Germaine operates a florist shop in a busy section of town in which there are many competing florists, each selling somewhat unique floral arrangements, earning zero economic profits in the long run. Germaine is operating in a(n):

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Answer 1

Germaine is operating in a perfectly competitive market. As there are many competing florists, each selling somewhat unique floral arrangements, earning zero economic profits in the long run.

What is perfectly competitive market?

Perfectly competitive market is considered when all the competitors have same items and has no influence on pricing, and companies can enter and exit the market at any moment.

The market without restriction, customers have perfect or complete information, and companies are unable to set prices, according to economic theory.

Thus, the situation is of perfectly competitive market.

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Related Questions

Sherry is trying to increase her daily exercise. She has downloaded an application on her phone that tracks how far and how long she walks in the evenings. Based on the components of self-regulation, which part of the process is she implementing

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Based on this information and the components of self-regulation, Sherry is implementing self-evaluation.

What are self-regulation?

It is the ability to analyze the environment and the set of processes that we carry out in order to successfully manage ourselves whose components are self-observation, self-evaluation and self-reinforcement.

Self-evaluation component refers to the fact that the person determines some criteria that mark or guide the objectives that he wants to achieve, these criteria can contrast whether the change in behavior is the one he is looking for or not, according to his objectives.

Therefore, we can conclude that based on this information and the components of self-regulation, Sherry is implementing self-evaluation.

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How have your planning/drafting/writing strategies and critical thinking practices evolved this semester

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The answer here is a comparison of your planning, drafting, writing strategies, and critical thinking practices this semester with those of another semester.

How do you do a comparative analysis?

Write each subject as a different subheading, then using a tabular form first, highlight similarities.

Then, you proceed to highlight the differences. You can then write a summary of the similarities and the differences. It can be advantageous to highlight the reasons for the variations in your summary.

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Which type of utility can only be added by the maker of the product?
A. Place utility
B. Possession utility
C. Form utility
D. Time utility

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C. Form utility is the one that can only be added by the maker of the product

Answer:

C

Explanation:

Trust me i just took the test

Windham Corporation has current assets of $680,000 and current liabilities of $850,000. Windham Corporation's current ratio would be increased by:

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The ratio could increase with the purchase of $170,000 of inventory on account.

An increase in the supply of money will lead to ____ in equilibrium real GDP and ____ in equilibrium price level. a.a decreases; an increase b.a decrease; a decrease c.an increase; a decrease d.an increase; an increase g

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When borrowing money becomes easier, consumption and lending (and borrowing) rates tend to rise.

Higher rates of consumption, lending, and borrowing can be linked to a rise in an economy's overall output, expenditure, and, presumably, GDP in the near run.

For a given price level and output, an increase in the money supply lowers the interest rate.

What Factors Influence Money Supply?

The most important determinant of the money supply is the Federal Reserve policy.

The Federal Reserve influences the money supply via changing bank deposits, which are its most essential component. This is how it goes.

Depository institutions (commercial banks and other financial institutions) are required by the Federal Reserve to retain a portion of their deposit liabilities as reserves.

These reserves are held by depository institutions as cash in vaults or ATMs, as well as deposits at Federal Reserve banks.

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The primary purpose of a ____ meeting is to identify and resolve problems. Group of answer choices technical design review problem-solving communications flow status review

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The primary purpose of a review and problem-solving meeting is to identify and resolve problems.

What is a meeting?

Meeting involves group of people coming together for a particular reason. It could be to resolve a particular problem, or to organize and plan a program and to share relevant information partaining to the problem.

Therefore,the primary purpose of a review and problem-solving meeting is to identify and resolve problems.

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Developing an understanding of cultural implications can greatly improve workplace interactions in the long run, resulting in improved relationships with diverse a. suppliers. b. customers. c. employees. d. all of the above

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Developing an understanding of cultural implications can greatly improve workplace interactions in the long run, resulting in improved relationships with suppliers, customers and employees.

What are cultural implications?

The impacts of a policy, event, activity or movement on a particular culture are referred to as cultural implications.

External and internal events can weaken, change, or reinforce specific parts of a culture, affecting the success of cultural globalization.

In the long term, developing a cultural knowledge can considerably improve workplace interactions, resulting in improved connections with suppliers, customers, and employees.

Therefore, option D is correct.

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E-commerce ________ includes creating marketing messages that contain the individual’s name, appeal to his/her interests, and take their purchase behavior into account.

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E-commerce personalization is creating marketing messages that contain the individual’s name and take their purchase behavior into account.

What is e-commerce?

It should be noted that e-commerce simply means the buying and selling if goods through the internet.

In this case, E-commerce personalization is creating marketing messages that contain the individual’s name and take their purchase behavior into account.

