What is a competitive market?
a. a market in which a good is bought for a lower price than that for which it can be sold
b. a market in which a good can be bought and sold at the same price
c. a market in which goods have a different ask price and bid price
d. a market in which a good is sold at a lower price than that for which it can be bought?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What is a competitive market? a. a market in which a good is bought for a lower price than that for which it can be sold b. a market in ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Activity-based costing uses a number of activity cost pools, each of which is allocated to products on the basis of direct labor-hours. a. True b. False
Answers (1)
After the events of 9/11, a friend suggests to you that the Central Intelligence Agency (CIA) and Federal Bureau of Investigation (FBI) should have foreseen the likelihood of this act of terrorism. According to your friend, all the clues were there.
Answers (1)
12. Sam just opened a savings account paying 3.5 percent interest, compounded annually. After four years, the savings account will be worth $5,000. Assume there are no additional deposits or withdrawals. Given this, Sam: a.
Answers (1)
A ticket reseller purchases a ticket to a football game for $40 and offers it for sale at a price of $75. A consumer is willing to pay $90 at most for the ticket, and purchases it at $75. What does the $50 difference (between $40 and $90) represent?
Answers (1)
Consider the long-run model of a small open economy which starts from a position of trade balance, i. e., exports equal imports. Suppose that corporate downsizing and lack of job security cause consumers to spend less and save more.
Answers (1)
New Questions in Business
Diane had a plan to improve her responsibility. in order to understand if she has met her goal, she must A. formulate a new goal B. record her progress C. accomplish harder tasks D. ask others for their opinions
Answers (1)
Olivia's employer deducts an amount from her paycheck for the Medicare program. What type of withholding is being deducted from Olivia's paycheck? A) tax exemption B) local withholding C) state withholding D) Social Security withholding
Answers (1)
A popular variation of the accounts receivable turnover is the a. credit risk ratio. b. concentration of credit risk. c. bad debts ratio. d. average collection period.
Answers (1)
When Japan exports goods to the United States, which Country shows a balance of payments credit
Answers (1)
Love Company's accounting records show an after-closing balance of $42,100 in its Retained Earnings account on December 31, 2018.
Answers (1)