Ask Question
BusinessBusiness
11 February, 11:07

Which of the following is likely to be present in a perfectly competitive market? a. High capital costs b. Nonprice competition such as advertising c. Firms producing identical products d. Government licenses e. Patents

+3
Answers (1)
  1. 11 February, 15:02
    0
    c. Firms producing identical products

    Explanation:

    A perfect comparative market is characterized by the many buyers and sellers and undifferentiated products and no transaction costs and is also called as the atomistic market. It is defined by as the annealing condition and can be theoretically shown by the market that will reach an equilibrium in which the quantity supplied for everyday services. A large number of buyers and sellers, No barriers to entry or exit and an Anti-competitive regulation.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following is likely to be present in a perfectly competitive market? a. High capital costs b. Nonprice competition such as ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
This is not one of the important questions when countries decide how to allocate income: "who will consume what is produced?" a. True b. False
Answers (1)
What is the main risk you face when you buy stocks as investments? A. The value of your investment fluctuates with the profits and losses of the company and you have virtually no control over that fluctuation. B.
Answers (1)
Crane Company has 4830000 shares of common stock outstanding on December 31, 2020. An additional 195000 shares are issued on April 1, 2021, and 471000 more on September 1. On October 1, Crane issued $5910000 of 10% convertible bonds.
Answers (1)
When a cosmetics company considers marketing abroad, which of the following external factors will be particularly important to study? A. The foreign market's technological factors B. The foreign market's enviromental factors C.
Answers (1)
1. A parent company acquires all of a subsidiary's voting stock at the beginning of 2018. At the date of acquisition, the subsidiary's equipment had a book value of $40 million and a fair value of $15 million.
Answers (2)
New Questions in Business
Suppose the government decides to enact a new tax on electronic cigarettes. What will happen in the market for electronic cigarettes? (Note: Neither the supply curve nor the demand curve for electronic cigarettes is perfectly inelastic.
Answers (1)
The musical instrument store estimates costs of $18,750.00 annually to carry inventory of musical instruments and accessories. the costs include 12% for storage, 12% for interest, and 5% for transportation.
Answers (1)
How is the workplace changing and why is it important to understand work place trends
Answers (1)
Outdoor Luggage Inc. makes high-end hard-sided luggage for sports equipment. Data concerning three of the company's most popular models appear below.
Answers (1)
Sydney has inherited her grandmother's estate worth approximately $4.5 million. She is worried about paying taxes on the estate and the inheritance. How will these taxes affect her new estate and inheritance?
Answers (2)
Home » Business » Which of the following is likely to be present in a perfectly competitive market? a. High capital costs b. Nonprice competition such as advertising c. Firms producing identical products d. Government licenses e. Patents
Sign Up Forgot Password?