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Social shopping focuses on the Blank______. Multiple choice question. service elements of a customer transaction user or buyer shopping experience relationship between the social outlet and the manufacturer seller and purchase transactions

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Social shopping focuses on Option B. Social shopping is a type of e-commerce in which shoppers' friends participate in the shopping process.

What exactly is a social shopping platform?

Social shopping platforms and apps are far larger on the commerce spectrum than the name implies. These are systems and programs that enable firms to turn their social media channels into social shops. Social purchasing has numerous advantages for both companies and individuals.

Customers can interact with your brand, post reviews, and ask questions more easily using social commerce. It provides your customers with a human connection that traditional e-commerce does not.

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Jersey's Smoothie Bar has decided to set its pricing structure based on an annual percentage of the amount earned as a result of financial investment as a quantifiable means to gauge the success of their pricing. This pricing structure is known as

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Jersey's Smoothie Bar set pricing structure

as a quantifiable means target return on investment pricing.

What is pricing method?

A pricing method is used to calculate the price to be set as regards a product so as to have a return with desired profit .

Therefore, Jersey's Smoothie Bar utized this pricing strategy to meet their target.

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A writer, an illustrator, a publisher and an agent would form a ______. a. functional team b. cross-functional team c. management team d. corporate team please select the best answer from the choices provided a b c d

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A Cross-functional team will be formed when a writer, an illustrator, a publisher and an agent work together.

What is a Cross-functional team?

This means the groups of people from various departments in an organization that work together to achieve a common goal.

Hence, when writer, an illustrator, a publisher and an agent work together, this is known as a Cross-functional team.

Therefore, the Option B is correct.

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The best product development strategy for most firms is to:.

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Answer:

constantly monitor consumer wants and needs and be willing to develop new products and adapt policies and services as those consumer needs begin to change.

When a department has no idle capacity and will interrupt their current level of sales to regular customers, the lowest acceptable transfer price to supply product to another division is ______.

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The lowest acceptable transfer price at which the product can be supplied to the regular customer, during no idle capacity, is the selling price of the product.

What is idle capacity?

The idle capacity in terms of the manufacturing department can be understood as the remaining capacity held by the business over its regular production.

Thus, when a department has achieved its idle capacity due to which the current sales to the regular customer will hamper. In this case, the department cannot transfer or supply the product below its basic selling price.

Therefore, the selling price can be taken as the lowest acceptable transfer price.

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Which of the following measures would a president adhering to Keynesian economic principles most likely employ during an economic recession?
i. A budget with significant cuts in federal spending on entitlement programs like Medicaid
ii. A budget that raises the federal interest rate from 1.65% to 1.8%
iii. A budget that cuts corporate income tax rates and decrease regulation of the economy
iv. A budget with significant additions of public work projects to provide employment for Americans without jobs

Answers

The measure that would be employed by the president is a budget that cuts corporate income tax rates and decrease regulation of the economy.

What is the president's response to a recession?

A recession is when the gross domestic product of a country for two consecutive quarters is negative. When there is a recession, the apporopriate response should be an expansionary policy.

Keynesian economics advocates for increasing consumer spending in a recession. This can be achieved through reducing taxes.

Under the Americans with Disabilities Act, employees with disabilities must reasonably accommodate the needs of their employers true or false

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The statement is false, that the employees with disabilities must reasonably accommodate the needs of their employers.

What is the Americans with Disabilities Act?

The Americans with Disabilities Act of 1990. This act is sometimes known as the ADA, is a civil rights statute that forbids discrimination against people with disabilities.

Employers with 15 or greater employees are normally obligated to implement reasonable modifications under the Americans with Disabilities Act.

Employers with less than 50 employees may be required by state and local legislation to provide reasonable accommodations.

Under this act, employees with disabilities will not compulsorily  reasonably accommodate the needs of their employers.

Therefore, the given statement is false.

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Crimeco senior executives were involved in a massive fraud scheme to misrepresent their financial health. Faroq was employed by Crimeco as a regional manager and reported to state authorities about the fraud. Faroq is known in employment law as a/an

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The role of Faroq in Crimeco as a regional manager is known in employment law as a/an whistle-blower.

What is the role of an employment lawyer?

An employment lawyer is an individual that oversees, drafts, and prepares claims about all fraudulent activities and financial mismanagement in an organization. They also serve as an advisor to their clients.

From the information given, the role of Faroq in Crimeco as a regional manager is known in employment law as a/an whistle-blower.

This is because he is tasked with exposing and reporting to state authorities about all the massive fraud schemes carried out by the Crimeco Senior executives.

