Vanessar6614 Vanessar6614

23-12-2022
Business

Answered

which of the following are characteristics of a perfectly competitive industry? new firms can enter the industry easily. there is no product differentiation. the industry's demand curve is perfectly elastic. the supply curve of an individual firm in the industry is perfectly elastic.

Answer :

Other Questions

if a small increase in the price of a good reduces quantity demanded to zero, demand is and the price elasticity of demand is equal to . group of answer choices

the curve here shows the behavior of a new product in a market after its launch and characteristics of different consumers who buy it. what is this concept call

in the market for a given product, when a price floor is set above the equilibrium price the result will be group of answer choices more exchanges made in the m

a coffee company lowers the price of its one-pound bags of coffee from $10 to $9 and as a result, quantity demanded increases from 4 million to 5 million units.

if the demand for a good is unit elastic and the price of the good increases, then group of answer choices total revenue is not affected. total revenue decrease

also, suppose that the firm actually used 470,000 machine hours in the production and sales of 2,000,000 units of virtual parakeets and 1,000,000 units of virtu

wholesale supply has earnings before interest and taxes of $148,600. both the book and the market value of debt is $220,000. the unlevered cost of equity is 13.

before business managers consider the social responsibilities of firms in their communities, they need to:

a vision for a company is a vision for a company is an explanation of why the company exists and where it wants to go. very relevant for the short term, but les

which of the following does not correctly complete the sentence? a market economy can be likened unto a machine: group of answer choices its purpose is to produ