Perfectly competitive firms are price takers for all of the following reasons except that

Answers

Answer 1

Most time, the perfectly competitive firms are not price takers when there is barriers to exit that force firms to sell at the market price.

What is a perfectly competitive firms?

This refers to a price taker that is, it must accept the equilibrium price at which it sells goods.

Most perfectly competitive firms are price takers when:

each firm is quite small relative to the total market supply.buyers and sellers have all the necessary information about prices, etc.the product is homogeneous.

Therefore, the perfectly competitive firms are not price takers when there is barriers to exit that force firms to sell at the market price.

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Related Questions

which treatment is beneficial for a client with muscle spasm

Answers

Thermotherapy refers to the type of treatment which is beneficial and most suitable for a client in the reduction of certain symptoms encountered such as muscle spasm.

What is Thermotherapy?

As the name implies involves the use of varying temperature as a form of therapy to certain medical conditions. This involves the application of a heating agent to reduce symptoms such as pain, spasm. The heat helps to loosen the blood vessels and ensure that there is increased blood flow to the affected part of the body system.

The high temperature will therefore loosen the muscles and ensure that they are much more relaxed. This method is suitable for promoting the healing process of most types of injuries and muscular issues encountered during our day to day activities.

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Mr. and Mrs. Vaughn both take a specialized multivitamin prescription each day. Mr. Vaughn takes a prescription

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They should be informed that  Medicare prescription drug plans are not supposed to cover the prescription medications that Mr. and Mrs. Vaughns are said to be interested in as part of or under Part D coverage, but, plans do cover them as regards to supplemental gains and the Vaughn can consider that.

What does prescription medication mean?

This is known to be any drug that can be gotten only through a physician's prescription.

Hence, They should be informed that  Medicare prescription drug plans are not supposed to cover the prescription medications that Mr. and Mrs. Vaughns are said to be interested in as part of or under Part D coverage, but, plans do cover them as regards to supplemental gains and the Vaughn can consider that.

See full question below

Mr. and Mrs. Vaughn both take a specialized multivitamin prescription each day. Mr. Vaughn takes a prescription for helping to regrow his hair. They are anxious to have their Medicare prescription drug plan cover these drug needs. What should you tell them?

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Which of the following algorithms are used in asymmetric encryption

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Where are the selections ?

Which of the following statements about oxidation and reduction is not true

Answers

The statements about oxidation and reduction that are not true

Reduction results in an increase in the number of C-Z bonds.What are oxidation and reduction?

Oxidation can be referred to as oxygen gain while reduction can be referred to as the loss of oxygen.

When the carbon-hydrogen bond acquires oxygen, there is a decrease in the length of the bond. The correct statements are;

The conversion of an alkyne to an alkene is reduction. The conversion of an alkene to an alkane is reduction. Oxidation results in a decrease in the number of C-H bonds.

The number of C-Z or C-O bonds increases with the addition of oxygen. So, the statement that reduction causes an increase in the number of C-Z bonds is wrong.

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The white arrow in this cross-section points to an unconformity (black line). What kind of unconformity is it

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The white arrow in this cross-section points to an unconformity (black line). this is a disconformity  unconformity is it

This is further explained below.

What is disconformity or unconformity?

Generally, Unevenness between parallel strata of sedimentary rocks, resulting from erosion or lack of deposition, is known as disconformity. Subaerial erosion characteristics are used to identify discontinuities. In the rock record, channels and paleosols may be left behind by this form of erosion.

In conclusion, A deviation from the norm is shown by the white arrow in this cross-section (black line). This is a deviation from the standard. nonconformity is the goal, here.

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UCC Section 2-204 provides three important rules that enable parties to make a contract quickly and informally. Which of the following is NOT one of these rules

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UCC Section 2-204 does not have the rule of A writing sufficient under the Statute of Frauds may be a simple memo, a letter, or informal note, but need not itself be a contract.

What does UCC Section 2-204 say?

This section of the Uniform Commercial Code governs the making of contracts to trade goods and services.

The contract can be written on a simple memo or informal note as required by the Statute of Frauds and it needs to be considered a contract.

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how to determine if values are significantly different

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Answer: go on khan academy

Explanation: they have very topic and videos

Which of the following is a sensor found in certain smartphones

Answers

An accelerometer is a sensor found in certain smartphones.  This is further explained below.

What is an accelerometer?

Generally, An accelerometer is a kind of sensor that may be discovered in some mobile devices.

In conclusion, An accelerometer is a kind of sensor that may be discovered in some mobile devices.

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deer populations of the puget sound toefl answers

Answers

The true statement about white-tailed deer is that they no longer live in an area they were once found; option D.

What is true of the White-tailed deer of the Puget sound?

The passage describes two types of Deer found in the area called Puget Sound.

The passage indicates that the white-tailed deer together with the black-tailed deer were the once the two prevalent deer of the Puget Sound.

However, only the black-tailed deer are more common now as the white-tailed deer has been restricted to the low marshy areas and Islands of the Columbia river.

Although the reason for this decline was not given, but it can be inferred that environmental changes led to the decline of the white-tailed deer in the area of Puget sound.

When species of organisms are not able to fully adapt to changes in their environment, the population of that species of organism will reduce until they eventually are no more found in that environment.

In conclusion, white-tailed deer are no longer common in the Puget Sound.

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Which one of the following sequences of five amino acids would most likely be located in the interior of a globular soluble protein

Answers

The sequences of five amino acids which is most likely be located in the interior of a globular soluble protein is:

Met - Phe - Pro - IIe - Leu

What are amino acids?

Amino acids can simply be defined as those molecules which combine to form proteins.

Ineterestingly, amino acids and proteins are the building blocks of life. They are infact the end products of protein digestion

So therefore, the sequences of five amino acids which is most likely be located in the interior of a globular soluble protein is:

Met - Phe - Pro - IIe - Leu

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The Securities and Exchange Commission is responsible for ______.

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The Securities and Exchange Commission is responsible for regulating the securities markets and protecting investors.

What is the function of Securities and Exchange Commission?

The Securities and Exchange Commission is an agency that was established in the united states that is responsible for the regulation of those that are involves in the securities markets.

Hence, The Securities and Exchange Commission is responsible for regulating the securities markets and protecting investors

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Which one of the following is NOT a required component for a successful virtualization environment

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Symmetric multiprocessing is a component (feature) which is not required for a successful virtualization environment.

What is virtualization?

Virtualization can be defined as the creation of an abstract layer over computer hardware primarily through the use of a software, in order to enable the operating system (OS), storage device, server, etc., to be used by end users over the Internet.

In Cloud computing, some of the components (features) which is not required for a successful virtualization environment include the following:

Virtual machineHost machineHypervisors

In conclusion, we can infer and logically deduce that symmetric multiprocessing is a component (feature) which is not required for a successful virtualization environment.

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Which of the following two amides will react more readily with a nucleophile

Answers

Structure (2) reacts more easily with a nucleophile because it is less hindered.

What is a nucleophile?

A nucleophile is a specie that is negatively charged or has a lone pair of electrons and readily reacts with a positive center easily.

Now looking at the two amides as shown in the image, we can see that structure 2 is less hindered than structure 1 hence (2) reacts more easily with a nucleophile because it is less hindered.

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Porter's five competitive forces form a model for ______ analysis.

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Porter's five competitive forces form a model for a company's competitive environment analysis.

What is a Competitive Force?

This refers to the different entities that are direct or indirect rivals to a particular business and this is shown through their price aggregation, differentiation, etc.

Hence, we can see that based on the five competitive forces by Porter, they act as a model or framework for a company's competitive environment analysis.

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Answer:industry

Explanation:

I did the test

In long-run equilibrium, the perfectly competitive firm earns __________ economic profits.

Answers

In perfectly competitive markets, firms in the market in the long-run, will earn zero economic profits.

What economic profits are earned in a perfectly competitive market?

In the short-run, there is a chance to earn a positive economic profit in a perfectly competitive market but this would then attract other companies into the market to make profits as well.

This then leads to the profits disappearing thanks to increased supply and lower prices. Companies would then leave and enter to either take advantage of profits or stop losses thereby keeping economic profits at zero in the long run.

