BUSINESS HIGH SCHOOL

Which market do consumers benefit the most from?a. perfect competition
b. monopolistic competition
c. monopoly
d. oligopoly

Answers

Answer 1
Answer: a. perfect competition

Related Questions

Jamal tried to apply for a mortgage. However, he was turned down for the loan because the loan officer noticed that he had made late payments to his credit card and he had not made payments on a loan. What questions should he have asked himself before deciding to buy a home?A) Do you have enough money saved up to cover two to three months of mortgage payments in case you lost your job? B) Do you have a steady income and stable job? C) Do you have a good credit report and credit score? D) Do you have enough money saved for a down payment and closing costs?
When does allocative efficiency​ occur? A. Allocative efficiency occurs when a good or service is produced at the lowest possible cost. B. Allocative efficiency occurs when an economy no longer relies on voluntary exchange.C. Allocative efficiency occurs when an economy achieves equity.D. Allocative efficiency occurs when production is in accordance with consumer preferences.
For a perfectly competitive market to function properly, which of the following must buyers and sellers have access to? adequate information economies of scale uncompetitive products sufficient technology 4. which of these industries has not been considered a natural monopoly in the past 30 years? diamonds water phone service electricity 5. what is an oligopoly? a market that has a few firms dominating the market a market that has many firms selling slightly different products a market that has one seller and many buyers a market that has many buyers and sellers 6. for the average total cost curve of a firm without economies of scale, what happens to costs as output increases? costs initially go up and then go down. costs initially go down and then go up. costs go down. costs go up. 7. what is the combination of two or more companies into a single firm called? a trust a merger predatory pricing deregulation 8. offering products of different tastes and shapes is an example of which of the following? nonprice competition perfect competition oligopolistic competition the law of demand 9. the controller of a monopoly sets the price of goods by charging _____. the price at which the profit is maximized only a small amount over cost less than the company would charge if it did not have a monopoly as much as possible, regardless of the amount sold 10. many critics argue that government efforts to regulate industries have caused which of the following? predatory pricing inefficiencies insufficient supply collusion 11. what is an agreement among firms to charge one price for the same good called? nonprice competition price fixing a price war monopolistic competition 12. which of the following is not a method that the government uses to intervene and prevent firms from controlling the price and supply of important goods? breaking up monopolies deregulating industries regulating business practices blocking mergers 13. what are the three practices of oligopolies that concern the government the most? price fixing, collusion, and cartels price leadership, collusion, and cartels differentiation, price leadership, and price fixing collusion, price leadership, and price fixing 14. what are the expenses a firm must pay before it can begin to produce and sell goods called? start-up costs perfect competition commodities imperfect competition 15. compared to a market with perfect competition, a monopoly often has _____. higher prices and more goods lower prices and more goods lower prices and fewer goods higher prices and fewer goods 16. which of the following could not prevent a market from becoming perfectly competitive? high start-up costs excessive information problems accessing necessary technology lack of technological know-how 17. which of the following is characteristic of a competitive market? low output high costs inexhaustible supply efficiency 18. economists usually call an industry an oligopoly if _____. only one product is available on the market the four largest firms produce at least 70–80 percent of the output there is one firm that produces 100 percent of the output the ten largest firms produce less than 50 percent of the output 19. for the average total cost curve of a firm with economies of scale, what happens to costs as output increases? costs initially go down and then go up. costs go up. costs go down. costs initially go up and then go down. 20. what is one of the effects that the internet has had on business? it has decreased the kinds of goods that are available to individual buyers. it has reduced start-up costs for many businesses. it has led to new monopolies in many industries. it has increased the prices of goods that are not bought on the internet.
The level of development for a country does not indicate how well a nation _____.
Ownership of an individual housing unit in a building is commonly called:a. a cooperative. b. modular housing. c. manufactured housing. d. a condominium. E. zoned housing.