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What may be a concern if you have an adjustable rate mortgage (arm)? a. after the initial fixed rate period, your rate may increase. b. your payment will constantly change during your initial fixed rate period. c. after the initial fixed rate period, your rate may decrease. d. a portion of your rate pays the commission of your mortgage broker. please select the best answer from the choices provided a b c d

Answers

The most appropriate concern in relation to the adjustable rate of the mortgage for the borrowers is the increase in rate after the initial fixed-rate period.

So, Option A is the correct answer.

What is the adjustable-rate mortgage?

ARM is the abbreviated form of adjustable-rate mortgage where the rate of interest variates over the life of a mortgage. There is a longer duration associated with the constant interest rate of an ARM at the time of taking the mortgage.

The interest rates in ARM are usually lower at the starting period but then rise or fall throughout its life. When the term of the mortgage expires, the lenders can easily modify the interest rates, that is, they can either increase or decrease the rates.  

Therefore, the rise in interest rates after the fixed period would be a concern for mortgage borrowers.

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_____ encompasses purchases of fixed assets abroad used in the manufacture and sales of goods and services.

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Answer:

The correct answer is called capital goods. Give me Brainiliest

At _____ stage of the organizational life cycle, it becomes appropriate that many organizations have to be reorganized or restructured to achieve higher levels of coordination between and among different groups or subunits.

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At early stage of the organizational life cycle, it becomes appropriate that many organizations have to be reorganized.

What is an organizational life cycle?

The organizational life cycle serves as a theoretical model based on the changes organizations experience .

This experience comes as they grow and mature, however at early stages, many organizations have to be reorganized or restructured to achieve higher levels.

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The monopolist's demand curve is: a. identical to the market demand curve. b. identical to the marginal revenue curve. c. below the marginal revenue curve. d. a horizontal line at the market price. e. a U-shaped curve.

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The monopolist's demand curve is identical to the market demand curve.

Who is a monopolist?

Monopolist is an individual or a firm that produces goods, render services and also have control over the product that they produce.

They are not involved in competitive market but always look out for policies that will favor their market.

Therefore, The monopolist's demand curve is identical to the market demand curve.

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In the short run, a firm operating in a monopolistically competitive market can earn a. positive economic profits. b. economic losses. c. zero economic profits. d. All of the above are possible

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A firm operationg in a monopolistically competitive market can earn

a. positive economic profits

Monopolistically Competitive Market

Monopolistically competitive market is a type of market that has a range of similar products from different producers. In other words, the product of one firm can be a substitute to the products of other firms

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The three largest manufacturers of telecommunications wire conspired together so that all three firms would charge the same price for coaxial cables. This is an example of

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When companies conspire together to charge the same price for a product, it is an example of price fixing.

What is price fixing?

It is an agreement established between companies with the objective of controlling the price levels of a product or service, which can influence the increase, decrease and stabilization of the price. This is an illegal strategy that can generate inflation and market monopolization.

Therefore, price fixing must be fought by antitrust laws, as this action does not serve the interests of consumers, increases entry barriers and disturbs the normality of supply and demand.

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MC Qu. 15 In a direct claim, you should close with In a direct claim, you should close with Multiple Choice an expression of goodwill. a restatement of the problem. details backing the claim. an apology. a deadline for a response.

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In a direct claim, there will be a deadline for responding, usually 30 days from the date of submission and receipt of the notification.

What is a direct claim?

It is any claim by an indemnified person that is not a third party, where there is a notification and a deadline for responding to the claim, which within a period of 30 days can be negotiated for the resolution of the problem.

Therefore, the response period must be considered by the receiver, if this is rejected, it is up to the applicant to seek resolution in court.

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How many ways are there to make change for a dollar.

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Answer:

With the four coins (quarters, dimes, nickels, and pennies), there are 242 ways to make change for a dollar.

A developing nation begins to import more and more films from Western countries because it lacks the resources to produce big-budget blockbuster movies. Eventually, no films are being made locally; everything is coming from abroad. This illustrates

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An idea of Cultural Imperialism is illustrated when a developing nation import more from Western countries because it lacks the resources to produce.

What is a Cultural Imperialism?

This refers to domination of one culture over another and leads to the diminishment or annihilation of one or the other.

The ide of western cultural imperialism is explained when developing nation import more films from Western countries because it lacks the resources to produce big-budget blockbuster movies.

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Match each word with the phrase that best defines it.

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Answer:

1) A 2) B 3) D 4) C

Explanation:

You see you take them and think what they could mean like "reliable" means to trust or confide yourself to that person/place/or/and thing.

Which balance sheet line item will help explain a difference between net income on the income statement and cash from operating activities on the statement of cash flows?.