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Great Zimbabwe is a structure that uses ________

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Great Zimbabwe is a structure that uses Dry masonry technique.

What is Dry Stone Masonry?

Dry masonry technique serves as the  technique which is based on the usage of stones without a binding materials such as  mortar.

The mason usually make use of  good ole' principles of gravity as well as the friction when trying to sustain the wall structure.

Therefore, Great Zimbabwe is a structure that uses Dry masonry technique and this technique was accepted throughout the country.

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we could meet again under the starry sky anime

Answers

Answer:

Is it good?? If it is, I'll add it to my list

Explanation:

information technology in nursing practice wgu

Answers

Information technology is important in nursing to communicate across a range of clinical settings.

What is information technology?

Information technology means the study or use of systems such as computers and telecommunications for storing, retrieving, and sending information.

Nursing students have access to online education, live and web-based simulations, reference guides and electronic textbooks on mobile devices.

Health information technology enables healthcare providers to capture standardized data and use it to inform patient care and communicate across a range of clinical settings.

Information technology allows seamless and instant access to patient records and this allows lab technicians, physicians, and nurse practitioners to access pertinent information regarding the patient.

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The swallowing center is located in the __________.

Answers

The swallowing center is located in the lower pons and medulla oblongata of the brainstem.

What is the swallowing center?

Swallowing center refers to the part of the brain which controls swallowing movements and are produced by a central pattern generator located in the medulla oblongata

In conclusion, the swallowing center is located in the lower pons and medulla oblongata of the brainstem.

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Modify the RetirementGoal application from Chapter 6 Exercise 10A to display the amount of money the user will have if the user earns 4% interest on the balance every year.

Answers

Using the computational knowledge in python it is possible to write a code that makes a balance function per year from a gain of 4%

Writting the code in java:

import java.util.Scanner;

public class RetirementGoal2 {

public static void main(String[] args) {

Scanner s = new Scanner(System.in);

int years;

double savings;

System.out.println("Number of years the user has until retirement");

years = s.nextInt();

while (years <= 0) {

System.out.println("Please enter a valid number");

years = s.nextInt();

}

System.out.println("Enter amount of money you can save actually");

savings = s.nextDouble();

while (savings <= 0) {

System.out.println("Please enter a valid number");

savings = s.nextDouble();

}

double amount = 0;

// calculating the amount after given years and with 4% interest

for (int i = 1; i < years; i++) {

amount += savings;

amount *= 1.04;

}

//printing result

System.out.printf("Amount after " + years + " years : %.2f" , amount);

}

}

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Stella's sister is visiting Texas while her husband is at a military outpost. Can she legally drive

Answers

Yes , She can drive with a valid out-of-state license.

What is out-of-state license?

Out-of-state license serves as the driving license that gives induvidual the permission to drive from one state to another , provided that she has attended a driving school.

Therefore, ion the case of tella's sister is visiting Texas while her husband is at a military outpost, she can definitely drive.

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how to get accurate weight with capsule machine 00

Answers

Fill weight of capsules equals tap bulk density of material multiplied by capsule volume. This is further explained below.

What is a capsule machine?

Generally, Filling empty capsules with medicinal contents is done by using a Capsule Filler machine. Capsule fillers used in large-scale pharmaceutical production are very efficient.

In conclusion, Volume x Tapped bulk density = Capsule fill weight

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The finance function of business includes activities such as ______. (Select all that apply)

Answers

The finance function of business includes activities such as the following listed below:

InvestingBudgetingSaving

What is Finance?

This department is vital for acquiring and managing the funds which are used for operations and others in a business enterprise. Finance ensures that the funds aren't looted or misappropriated through the balancing of books and audit.

This department is also useful in the preparation of budget of the business. This depicts how the money is to be spent in other to prevent wastage and other factors such as inflation hence the need to buy in bulk.

This therefore makes the options listed above as the most appropriate choice.

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The _______ property allows you to add a preset value to a field.

Answers

The default value property allows you to add a preset value to a field.

What is the default value?

The default value is any arbitrary value that is configurated in an HTML value attribution.

