means that they both denied the originally offer and made an opposing offer at once. R&R cannot simply change their mind because they found out that another company offered to do it for less. Whether or not they still have a contract is entirely in Petroleum's hands. This was more of an inquiry than a rejection. However, the option contract was not supported by consideration and so revocable at will.
Explanation:
