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 255 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 255 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 170 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 170 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 170 days ago|6/8/2014 12:18:16 PM
18,445,554 questions answered
Popular Conversations
Simplify 7 - (-4) + 3(-6). -7 7 -9 9
Weegy: 7 - (-4) + 3(-6) = -7 User: Evaluate 3|-3|. -6 6 9 -9 Weegy: 7 - (-4) + 3(-6) = -7 User: Evaluate ...
11/24/2014 2:58:50 PM| 9 Answers
In the expression (x2 + 3), the base is _____. x 2 3 User: ...
Weegy: A number can not be divided by zero. The answer to 8/0 is undefined. User: Another name for the natural ...
11/24/2014 2:38:34 PM| 7 Answers
Simplify 3 · 2x. What is the coefficient? 2 3 6 x User: ...
Weegy: c User: Find the value of (3 + 4)2. 14 25 49 User: Evaluate N2 + 2N + 1 for N = 5. 21 36 51 Weegy: ...
11/24/2014 2:34:02 PM| 6 Answers
Simplify 12A + 2 + A - 1. 14A - 1 13A - 1 13A + 1 User: ...
Weegy: 12(A - B) = 12A - 12B User: Simplify 10x - 3x + (-5x). -2x 2x 18x -18x Weegy: c.18x User: Simplify ...
11/25/2014 3:05:18 PM| 6 Answers
6 1/3 + 4 ¾ + 3 7/12 = 13 11/12 14 2/3 13 2/3 14 7/8 User: ...
Weegy: 3/5 to a decimal fraction is 0.6 3/5 = 0.6 User: 16 is what percent of 72? 22.2% 2.22% 4.5% 45% ...
11/24/2014 8:12:37 AM| 4 Answers
what was the first human invention to break the sound barrier
Weegy: The first human invention to break the sound barrier is a whip or [ bullwhip. ]
11/24/2014 10:26:02 AM| 4 Answers
Determine the solution set of (2x - 5)2 = 11.
Weegy: 2x - 3 = 9 2x = 9 + 3 2x = 12 x = 12/2 x = 6 User: Determine the solution set of (3x + 1)2 - 100 = ...
11/25/2014 11:37:07 AM| 4 Answers
How is the infinitive used in the sentence? Are those cowboy boots ...
Weegy: I need some time to think. Infinitive: To think; Use: Adjective User: How is the infinitive used in the ...
11/24/2014 10:27:35 AM| 3 Answers
9. Which kind of phrase are the underlined words in the sentence? ...
Weegy: The water from the well smells funny to me. The phrase from the well is an adjective phrase. User: Which ...
11/24/2014 12:03:46 PM| 3 Answers
Find the value of 4^2 + 6^2. 20 52 100 User: Find the value of ...
Weegy: 18 (eighteen) is the natural number following 17 and preceding 19. Please be specific with your question for us ...
11/24/2014 2:30:14 PM| 3 Answers
-6 + (-5) + 7 4 -4 -18 18
Weegy: -6 + (-5) + 7 = -4 (so the answer is b) User: 7 + 9 + (-4) 20 -20 12 -12 Weegy: It is 12 answer C) no ...
11/24/2014 2:47:27 PM| 3 Answers
20,000 pounds equals how many English tons?
11/25/2014 3:30:36 AM| 3 Answers
Weegy Stuff
S
L
1
L
P
C
1
P
C
1
L
P
C
1
Points 2576 [Total 14287]| Ratings 10| Comments 2476| Invitations 0|Offline
S
L
Points 1412 [Total 3698]| Ratings 0| Comments 1412| Invitations 0|Offline
S
L
Points 769 [Total 1290]| Ratings 6| Comments 709| Invitations 0|Offline
S
1
L
1
L
P
P
L
P
Points 761 [Total 14135]| Ratings 0| Comments 761| Invitations 0|Offline
S
Points 662 [Total 694]| Ratings 1| Comments 652| Invitations 0|Offline
S
1
L
L
Points 267 [Total 6661]| Ratings 0| Comments 267| Invitations 0|Offline
S
L
Points 159 [Total 1455]| Ratings 3| Comments 129| Invitations 0|Offline
S
Points 67 [Total 67]| Ratings 1| Comments 57| Invitations 0|Offline
S
Points 50 [Total 50]| Ratings 0| Comments 0| Invitations 5|Offline
S
Points 46 [Total 46]| Ratings 3| Comments 6| Invitations 1|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.