An industry comprised of a very large number of sellers producing a standardized product is known as:

Answers

Answer 1

Answer:

The appropriate response is "Pure competition".

Explanation:

Pure competition seems to be an economically efficient circumstance where there is already a massive quantity of international customers and retailers as well as the manufacturer would be ready for deployment. Even though both a significant quantity of products as well as extremely similar or defined consumer items seem to be characteristics of pure competition.

Related Questions

The hartley clinic purchased a new surgical laser for $9000. The estimated salvage value is $5000. The laser has a useful life of five years and the clinic expects to us it $10000 hours. It was used 1600 hours in year 1; 2200 hours in year 2; 2400 in year; 1800 hours in a year; 2000 hours in year 5

Answers

Answer and Explanation:

The computation is shown below:

Years          Straight line            Units of production

Year 1 ($90,000 - $5,000 ÷ 5)    1,600 × 8.5 = $13,600

                    = $17,000

Year 2              $17,000                       2200 × 8.5 = $18,700

Year 3              $17,000                       2400 × 8.5 = $20400

Year 4               $17,000                       1,800 × 8.5 = $15,300

Year 5              $17,000                        2000 × 8.5 = $17,000

Total                 $85,000                      $85,000

The 8.5 come from

= ($90,000 - $5,000) ÷ (10,000 hours)

= 8.5

hence, the units of production would be most appropriate

A dealer in U.S. government securities quotes a 5-year Treasury note at 89.12-89.16. In dollars, that represents a spread of

Answers

Answer:

0.00125

Explanation:

In order to determine the spread of the dealer's quote, there is a need to undertstand that the first price quoted is known as bid price, which is the price the dealer is willing to purchase the securities while the second one is the ask price, the dealer's selling price.

From a conventional point of view(norm), the spread is the ask minus the bid price divided by 32 as shown thus:

spread=(89.16-89.12)/32=0.00125

Goodnight y’all ! I just wanted to tell y’all that

Answers

Answer:

Good night

Explanation:

Have a sweet drem

Its 5 am where i live. i am not okay

A building was constructed in August 1999 for $2,340,000. The cost index at that time was 192.3. The current cost index is 302.1. What is the indicated cost new of the building today

Answers

Answer:

$3,676,100

Explanation:

in base year dollars, the building costed $2,340,000 / 1.923 = $1,216,849

if today's cost index is 3.021, then it should cost $1,216,849 x 3.021 = $3,676,100 to build the same building.

The cost index is used to adjust inflation, since costs tend to increase a little every year, you need some type of index to compare costs over different periods of time.

Jaiden is in 6th grade and plans to attend college. He has created a college preparation plan.

1. He will fill out the FAFSA form and send it in immediately.

2. He will ask his parents if they have a college savings account.

3. When he gets to high school, he will start trying harder in school so he can qualify for academic scholarships.

4. During his last year of high school, he will get involved in sports and clubs he enjoys to qualify for scholarships.

5. Upon graduation, he will start saving money for college.


Which statements identify errors in Jaiden’s plan? Check all that apply.

Answers

Answer:

-He should wait until his last year in high school to fill out the FAFSA.

-He should start saving right away. It is never too early to start a savings account.

-He should work hard throughout middle school and high school or it might be too difficult for him to excel later, since bad habits are hard to break.

-He should try different sports and clubs in middle school and early high school. Then he should pick his favorites and invest more time in them.

Explanation:

8. Mineral Products Corporation, which owns no land, has a right to mine the copper from Natural Resource Company's land. Mineral's right is

Answers

Answer:

Mineral's right is a profit.

Explanation:

Profit would be the proportion of net income which always significantly increases the expenditure for the time frame. In other phrases, this same amount of income decided to leave over even after all the appropriate and sometimes even matched perfectly expenses incurred have been rounded down again for the duration.

12 POINTS SENd HELP IM BEING TIMED

Explain how can you avoid conflict by adjusting your own behavior?

Answers

Conflict as in argument well for that first u should stay calm cuz when u angry u can’t make gud decisions second u have to think calmly everything and if u r wrong u have to accept it

Answer:

You can avoid conflict by adjusting your own behavior because if you are calm and don't get irritated with someone it implies that you are not trying to argue or cause a fight.

