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what is a perfect competition
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Asked 3/6/2014 5:08:05 AM
Updated 8/15/2014 3:45:17 PM
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User: what is a perfect competition

Weegy: Perfect competition is a theoretical market structure. It is primarily used as a benchmark against which other, real-life market structures are compared. [ The industry that most closely resembles perfect competition in real life is agriculture. Perfect competition is the opposite of a monopoly, in which only a single firm supplies a particular good or service, and that firm can charge whatever price it wants because consumers have no alternatives and it is difficult for would-be competitors to enter the marketplace. ]
yumdrea|Points 5544|

User: When marginal costs are below average cost at a given output, one can deduce that, if output increases

Weegy: When marginal cost is below average variable cost, average variable cost must be falling.
jeifunk|Points 16983|

User: In the short-run under the keynesian macroeconomics..... MPC is less than APC APC is equal to MPC APC is less than MPC MPC is greater than APC

Weegy: In the short-run under the keynesian macroeconomics, MPC is less than APC.
emdjay23|Points 3185|

User: From National Income (NI) one can make an estimate of personal income by making adjustment with respect to the following except..... Indirect tax Pension Undistributed profits Social Insurance Trust Fund

Weegy: From National Income (NI) one can make an estimate of personal income by making adjustment with respect to the Indirect tax , Undistributed profits ,Social Insurance , Trust Fund except Pension . [ Therefore the answer is "Pension". ]
armageddon|Points 2072|

User: Which of the following is not a type of financial institution? Development Banks Insurance Companies Untraditional Financial Institutions Pension Scheme

Weegy: Pension Scheme
bigmatch|Points 60|

User: Which of the following is a reason why government levy tax To redistribute income To check inflation To encourage even development All of the above

Weegy: d. all of the above
bigmatch|Points 60|

User: Which of the following is a type of indirect tax? Sales tax Poll tax Capital tax Income tax

Question
Asked 3/6/2014 5:08:05 AM
Updated 8/15/2014 3:45:17 PM
1 Answer/Comment
New answers
Rating
3
Sales tax is a type of indirect tax.

Added 8/15/2014 3:45:17 PM
This answer has been confirmed as correct and helpful.
Confirmed by selymi [8/15/2014 11:39:55 PM]
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