Assume a market is perfectly competitive. when a new producer enters the market, the a. price in the market decreases. b. price in the market increases. c. price in the market does not change. d. market is no longer a competitive market.

Assume a market is perfectly competitive. When a new producer enters the market, the: c) price in the market does not change.

A huge number of producers comprises a perfectly competitive market, therefore, no new producer can affect them. A new producer isn’t huge enough to influence the supply’s price.

c

explanation:

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%