hoshoronline8238 hoshoronline8238

14-09-2017
Business

contestada

The market for tomatoes does not exhibit the two primary characteristics that define perfectly competitive markets.

Respuesta :

Erudite1 Erudite1

23-09-2017

The statement above is FALSE.
The two primary characteristics that defined a perfectly competitive market are homogeneous product and large number of buyers and sellers. Tomato market has these two characteristics.
All the sellers sell the same tomato, the price of tomato is the same and the supplier are many, so none of the supplier can influence the price of tomato.

Answer Link

Otras preguntas

martin, inc.'s charter authorizes 50,000 shares of stock with a par value of $1 per share. 1,000 shares of stock are issued at a market value of $5 per share. t

_____ are used to obtain or retain business and are not generally considered illegal in the U.S.Facilitation payments

Which article of the u.s. constitution grants the power to coin money, make treaties, and levy import duties?

karli is the designated leader of a class project group. she gets along well with the group members but often is not sure exactly what she should do to assist h

With a _____ policy, a company offers new products at a low price in the hope of achieving a large sales volume. penetration pricing

was the constitution an adequate remedy in overcoming the problems faced by the nation under the articles of confederation? why or why not?

In the context of the 5S principles, ______ means to arrange materials and equipment so that they are easy to find and use

which model shows the correct polarity of double-stranded dna

Jerimiah's blood test has shown a deficiency of red blood cells. What is this result is most indicative of? O a. Kidney stones O b. Gout O c. Bladder dysfunctio

draw the complete mechanism for the formation of all products formed in this reaction, paying attention to stereochemistry