Explanation:

edge 2020 correct

Describe entrepreneurship. How is it different than working for someone else?
How does entrepreneurship affect you? How does it affect the economy?

Answers

It is the study of process involved in identifying a business opportunity and acquiring the necessary resources to start and run the business

~It has created employment

~It has reduced rural-urban migration since some businesses have been set up in Rural areas.

~Saving imports since goods can be locally produced reducing the cost of importing them

~It has raised people's standard of living since one can acquire goods he/she can't produce

~The government can earn there revenue from taxation of the businesses set up by the entrepreneurs

The entrepreneur is the person involved in entrepreneurship.He/she can be the employer of his/her business.Thats what makes it different from being employed/working for someone else.We can say Bill Gates is an entrepreneur since he started Microsoft

Which is better 21 jump street or 22 jump street?

Answers

Answer:

according to my calculation its 21.

Explanation:

Betty is assessing the effectiveness of her firm's marketing communications. She knows the ultimate goal is to

Answers

Answer:

drive the receiver to action.

Explanation:

Using the AIDA model of assessing the effectiveness of the marketing, the ultimate goal of any marketer is to drive the receiver to action.

AIDA is acronym for Attention, Interest, Desire, and Action.

The last step in marketing and advertising is to lead the receiver to action, action of buying the product or service. Any marketer campaigning an advertisment for his/her product keeps a goal of driving the customers in buying the product.

So, in the given scenario also, Betty's ultimate goal will be to drive receiver to action.

In the ________, the perfectly competitive firm will react to losses by __________________________ .

Answers

Answer:

Lon run, Increasing it's Production

Explanation:

I majored in Business

Tanya has recently been appointed CEO of a corporation that specializes in computer software. The corporation has made a substantial profit since she joined due to her emphasizing the importance of deadlines and sales goals to her software design team. Tanya is best described as what type of leader

Answers

Answer:

Transactional leader.

Explanation:

Leadership can be defined as a process which typically involves motivating, encouraging and inspiring employees working under an individual to be innovative and create positive changes that will foster growth and enhance the success of a business firm or company in the future.

This ultimately implies that, beyond an individual possessing the traits or qualities of a leader, leadership in itself is a process that revolves around the activities or happenings between the leader and those who he or she is leading, which are the followers. Thus, leadership is simply a continuous process and it's transactional in nature because it occurs between a leader and the followers.

In this scenario, Tanya has recently been appointed CEO of a corporation that specializes in computer software. The corporation has made a substantial profit since she joined due to her emphasizing the importance of deadlines and sales goals to her software design team. Thus, Tanya is best described as a transactional leader because she is more concerned with her team (followers) meeting set targets (goals) or defined requirements, objectives and expected level of results (performance).

Explain how insurance companies use statistics.

Answers

Answer:

 Statistics is used to determine what risk an insured poses to an insurance company, what percentage of policies is likely to pay out, and how much money a company can expect to pay out in claims

Select two answers
Marcus is applying for a job as a guidance counselor at a high school. Which two details should he include in his résumé?

A. his ethnicity
B. his counselor certification
C. his country of origin
D. his years of teaching experience
E. his age

Answers

B.) his counselor certification

D.) His years of teaching experience
B and d! Have a good day and good luck

People need to have ____ in the economy to spend money.

A) less disposable income
B) confidence
C) purchasing power

Answers

Answer:

B) confidence

Explanation:

Consumer confidence represents the level of optimism that consumers have on the general state of the economy. Consumer confidence is an expression of sentiments that the population has on the economic prospects in the country. The consumer confidence indicator is the metric used to measure consumer confidence.

High consumer confidence indicates that consumers are very optimistic about the prospects of the economy. When confidence is high, consumers tend to spend and invest more. With low confidence, consumers save more.

What would you do if fear was not a factor and you could not fail?

Answers

Answer:

I would take advantage while it still lasts

Explanation:

but in real life that actually is a thing to I cry myself to sleep

What kind of network might you have at home?
A.
LAN
B.
WAN
C.
Wireless
D.
Intranet

Answers

Answer:

d

Explanation:

intranet

D intranet

I know this because I am very smart

Sorry to bother but i need someone to talk to me if your older than 15 don't bother to message thank,you❤

Answers

Answer:

Does 16 mean no too?

