1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
soldier1979 [14.2K]
2 years ago
15

In a competitive market, the price of a product: ___________

Business
1 answer:
solniwko [45]2 years ago
7 0

Competition exists in the market and the price of the product is determined by sellers and the quantity of the product produced is determined by buyers.

<h3>What is a competitive market?</h3>

A competitive market is a market where many producers compete with each other with the aim to provide goods and services.

The sellers determines how much a product cost.

Therefore, the price of the product is determined by sellers and the quantity of the product produced is determined by buyers.

Learn more on competitive market here

brainly.com/question/24781573

You might be interested in
Jerome is training to be a vacuum cleaner sales person. initially, he got paid for each customer he called on, even if the custo
soldi70 [24.7K]

The use of behavior shaping. The goal is to force Jerome to become better and better at his sales tactics over time by motivating him to do more demonstrations and close more sales in order to keep getting paid.

8 0
3 years ago
In Free Market Environmentalism, economists Terry Anderson and Donald Leal write, "Subsidized irrigation encourages farmers to b
Soloha48 [4]

Answer:

b

Explanation:

7 0
3 years ago
he support manager at Universal Containers wants a dashboard that shows the number of cases that remain open as of 5:00 p.m. eac
erma4kov [3.2K]

Answer:

A. Report based on a reporting snapshot that runs daily at 5:00 p.m.

Explanation:

Since the support manager needs a dashboard in the given situation that reflects the number of cases that stay open at 5:00 p.m every day at Universal Containers and in this case, every day at Universal Containers, he likes to work on a reporting snapshot running daily at 5:00 p.m. because it shows the real-time status or we may say that the current status is really required.

hence, the correct option is a.

7 0
3 years ago
A mission statement should include the following​ components: A. ​Customers, products/services,​ markets, and competitors B. ​Su
ivanzaharov [21]

Answer:

The correct answer is (a)

Explanation:

A mission statement is an important factor which helps a company to attract customers and show them why their company is different and competitive. A mission statement should include a description of product and services, and it should depict the importance of customers. It should also include little information regarding the competitors. Mission statement is the first thing customers notice when they visit a website.

3 0
4 years ago
A buyer and seller enter into a written contract for the sale of a four-bedroom home. If either party defaults under the contrac
krok68 [10]

Answer: Four years

Explanation:

One of the vital reasons for agreement is that they bind both parties in fulfilling each other's vow to what they have agreed and when any of the party goes contrary to the agreement a law suit is filed against them, the specific time to file a law suit against the other party involving structures is four years.

7 0
3 years ago
Other questions:
  • Which of the following is not counted as a part of GDP?
    10·1 answer
  • What are some risks of adding a new product?
    15·1 answer
  • What is the difference between Special warranty deed vs general warranty deed
    15·1 answer
  • fatima is struggling in her job and is experiencing increased dissatisfaction. She related to you that her manager has been unfa
    12·1 answer
  • Seema, a creative director at a marketing agency, notices that her team members often perform better while working as a team tha
    10·1 answer
  • In order to achieve trust in supply chain relationships, there must be a perception of fairness and justice from all supply chai
    12·1 answer
  • If you are falling behind on your student loan payments, which of the following steps should you take to avoid default?
    5·2 answers
  • Why businesses use team dynamic theories to understand team performance?
    6·2 answers
  • Electrical engineers install electrical wiring. True or False?
    14·1 answer
  • With a 9-month maturity bucket, a 3-month loan would be considered a _____ asset and a 30-year mortgage with a rate adjustment i
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!