Question and answer
. How much control over price do companies in a perfectly competitive market have? A. none B. very little C. some D. total control
A.None. Firms are price-takers in a perfectly competitive market.
Expert answered|liviaa|Points 626|
Question|Rated good
Asked 12/29/2011 11:23:49 AM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Why do fads often lead to shortages, at least in the short term? A. Buyers and sellers are unable to agree on a price for the good. B. Laws prevent stores from responding to excess demand in time to prevent a shortage. C. Manufacturers charge extremely high prices for the goods that stores are unwilling to pay. D. Demand increases so quickly and unexpectedly that time is needed for the quantity supplied and price to ...
Question
Not Answered
Updated 353 days ago|3/15/2014 8:17:14 AM
1 Answer/Comment
Fads often lead to shortages, at least in the short term because : Buyers and sellers are unable to agree on a price for the good.
Added 353 days ago|3/15/2014 8:17:14 AM
This answer has been confirmed as correct, not copied, and helpful.
Which of the following is a situation that makes the market behave inefficiently? A. when consumers do not have enough information to make good choices B. when producers have the power to find out exactly what to produce C. when both consumers and producers are fully informed about a product D. when the market is in perfect competition and prices are high
Weegy: when the market is in perfect competition and prices are high, then it makes the market behave inefficiently User: Which of these is most likely to lead directly to a black market? A. a supply shock B. a price floor C. rationing D. equilibrium Weegy: supply shock leads directly to a black market (More)
Question
Expert Answered
Updated 267 days ago|6/8/2014 12:18:16 PM
2 Answers/Comments
A situation that makes the market behave inefficiently is when consumers do not have enough information to make good choices.
Added 267 days ago|6/8/2014 12:15:15 PM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by yumdrea [6/8/2014 12:16:38 PM]
Rationing is most likely to lead directly to a black market.
Added 267 days ago|6/8/2014 12:18:16 PM
19,743,734 questions answered
Popular Conversations
How far does a boat travel in 3 hours at 65 miles per hour?
Weegy: A boat travel in 3 hours at 65 miles per hour is 195 miles far. 3 hours * 65 miles/hour = 195 miles User: ...
3/2/2015 9:48:36 AM| 6 Answers
Evaluate the following expression. (81)0 0 1 8 User: ...
Weegy: Answer : If m=2 and n= -1 To evaluate m0 - n2 is 2(0) - -1 (2) = 0 - -2 = =+2 or simply 2 User: Evaluate the ...
3/2/2015 11:47:48 AM| 6 Answers
Describe the location of the point that has the following ...
Weegy: First Quadrant. User: Find the value of 7 + 32 (-5 + 1) ÷ 2. User: What is the fractional equivalent of ...
3/2/2015 10:04:10 AM| 5 Answers
Simplify 7 · 6 · 2h · d.
Weegy: Please state your question again. The one that you have put cannot be understood by Weegy! User: Simplify 7 · ...
3/2/2015 1:02:06 PM| 5 Answers
Factor 49t 6 - 4k 8
Weegy: 49t^6 - 4k^8 = (7t^3 + 2k^4)(7t^3 - 2k^4) User: Factor -5x 2 y + 10xy - 15xy 2 Weegy: Factor completely: ...
3/2/2015 2:56:09 PM| 4 Answers
The first term of a geometric sequence is 7, and the ratio ...
Weegy: The ratio is 2/1. User: What is the 6th term of the following geometric sequence? 2,-14,98,-686
3/2/2015 9:59:00 AM| 3 Answers
Simplify -(4) to the -3 power User: Simplify -6 to the 0 power ...
Weegy: 4/5^-2 = 4/(1/5^2) = 4/(1/25) = 4 * 25/1 = 100/1 = 100
3/2/2015 8:20:12 PM| 3 Answers
All squares are rectangles. true or false
Weegy: A square is ALWAYS a rectangle. User: What is the most precise name for quadrilateral ABCD with vertices ...
3/2/2015 6:14:08 AM| 2 Answers
Which of the following ordered pairs is a solution of 2x - y = -9?
Weegy: The answers is 2x+9/x-2. User: Which of the following ordered pairs is a solution of 2x - y = -9? (4, -1) (3, ...
3/2/2015 8:52:55 AM| 2 Answers
Weegy Stuff
S
L
P
L
P
P
P
Points 167 [Total 8053]| Ratings 0| Comments 167| Invitations 0|Offline
S
1
L
L
Points 41 [Total 7542]| Ratings 0| Comments 41| Invitations 0|Offline
S
P
C
L
P
L
1
P
Points 31 [Total 7338]| Ratings 0| Comments 31| Invitations 0|Offline
S
Points 16 [Total 107]| Ratings 0| Comments 16| Invitations 0|Offline
S
Points 11 [Total 379]| Ratings 0| Comments 11| Invitations 0|Offline
S
Points 10 [Total 126]| Ratings 1| Comments 0| Invitations 0|Offline
S
Points 10 [Total 10]| Ratings 1| Comments 0| Invitations 0|Offline
S
Points 10 [Total 240]| Ratings 1| Comments 0| Invitations 0|Offline
S
1
Points 4 [Total 915]| Ratings 0| Comments 4| Invitations 0|Offline
S
1
L
Points 2 [Total 3160]| Ratings 0| Comments 2| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.