abscutiepie9579 abscutiepie9579
  • 16-01-2020
  • Business
contestada

What are the three conditions for a market to be perfectly​ competitive? For a market to be perfectly​ competitive, there must be

Respuesta :

jepessoa
jepessoa jepessoa
  • 16-01-2020

Answer:

There are 4 conditions that make a market to be perfectly competitive:

  1. There must be a large number of buyers and sellers, and each one must be relatively small.
  2. All the sellers produce identical products or services.
  3. There are no barriers for entry or exit.
  4. All the buyers and sellers are price takers, no one can set the price at their own will.

Answer Link

Otras preguntas

What kind of cell has a nonspontaneous voltage? An electrolytic cell A dry cell A wet cell A voltaic cell
2(-2×-8)+4×=2(1+3×) someone pls help​
Kinda confused. Will give 20pts.
How does temperature and pressure change as you move from the crust of the Earth towards the core of the Earth?
PLEASE HELP I WILL GIVE BRAINLIST
You spin the spinner and flip a coin. Find the probability of the compound event. The probility of spinning one, and landing on heads is:
The reactants of two reactions are shown, Reaction 1: C and O2 Reaction 2: K2SO4, and CaCl, Which reaction is likely to be a redox reaction? (1 point) Only Reac
Please help meh again...
To minimize pollution, factories should be built _________. -Along the river -In the middle of the town -Downstream from all towns and cities -Upstream from al
A bike messenger earns $60 per day plus $12 per delivery. Today the messenger wants to earn at least $204. Which inequality represents the number of deliveries