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Yuliya22 [10]
2 years ago
15

Identifying Which of the tiles you placed in the pure

Business
1 answer:
spin [16.1K]2 years ago
3 0

Pure competition simply means a market that's has a wide range of competitors who are selling the same products.

Your information is incomplete. Therefore, an overview of pure competition will be given. In pure competition, all the companies sell identical products.

In pure competition, the market share does not influence the price. Also, companies can enter or exit the industry whenever they like as there's no barrier. The buyers have perfect information as well.

Read related link on:

brainly.com/question/25484156

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In a 100 capitalist structure the owners are offered what advantages
Alisiya [41]

In a 100 percent capitalist structure, there are basically two advantages that the owners are offered:

1. They can make as much profit as they desire, as long as they are hardworking and the market permits it.

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The personnel director at a large company studied the eating habits of the company's employees. the director watched and recorde
valina [46]

The answer is<u> "An experiment."</u>


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3 years ago
ATTENTION I WILL GIVE BRAINLIEST!!!!
Katyanochek1 [597]
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3 years ago
Can we get negative cost of equity? and what does it represent?
Dovator [93]
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Read 2 more answers
hen entry barriers into a market are low, firms will tend to earn zero economic profit in the long run because a. profit-seeking
tamaranim1 [39]

Answer:

The correct answer is B

Explanation:

Economic profit is the difference among the revenue received from the sale of the output and the cost of all inputs used and opportunity cost.

Zero economic profit, it is the situation where the firm is earning the same if its resources were employed in the next alternative which is best.

When the entry barriers in the market are low, then the firm will have the tendency of having a zero economic profit in the period of long run, as the profit which is short run will attract the extra suppliers which will result in down in the market price of the product.

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