Explanation:

Sara wants to purchase new equipment for her home office. The sales tax rate that will apply when she makes her purchase is 6%. Here is a list of items she wants to purchase:

keyboard, $9.99
mouse, $14.99
22-inch monitor, $99.99
chair, $129.99
If Sara has $275 to spend on new equipment for her home office, she ____
be able to purchase all of the items on her list because the total of her purchase after applying sales tax is ____
BLANK ONE:
Will
Will not

BLANK TWO:
$254.96
$270.26
$272.81
$277.91

$

Answers

Answers:

Blank One: WillBlank Two:  $270.26 (choice B)

=========================================================

Explanation:

Add up the prices given to get

9.99+14.99+99.99+129.99 = 254.96

This is the total amount before tax.

Now let's calculate the tax based on this subtotal.

6% of 254.96 = 0.06*254.96 = 15.2976 which rounds to 15.30. So the sales tax is $15.30 which is added on top of the previous subtotal which gets us 254.96+15.30 = 270.26

A different way to get this is to multiply 254.96 by 1.06 and you should get 270.2576 which rounds to 270.26

Assuming there are no other taxes, fees or surcharges, the value $270.26 is the grand total that Sara will have to pay if she wants all of those items.

Since $270.26 is smaller than $275, this means she will be able to purchase all of the items. Her change will be 275-270.26 = 4.47 dollars.

3. Which of the following is not a characteristic of a service? (1 point)
O marketability
O variability
O inseparability
O intangibility

Answers

Answer:

marketability is not correct

Explanation:

Four characteristics of service are;

intangibility,

inseparability,

variability and.

perishability.

The characteristic of the service does not include marketability. As services are intangible so they are not marketed or shown to the customer physically.

What is service?

Someone or something that is intended to assist individuals who are assisting others is defined as a service. Services are not physically presented or seen by the people.

It is the experience felt by the customers.

Thus, option A is correct.

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need help fast!!!!!!!! :(
Compound interest is usually better than simple interest because it pays

A: interest on the principal and the interest earned in each period.
B: interest on the entire principal rather than the interest in each period.
C: more, as it is matched by an employer’s 401k contribution.
D: more often throughout the year rather than once a year.

Answers

Compound interest pays interest on the principal and the interest earned in each period.

Option A. is correct.

Define Compound interest.

Compound interest is a type of interest that pays interest on both the principal or the interest earned over time.

Because compound interest is paid on both the principal or the interest gained in each period, it is frequently preferable to simple interest.

So, option A. is correct.

Find out more information about compound interest here:

https://brainly.com/question/14295570?referrer=searchResults

Interest on the principal and the interest earned in each period is the reason of Compound interest is usually better than simple interest. Hence, option A is correct.

What is simple interest?

Simple interest is the simple way of calculating of the interest of the loan or anything. The daily interest rate, the principle, and the number of days between payments are multiplied to calculate simple interest.

The formula of simple interest is SI = P × R × T, where P = Principal, R = Rate of Interest, and T = Time period.

Thus, option A is correct.

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Explain why we cannot calculate a country's Gross National Income (GNI) simply by adding up the output of all
businesses in the country. Give appropriate reasons for your answers.

Answers

Answer: See explanation

Explanation:

Gross national income (GNI), is simply refered to as the amount of money that the people and businesses of a particular country earns for the year. It is calculated as the addition of the gross domestic product (GDP) of w country plus the net income from abroad.

We cannot calculate a country's Gross National Income (GNI) simply by adding up the output of all businesses in the country because it will not take into consideration what other citizens of the country that are in other country does and this ultimately will result in a wrongful value of the GNI gotten.

Robert works part-time for JJ Financial Planning, where he develops financial plans for clients. He asks clients a series of questions about their current finances and investment objectives, and uses their answers to create customized financial plans. These plans often include recommendations that they purchase insurance or variable annuities, opening IRAs or other types of retirement accounts. Robert charges a fee for the plans, but he does not earn commissions for selling clients variable annuities and insurance to implement their plans. Is Robert an investment adviser representative

Answers

Answer: Yes. Robert is is an investment adviser representative

Explanation:

Based on the scenario given in the question, we can deduce that Robert is an investment adviser representative. An Investment Adviser Representative is someone who is an employee for an investment advisory company and the person provides advice that are related to investments activities for the company.