Jessica always thought the grace-period feature of her credit card was a wonderful idea because her charges were interest-free during the grace period. After taking Dr. Art Keown's personal finance course, she learned this startling truth about grace periods. a) Grace periods are actually beneficial to the credit card company
b) There are higher fees associated with grace periods
c) Most banks eliminate their grace period on new purchases if you don't pay your balance in full
d) All credit cards carry a grace period

Answers

Answer:

C. most banks eliminate their grace period on new purchases if you don't pay your balance in full

Explanation:

Jessica always thought the grace-period feature of her credit card was a wonderful idea because her charges were interest-free during the grace period. After taking Dr. Art Keown's personal finance course, she learned this startling truth about grace periods. Most banks eliminate their grace period on new purchases if you don't pay your balance in full

In 2015, an economic gimmick gave Ireland a 26% growth rate in GDP. A) Economic boom B) Financial crisis C) Tax reform D) Economic stimulus

Answers

Answer:

economic boom

Explanation:

Compare and contrast the elements of centralization and formalization within the Arab Alliance and the IDF. Explain how those inherent differences may have affected the outcome of the war.

Answers

The correct answer to this open question is the following.

The elements of centralization and formalization within the Arab Alliance and the IDF were key to understand the Israeli victory over the Arab army. Without a doubt, those inherent differences affected the outcome of the war.

The Arab Alliance was formed by soldiers from different Arab states such as Jordan, Syria, Saudi Arabia, Tunisia, Algeria, Morocco, and Egypt. The alliance had strong numbers, good supplies and weapons, machines, tanks, and the support of the Soviet Union.

However, the Israeli al Defense Force (IDF) won the war by capturing the Gaza Strip, the West Bank, and the Sinai Peninsula. And the Israelis could do that because they had better training, a different mentality, and a modern strategic approach.

Israel not only recruited loyal soldiers, as was the main cause for the Arabs. Israel recruited the best talent for each military position and trained until they became the best. Lack of this kind of recruiting and training was notorious in the Arab alliance.

Another factor that favored Israel was the Structure of Command and Control, emphasizing combat aspects such as strategy, swiftness, agility, improvisation, flexibility, and decision making on the move. Totally different from the bureaucratic Arab approach in the line of command.

That is why Israel won the Six-Day War that was fought from June 5-10, 1967.

The production of small consumer goods is referred to as?

Answers

The correct answer is  :  light Industry

Since a light industry only produce small consumer goods such as clothes, shoes, hand made dolls, etc, it usually less capital oriented than the heavy industries and more consumer oriented than business oriented

The ease with which you can get your money out on an investment is known as its _____. liquidity risk rate or return opportunity cost

Answers

Liquidity is the ease with which you can get your money out of an investment.

Liquidity is defined as the ease of liquefying assets without causing significant impact on its price. Liquid assets are cash, cash equivalents, and other assets that can be easily converted into cash. Sellers and buyers of these assets are abundant.  

Buildings and other real estate properties are not liquid assets. This is because it is not easily converted into cash. Prices of these assets may vary depending on the availability of buyers that are interested in said properties. 

Your _______ should furnish enough money to live on, in an emergency, for six months. A. savings
B. interest
C. IRA
D. investments

Answers

Your A) SAVINGS should furnish enough money to live on, in an emergency, for six months.

Savings should at minimum be equivalent to the amount you spend for your basic needs for a month. Multiply it for 6 months because in case you are unemployed, you will still be able to meet your needs for six months. Giving you time to recoup and find other employment.
 
IRA is Individual Retirement Account - This is intended for your retirement.
Investments are usually bonds or securities which may take quite some time before it can be liquidated.
Other Questions
Farr Company purchased a new van for floral deliveries on January 1, 2021. The van cost $56,000 and has an estimated life of five years and $14,000 salvage value at the end of its useful life. The double-declining-balance method of depreciation will be used. What is the balance of the Accumulated Depreciation account at the end of 2022?
Higher consumer prices are likely to be accompanied by:A. lower union wages. B. lower interest rates. C. lower production costs. D. higher interest rates.
The more precisely defined the target market is, the _____ the numbers are to estimate.
A scientist has samples of both nitrogen (N2) and hydrogen (H2). Both of these substances are odorless, colorless gases at room temperature. The scientist places the samples into a closed flask and heats the flask. A colorless gas that has a strong odor forms. Which of these best describes what happened?' A. A mixture formed when nitrogen and hydrogen combined. B. A pure substance that is chemically identical to both nitrogen and oxygen formed. C. A new compound formed when nitrogen and hydrogen chemically reacted. D. A new element formed when oxygen and nitrogen atoms turned into new kinds of atoms.