WILL GIVE BRAINLIEST
Which of the following goods belong in a competitive market, and which belong in an imperfect market?
electricity providers
gasoline bought at gas stations at a busy interstate exit
a fresh produce stand at a farmers’ market
a furniture store in an isolated small town
all the fast-food restaurants in your town
university education
Answers
The goods have been categorized into the competitive and imperfect market as follows:
Competitive Market
- gasoline bought at gas stations at a busy interstate exit
- a fresh produce stand at a farmers' market
Imperfect Market
- electricity providers
- a furniture store in an isolated small town
- all the fast-food restaurants in your town
- university education
A competitive market is characterized as a market where a number of producers come together in a competition to serve the consumer's needs and demands.In such a market, homogeneous or identical products are available, and therefore, the prices are determined by the market forces.Since 'gasoline...stations' exemplify the presence of similar products and 'a fresh produce...market' demonstrate plenty of producers, they would be classified under 'competitive market.'An imperfect market is described as a market having a number of sellers yet they sell distinct goods and the consumers do not possess proper knowledge about them. Since the electricity providers are controlled monopolies, 'a furniture store...isolated' is not known to people, the university education and fast-food outlets offer distinct goods, they all would be characterized under imperfect market.
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Related Questions
1) If g (X) = (x^2+ 1)(x^2 - 2x), then g'(x) =
Answers
Answer:
0
Explanation:
Lila and Robert attend different high schools. They will estimate the population percentage of students at their respective schools who have seen a certain movie. Lila and Robert each select a random sample of students from their respective schools and use the data to create a 95 percent confidence interval. Lila’s interval is (0.30,0.35), and Robert’s interval is (0.27,0.34). Which of the following statements can be concluded from the intervals?
Group of answer choices
Lila’s sample size is most likely greater than Robert’s sample size.
Robert’s sample size is mostly likely greater than Lila’s sample size.
Lila and Robert will both find the same sample proportion of students who have seen the movie.
Lila’s interval has a greater degree of confidence than that of Robert.
Robert’s interval has a greater degree of confidence than that of Lila.
Answers
The statement that can be concluded from the intervals is Lila’s sample size is most likely greater than Robert’s sample size. The correct option is A.
What are statistics?The science of statistics focuses on creating and researching strategies for gathering, analyzing, interpreting, and presenting empirical data.
An average of a numerical population variable is a population mean. The population means are estimated using confidence intervals.
A sample is a condensed, controllable representation of a larger group. It is a subgroup of people with traits from a wider population. When population sizes are too big for the test to include all potential participants or observations, samples are utilized in statistical testing.
Therefore, the correct option is A. Lila’s sample size is most likely greater than Robert’s sample size.
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The ability of some people with anterograde amnesia to learn how to do something, despite the fact that they have no conscious recall of learning their new skill, best illustrates the need to distinguish between which of the following?
Answers
Answer:
i can't see it
Explanation:
What does the sales force estimation method rely on for forecasting future sales?
Answers
Answer:
Bottom-up method
Explanation:
The bottom-up method is a good way to promote sales forecast, especially if it is desirable to make a monthly forecast. Through this method, the trader can predict how many units he will sell in the month. This is done by calculating the average price of each unit, which will be multiplied by the number of units of the product, thus giving an estimated number of monthly sales.
why might Washington have chosen to look the other way on segregation and to appease white Southerners?
Answers
Answer: So that African Americans could develop in peace.
Explanation:
Booker T. Washington was one of the most famous and powerful African Americans of his time. He founded the Tuskegee Institute which was a higher institution to educate African Americans and tried to educate and sponsor as many black-owned businesses as he could.
In a very iconic speech called the ''Atlanta Compromise'', he told a mainly white audience that African Americans would not oppose segregation or equality if they were given education and due process in legal issues.
It would seem that he believed that so long as Black people advocated for equality and integration, the whites would always be against their development and would treat them unfairly. If they accepted their situation however, he reasoned that the whites may be more inclined to allow black people access to education and fair trials.