subject
Business, 15.04.2020 00:43 zfghiiooi5

Firms in a perfectly competitive market are said to be "price takers"—that is, once the market determines an equilibrium price for the product, firms must accept this price. If you sell a product in a perfectly competitive market, but you are not happy with its price, would you raise the price, even by a cent? Group of answer choicesa. Yes, you would raise the price slightly. b. Yes, you would raise the price enough to meet your target pricing. c. No, you would not raise the price.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 17:00
What are ways individuals may reduce their total education and training costs?
Answers: 3
question
Business, 22.06.2019 08:00
Interest is credited to a fixed annuity no lower than the variable contract rate contract guaranteed rate current rate of inflation prime rate
Answers: 2
question
Business, 22.06.2019 20:40
Aggart technologies is considering issuing new common stock and using the proceeds to reduce its outstanding debt. the stock issue would have no effect on total assets, the interest rate taggart pays, ebit, or the tax rate. which of the following is likely to occur if the company goes ahead with the stock issue? a. the roa will decline.b. taxable income will decline.c. the tax bill will increase.d. net income will decrease.e. the times-interest-earned ratio will decrease
Answers: 1
question
Business, 23.06.2019 02:20
Speedy auto repairs uses a job-order costing system. the company’s direct materials consist of replacement parts installed in customer vehicles, and its direct labor consists of the mechanics’ hourly wages. speedy’s overhead costs include various items, such as the shop manager’s salary, depreciation of equipment, utilities, insurance, and magazine subscriptions and refreshments for the waiting room. the company applies all of its overhead costs to jobs based on direct labor-hours. at the beginning of the year, it made the following estimates: direct labor-hours required to support estimated output 20,000 fixed overhead cost $ 350,000 variable overhead cost per direct labor-hour $ 1.00 required: 1. compute the predetermined overhead rate. 2. during the year, mr. wilkes brought in his vehicle to replace his brakes, spark plugs, and tires. the following information was available with respect to his job: direct materials $ 590 direct labor cost $ 109 direct labor-hours used 6
Answers: 1
You know the right answer?
Firms in a perfectly competitive market are said to be "price takers"—that is, once the market deter...
Questions
question
Mathematics, 19.01.2021 22:10
question
Mathematics, 19.01.2021 22:10
question
Computers and Technology, 19.01.2021 22:10
Questions on the website: 13722367