This value (default) configures a given value to open the Work Portal for the first time.

In conclusion, the default value property allows you to add a preset value to a field.

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Janet is a farmer. Which of the following are included in her human capital

Answers

What will be included in Janet's human capital is; C. What she's learned from experience but not her tractor

What is Human Capital?

The term human capital is defined as the economic value of a worker's experience and skills. Human capital includes assets like education, training, intelligence, skills, health, and other things employers value such as loyalty and punctuality. Therefore, we can classify it as an intangible asset or quality that isn't and can't be listed on a company's balance sheet.

Now, the three kinds of human capital are knowledge capital, social capital, and emotional capital.

In this her farm, her tractor will be classified as a capital asset as it is an equipment that is a tangible asset or physical property. Thus, the option that depicts her human capital on the farm is Option C.

The missing options are;

a. Her tractor and what she's learned from experience

b. Her tractor but not what she's learned from experience.

C. What she's learned from experience but not her tractor

d. Neither her tractor nor what she's learned from experience

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Because of the difference between the discipline imposed by market competition and the discipline imposed by political decisions, which of the following is most likely

Answers

Because of the difference between the discipline imposed by market competition and the discipline imposed by political decisions, there is bound to be A. difficulty managing public investment so it's done in a cost-effective way.

What is a competitive market?

This is s a structure in which no single consumer or producer has the power to influence the market

The characteristics of a competitive market are:

Homogeneity of product.No existence of buyers or sellers.Access to information.No charge fr yranascation cost.No barries to entry or exit.

Hence, because of the difference imposed by the market and political decisions, the government borrowing cannot be reduced neither will there be an increase in the tax budget nor will the government budget hide the rate of private investment.

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Which of the following statements holds true regarding sleep

Answers

The statement that holds true about sleep is; the sleeping state can be immediately reversed; option D.

What is sleep?

Sleep is a semi-conscious state of the mind and the body in which the body rests in order to recover from a strenuous activity.

The sleeping state can be easily reversed to full consciousness when the person sleeping is awoken.

In conclusion, sleeping is not a permanent but a reversible state.

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Note that the complete question is given as follows:

Which of the following holds true regarding sleep?

A. The conscious mind and the outside world completely draw a blank.

B. The sleeping state is irreversible.

C. The sleeping state has the conscious mind perceiving all the sensations of the outer world.

D. The sleeping state can be immediately reversed.

The service amperage rating is based on the ____________.

Answers

The service amperage rating is based on the  amperage and the voltage ratings of the service.

What is Service Amperage Rating?

The average home has an electrical service of 100 to 200 amps.

Amperage is a measurement of the volume of electricity flowing through wires, and it can range from 30 amps in very old, unupdated homes to 400 amps in a very big home with significant electric heating systems.

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Jake has just arrived at work. He starts typing a report that he has been working on for most of the week. In the middle of this, his supervisor sends him an email asking him to make some changes to an earlier report and send it in by the end of the day. Another email comes in with an urgent request for him to call a client who needs some details for another project. Finally, he gets another email asking him to review a report written by a co-worker. What should Jake do? What professional skills would he be using?

Answers

In the case above, Jake should list his duties in order of importance and Jake would be using time-management

What is Time management?

This is known to be a form of  a process of putting together and planning the ways to share your time between a lot of activities.

Note that in the case above, In the case above, Jake should list his duties in order of importance and Jake would be using time-management

See options below

What should Jake do?

a. complete his report and only then move on to the other tasks

b. call the client and work on his report as he speaks to the client

c. list his duties in order of importance and do them in that order

What professional skills would he be using?

a. time-management

b. resource-management

c. multitasking

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Answer:

list his duties and time management

Explanation:

chapter 22 drugs used to treat hypertension

Answers

Answer:

Angiotensin-converting enzyme (ACE) inhibitors reduce blood pressure by relaxing your blood vessels.

Common examples are enalapril, lisinopril, perindopril and ramipril.

The most common side effect is a persistent dry cough.

Common examples are candesartan, irbesartan, losartan, valsartan and olmesartan.

Explanation:

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