In this case, Robert is performing the duties of an investment adviser representative for JJ financial planning.

Think of a successful business and research the founding of that business. What successes could you learn about from that business?

Answers

Answer:

Explanation:

There are many successful businesses that have risen from nothing. One business that stands out was the website X which is now known as Paypal. Looking at this business and many other successful ones I have learned that making a business successful relies on two main factors. Whether or not your product/service solves a real-life problem, and if you have your correct target audience. Getting both of these two factors correct almost guarantees that your business will be a success assuming you put in the effort.

What function of management uses the ability to look at how a plan has been implemented and
reflects upon how things could be improved?

Implementing
Controlling
Strategic
Mixed

Answers

Answer:

Controlling

Explanation:

Controlling is among the major functions of management.  As a management function, controlling means taking measures to ensure subordinates are working according to plan. It is verifying that all activities are in line with the given instructions and guidelines. Controlling ensures the business is on the right path to achieving its objectives.

Management has to control how the organization’s resources are used. They have to ensure effective & efficient use of resources to achieve predetermined goals.

An emergency fund should NOT be used for… repairing your laptop that you use for homework. a sudden health issue that needs care. a last minute school trip. fixing a blown tire on your car that you use to get to work.

Answers

An emergency fund should NOT be used for a last minute school trip.  Option 3

What should the emergency fund  be used for?

An emergency fund is typically intended to cover unexpected and urgent expenses that could not have been anticipated or budgeted for in advance. It is important to use your emergency fund wisely and not to deplete it for non-essential expenses.

Based on that, it is generally not recommended to use your emergency fund for a last-minute school trip or repairing your laptop that you use for homework, as these expenses are not urgent or unexpected.

On the other hand, using your emergency fund to cover a sudden health issue that requires care or fixing a blown tire on your car that you use to get to work can be considered legitimate uses of the fund, as they are unforeseen and necessary expenses.

It is important to have a clear understanding of what constitutes an emergency and to use your emergency fund accordingly to ensure that it remains available to cover truly urgent and unforeseen expenses.

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Answer:

C. a last minute school trip

Explanation:

For each employee, you are required to pay 1.45% federal Medicare tax and 6.2% federal Social Security tax. If an
employee makes $25,000 per year, how much must you pay in these two taxes?

Answers

Answer:

A) $1,912.50

Explanation:

Both the federal Medicare tax and federal social security taxes are calculated based gross pay.

The medicare tax will be

=1.45% of $25,000

= 1.45/100 x $25,000

=0.0145 x $25,000

=$362.5

Social security tax will be

=6.2/100 x $25,000

=0.062  x $25,000

=$1,550.00

Total taxes = $1550.00 + $362.50

=$1,912.50

What is the most financially dangerous way to pay for college?

A.Scholarships

B.Cash

C.Credit cards

D.Federal students loans

Answers

Answer:

I think it would be credit card

Explanation:

I don't know if I'm correct though

Credit cards is the most financially dangerous way to pay for college. Fees and interest charges are possible. person will be legally obligated to repay debt.

What is one reason why credit cards can be dangerous?

Using credit cards and not paying them off on a monthly basis can harm credit. Aside from the high interest rate, the major disadvantages of using credit.

When a person don't have the cash to pay it off later include damaging credit, straining relationships with family and friends, and, ultimately, bankruptcy.

Thus, option C is correct.

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An income statement reports information over a period of time, indicating the financial progress of a business in earning a net income or net loss. (PG 182)

Answers

Answer:

True

Explanation:

An income statement is among the three important financial statements that a business prepares at the end of every financial year. It is divided into three main sections of revenues, expenses, and income.

The revenue section lists all sources of revenues and any adjustments to obtain the net revenue. The expenses section shows all business expenses and their total. The income section is the difference between revenue and expenses. A positive income means the made profits, while a negative income indicates losses.

What is a company doing if it requires customers to buy multiple products from that company to obtain the one product that the customer truly wants?

practicing predatory pricing

engaging in nonprice competition

working around antitrust laws to gain control over the market

using deregulation

Answers

Answer:

The company is trying to work around antitrust laws in order to be at the top of the market.lanation:

Answer:

engaging in nonprice competition

Explanation:

if im wrong comment

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