Business

Fiona Olsen

15 February, 08:12

What is the purpose of competition? a. to act as a regulating force in the marketplace b. to cause producers to attempt to put each other out of business c. to cause buyers to have to be careful about spending their money d. to act as a motivating force behind the free market

+1

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question ✅ “What is the purpose of competition? a. to act as a regulating force in the marketplace b. to cause producers to attempt to put each other ...” 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

On December 1, 2018, Garden Products borrowed $92,000 on a 5%, 10-year note with annual installment payments of $9,200 plus interest due on December 1 of each subsequent year.

Which of the following assets would be classified as a current asset? (check all that apply) : A. Accounts Receivable B. Land C. Office Supplies D. Furniture

Seascape Company has two products: Product A has a contribution margin per unit of $17 and Product B has a contribution margin of $19 per unit. Calculate the weighted-average unit contribution margin if Seascape has a 40/60 product mix.

If the size of the economy (GDP) was $6000 billion, what would be the public debt in year 5 as a percentage of GDP

Consider the Smith family who have the following demand for rental housing (q, measured in square feet): q = 0.5 * (y/p), where y is the Smith family income and p is the price of housing per square foot.

New Questions in Business

Ms. Smith withdraws $1,000 from her safe and deposits the money in a bank. If the bank holds no excess reserves and the reserve requirement is 10 percent, how will this deposit increase the bank's required reserves and the bank's loans?

Select the item that can be answered by using knowledge. 1. A transaction's order date, amount sold, and quantity ordered 2. Taking into account external reasons for the recent underperformance of a good salesperson 3.

What role do entrepreneurs play in economics? Entrepreneurs tell consumers what they should want or need. Entrepreneurs create the businesses that produce products and services that meet the wants and needs of consumers.

Zhang company reported cost of goods sold of $842,000, beginning inventory of $38,600 and ending inventory of $47,000. the average inventory amount is:

Aces Inc., a manufacturer of tennis rackets, began operations this year. The company produced 6,200 rackets and sold 5,100. Each racket was sold at a price of $92.