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

Which statement is true of primary sources? A. They are often full of strange details and unrealistic settings. B. They may use words that are unfamiliar now bu
if it takes a bird 20 sec to fly east for 200m, what is the velocity of the bird
What changes occur in O + O = O2
solve my cousins hw please asapppo
what is the solution of the system of equations: -2x+8y=-8 and 5x-8y=20 using elimination​
GUYS I HAVE BIG QUESTION!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! WHATS THE NAME OF THE SHIP INTITANIC OMG OMG OMG I AM GETtINGG STRESED OUT HELP ILL MARK BRAINLIEST
Which statement best describes species B? A. It has hollow bones and jaws B. It has jaws, but no hollow bones. C. It has hollow bones, but no jaws. D. It has
I WILL GIVE U BRAINLIEST JUST HELP MEH PLS
Please help A rock is thrown horizontally from a cliff at 40 m/s. If the rock lands 155 meters from the base of the cliff. How long was the rock in the air?
State the criteria that should be taken into consideration in order to consider an organism asan Index fossil.​