The best definition of a market is a. a store that offers a variety of goods and
Question:
The best definition of a market is
a. a store that offers a variety of goods and services.
b. a place where buyers meet and an auctioneer calls out prices.
c. a group of buyers and sellers of a good or service.
d. a venue where the sole supplier of a good offers its product.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (4 reviews)
Answered By
Akshay Singla
as a qualified engineering expert i am able to offer you my extensive knowledge with real solutions in regards to planning and practices in this field. i am able to assist you from the beginning of your projects, quizzes, exams, reports, etc. i provide detailed and accurate solutions.
i have solved many difficult problems and their results are extremely good and satisfactory.
i am an expert who can provide assistance in task of all topics from basic level to advance research level. i am working as a part time lecturer at university level in renowned institute. i usually design the coursework in my specified topics. i have an experience of more than 5 years in research.
i have been awarded with the state awards in doing research in the fields of science and technology.
recently i have built the prototype of a plane which is carefully made after analyzing all the laws and principles involved in flying and its function.
1. bachelor of technology in mechanical engineering from indian institute of technology (iit)
2. award of excellence in completing course in autocad, engineering drawing, report writing, etc
4.70+
48+ Reviews
56+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
1. How strong are the competitive forces confronting J. Crew in the market for specialty retail? Do a [Michael Porter] five-forces analysis to support your answer. (see chapter 3 in the textfor...
-
The equilibrium price in problem is P = 3. This is an equilibrium because at this price, quantity demanded is precisely equal to quantity supplied (Q = 500). One might ask how the market is to reach...
-
Is a flat-rate or flat-fee system more efficient for pricing scarce water? Why?
-
An ammeter has a sensitivity of 20,000/V. What current in the galvanometer produces full-scale deflection?
-
From the following accounts, record the payment of (a) the July 3 payment for FICA (Social Security and Medicare) and federal income taxes, (b) the July 30 payment of state unemployment tax, and (c)...
-
Companies often emphasize either the functional or psychological needs their products fulfill. Go to Car and Drivers website (www.caranddriver.com) and identify a luxury car company that emphasizes...
-
Rescue Sequences, LLC, purchased inventory by issuing a $12,000, 10%, 60-day note on October 1. Prepare the journal entries for Rescue Sequences to record the purchase and payment assuming it uses a...
-
Which of the following is the proper accounting treatment for purchased goodwill? O A. Goodwill must be capitalized when acquired, and amortized over 20 years or less, O B. Goodwill must be...
-
In a perfectly competitive market, a. every seller tries to distinguish itself by offering a better product than its rivals. b. every seller takes the price of its product as set by market...
-
Kayla can cook dinner in 30 minutes and wash the laundry in 20 minutes. Her roommate takes twice as long to do each task. How should the roommates allocate the work? a. Kayla should do more of the...
-
Reddy Corporation has collected the following data for the month of June: What is the variable overhead efficiency variance? Actual total factory overhead incurred Budgeted fixed factory overhead...
-
TST102 Fundamentals of Test Evaluation Lesson 17 - Assignment Assignment 1: Developmental Test Planning You are designing a developmental test to verify that the SRAW safe-arm device (SAD) arms the...
-
The Mariana snailfish (see the photo) holds the record for the world's deepest living fish. The snailfish has been found in the Mariana Trench at a depth of 26 500 feet below the water's surface. (a)...
-
A soil sample was taken from a proposed cut area in a highway construction project and sent to a soils laboratory for a compaction test, using the Standard Proctor compaction procedure. Results of...
-
Sarah agrees to sing at Joe and Sandra's June wedding and signs a contract. In April, Sarah is invited to be the top billed singer and entertainer for Carnival Cruises. It is a 2 year contract that...
-
P = 7 kN, w = 12 KN/m and angle is 32 deg Equilibrium and support reactions for beams and frames Question 2a [25 marks] Show that the following beam is statically determinate. Determine the external...
-
Air flows at Mach 0.5 in a channel with cross-sectional area of 0.16 m2. The temperature and pressure are 800 K and 800 kPa, respectively. (a) Calculate the mass flow rate () through the channel. (b)...
-
Write a program that initializes an array. It inputs a value from the user and searches the number in the array.
-
Blackadder and Baldrick are rational, self-interested criminals imprisoned in separate cells in a dark medieval dungeon. They face the prisoners dilemma displayed in the matrix. Assume that...
-
By how much do subsidies reduce total economic surplus in the market for bread?
-
How much waste does a price ceiling on heating oil cause?
-
Indicate whether the following managerial policy increases the risk of a death spiral:Use of low operating leverage for productionGroup of answer choicesTrueFalse
-
It is typically inappropriate to include the costs of excess capacity in product prices; instead, it should be written off directly to an expense account.Group of answer choicesTrueFalse
-
Firms can avoid the death spiral by excluding excess capacity from their activity bases. Group of answer choicesTrueFalse
Study smarter with the SolutionInn App