Business
Business, 10.07.2019 13:10, paiged2003

What are the three conditions for a market to be perfectly competitive?

answer
Answers: 2
Show answers

Similar questions

Предмет
Business, 24.06.2019 11:30, viktoria1198zz
In a perfectly competitive market, all producers sell very different goods or services. additionally, there are many buyers and sellers. because of these two characteristics, both buyers and sellers in perfectly competitive markets are pricemakers . true or false: the market for public utilities, like gas and electricity, does not exhibit the two primary characteristics that define perfectly competitive markets.
Answers: 1
continue
Предмет
Business, 15.07.2019 18:30, Haven263
Assume a hypothetical case where an industry begins as perfectly competitive and then becomes a monopoly. which of the following statements regarding economic surplus in each market structure is true? under perfectly competitive conditions, economic surplus is maximized. under monopoly conditions economic surplus is less than under perfect competition and there is a deadweight loss. under perfectly competitive conditions, economic surplus is equal to consumer surplus; there is no producer surplus because firms are price-takers. under monopoly conditions, economic surplus is equal to producer surplus. under perfectly competitive conditions, economic surplus in this industry is maximized. under monopoly conditions economic surplus is minimized. under perfectly competitive conditions, economic surplus in this industry equals consumer surplus plus producer surplus. under monopoly conditions, some consumer surplus is transferred to producer surplus, but economic surplus is the same as it was under perfectly competitive conditions.
Answers: 2
continue
Предмет
Business, 17.07.2019 06:10, Thelearner100
In a perfectly competitive market, all producers sell goods or services. additionally, there are buyers and sellers. because of these two characteristics, both buyers and sellers in perfectly competitive markets are price . true or false: the market for digital cable exhibits the two primary characteristics that define perfectly competitive markets.
Answers: 2
continue
Предмет
Business, 02.08.2019 12:00, nourmaali
In a perfectly competitive market, all producers sell goods or services. additionally, there are buyers and sellers. because of these two characteristics, both buyers and sellers in perfectly competitive markets are price .true or false: the market for public utilities, like gas and electricity, does not exhibit the two primary characteristics that define perfectly competitive markets.
Answers: 1
continue
Do you know the correct answer?
What are the three conditions for a market to be perfectly competitive?...

Questions in other subjects:

Konu
Mathematics, 18.11.2020 17:50
Drag each tile to the correct box. Not all tiles will be used. Consider function f. f(x) = (square root)7x-21 Place the steps for finding in the correct order....
Konu
Arts, 18.11.2020 17:50
One question my lovely gUYS HOW ARE YOU ALL? The MAIN THING IN IT IS THAT WRITE WONDERFUL COMMENTS...
Konu
Mathematics, 18.11.2020 17:50
Exam Style Questions ...
Konu
Business, 18.11.2020 17:50
How can supply and demand analysis be used to explain the equilibrium price and quantity of exports and imports for aluminum when there is trade between two nations (i. n., the Uni...
Konu
Chemistry, 18.11.2020 17:50
At S?fndnfnfnfxmckfkffkfkfk ckfkfkfkfkfkv kfflfmcmc...
Konu
English, 18.11.2020 17:50
Which of the following sentences from the passage has a dependent clause underlined? a. I tipped my head back and closed my eyes, breathing in the air .b. Weeks had already...
Konu
History, 18.11.2020 17:50
Pls help 20 points if helped will mark brainlestWrite an informative essay in which you give two reasons that Queen Hatshepsut became a powerful leader. Support your r...
Konu
Mathematics, 18.11.2020 17:50
Un auto recorre 30.0m desde el reposo hasta alcanzar 10.0m/s,¿Cuál fue el tiempo de recorrido?...
Konu
History, 18.11.2020 17:50
What issue seems to trigger voters to change political parties in the Era of Divided Government? A. welfare programs B. States' rights C. integration D. ec...
Konu
Chemistry, 18.11.2020 17:50
How many molecules are in 25 moles of Co...
Other tasks in the category: Business More task
See results (0)