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fredd [130]
2 years ago
7

n a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so (very price sensitive). W

hat is another way to state this fact
Business
1 answer:
ehidna [41]2 years ago
3 0

Answer:

In the long run, the market will supply any amount of the good at the price where P = min. ATC.

Explanation:

Both supply and demand are more elastic in the long run than the short run, which corresponds to a leveling out of the supply and demand curves.

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When a consumer purchases a product, a demand is created for this item to be __________ by the merchant?
Anettt [7]
re-stocked was the answer, but there could others like re-fined, re-integrated
5 0
3 years ago
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What is true of representative money? Check all that apply
mixas84 [53]

Complete Question

What is true of representative money? Check all that apply.

A. It can be exchanged for a valuable good.

B. It was once the most common form of money.

C. It was used in systems involving a "gold standard."

D. It can be traded for a commodity such as silver.

E. It is made with precious metals or stones.

Answer to this Question:

A. It can be exchanged for a valuable good.

C. It was used in systems involving a "gold standard."

D. It can be traded for a commodity such as silver.

Yes, it is very much true that money can be exchanged for valuable goods. We can certainly buy goods in return for giving money. Different commodities can be purchased by exchanging it. This is very common method which you can see all around you now-a-days. Money can also be used to buy the gold. It means money's form can be changed in this particular way, the gold then can be traded in the same way as you can use money as we have mentioned in the option A. Money can also be traded directly for a commodity such as sliver or other precious metals as well. Money's main function in all of the valid options here will remain the same; Exchange, used to purchase another commodity by using it in its pure form or trading it indirectly in another form. Whereas it totally different from the Barter trade where people used different commodities as an exchange medium to buy another one.

7 0
4 years ago
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Consumers usually buy a(n) _____ only after comparing several brands or stores on style, practicality, price, and lifestyle comp
IgorC [24]

Consumers usually buy a shopping product only after comparing several brands or stores on style, practicality, price, and lifestyle compatibility

<h3>Who are consumers?</h3>

Consumer are individual or group of people who are willing to pay for a particular products or services they need.

Consumer often go around to compare prices and custom relations after which they decide who to buy from.

Therefore, Consumers usually buy a shopping product only after comparing several brands or stores on style, practicality, price, and lifestyle compatibility

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brainly.com/question/380037

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8 0
2 years ago
Global strategy is an approach to internationalization in which headquarters delegates considerable autonomy to each country man
rjkz [21]

Answer:

False

Explanation:

When a company carries on a global strategy , their headquarters will seek to keep substantial control over foreign subsidiaries in an attempt to maximize efficiency and integration, while reducing redundant work or resource spending.

A multidomestic strategy is the one that delegates considerable autonomy to each country manager.

5 0
3 years ago
The government takes in $100 million in taxes, but has an obligation of $120 million in government services to provide. what is
Sidana [21]

it is an exsample of what the governement is doing they are takeing taxes so they can pay there taxes that what i think not to be funny tho but id thats not right then it is  because it is because the government has more power so i will just take taxes without asking or leting them know

4 0
3 years ago
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