Answers

Accounts receivable will help explain a difference between net income on an income statement and cash from operating activities on the statement of cash flows.

What is an income statement?

An income statement refers to a financial document which is typically used to record the amount of money (income or revenues) that are entering into a business.

Generally, accounts receivable is a balance sheet line item which can be used by an entrepreneur or business firm to explain a difference between net income on an income statement and cash that were collected from customers (operating activities) on the statement of cash flows.

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It is estimated that logistics costs including transportation, distribution center operations, and order processing represent ________ of the retail price that you pay for a new car.

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It is estimated that logistics costs including transportation, distribution center operations represent 25 to 30% of the retail price that you pay for a new car.

What is retail price?

The retail price is the price that a customer will pay when purchasing a product at a retail store. This is the final price that customers pay for the goods purchased.

Here, other expense cost are added before a retail price is decided by a seller so that they can have profit from the sale.

Hence, It is estimated that logistics costs including transportation, distribution center operations, and order processing represent 25 to 30% of the retail price that you pay for a new car.

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The type of cover letter written to inquire about possible job openings: a. networking letter b. prospecting letter c. application letter d. follow up letter

Answers

The type of cover letter written to inquire about possible job openings is b. prospecting letter.

What is Prospecting letters ?

Prospecting letters serves as one that is been sent are to leads potential clients, or past clients so they can continuously grow a real estate business.

Therefore, prospecting letter is type of cover letter written to inquire about possible job openings.

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Answer:

B

Explanation:

Trust

What kind of financial institutions does the office of thrift supervision oversee? a. credit unions and local banks b. the stock market c. savings and loan institutions d. check clearinghouses

Answers

OTS supervises the financial system of the U.S. and is also in charge of savings and loan institutions.

What are the primary responsibilities of the Office of Thrift Supervision?

This bureau was in charge of ensuring the safety and soundness of thrift bank deposits. It accomplished this by auditing and inspecting banks to ensure that government regulations and policies were followed.

The office of thrift supervision is in charge of c. savings and loan institutions.

Therefore, the option c.describes the duties of OTS.

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Answer:

C

Explanation:

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Hi! I'm hoping someone can help me with this please thank you XDThe volume of a gas is 204mL when the pressure is 925kPa. At constant temperature, what's the final pressure if the volume increases to 306ml Help please please please Giving copious examples, illustrate the differences between adjuncts, disjuncts, and conjuncts. Find the determinant of this matrix:[tex]\left[\begin{array}{ccc}0&1\\1&0\end{array}\right][/tex] I NEED HELP WITH THIS The Hart and the Hunter The hart was once drinking from a pool. He admired the noble figure he made there. "Ah," said he. Where can you see such noble horns as these, with such antlers! I wish I had legs worthier to bear such a noble crown, it is a pity they are so slim and slight. At that moment a hunter approached and sent an arrow whistling after him Away bounded the hart, and soon by the ad of his nimble legs, was nearly out of sight of the hunter. 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The measurement of cosmic distances was helped tremendously by the discovery, in the early part of the 20th century, that in Cepheid variable stars, the average luminosity was related to: What does it mean when someone is keeping tabs on you. pizzzzzzzzzzzzzzzzzzzzzzz help pizzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz help when hitler was appointed as a chancellor How does the use of the understatement in the excerpt affect this part of the scene? it creates a more serious tone by mentioning that the engagement will appear in the newspaper. it makes it clear that gwendolen is not extremely concerned with the current situation. it heightens how ridiculous it is that two women think they are engaged to the same man. it heightens cecilys outrage at gwendolen for thinking she is engaged to ernest worthing. What does the term "military burden" refer to, primarily? i need help on this even more Phoebe is concerned that it the error is not fixed, her pay increase wll be less in futureyears than it is supposed to be. If Phoebe continuesto work al the company and receives.an increase of $0.75 per hour instead of a 5% increase. what will be the difference in herhourly pay in 5 years? Show vour work. Ths term referms to a growth in visual arts, wrtiting, and music.A. AestheticB. ArtifactC. RenaissanceD. Pictograph Subtract these polynomials.(x^2 + 5x + 2) - (5x^2 - x - 2) PLS HELP PLS I WILL GIVE BRAINLISTWhich punctuation mark goes in the space? My sister stole a bunch of my things ______ my pants, shoes, and jackets. Group of answer choicesNoneComma ,Dash -Colon :Semi-Colon ;Period. Which punctuation mark goes in the space? My sister stole a bunch of my things ______ except my favorite blanket. Group of answer choicesNoneComma ,Dash -Colon :Semi-Colon ;Period. Which punctuation mark goes in the space? My sister stole a bunch of my things ______ because she's rude to me. Group of answer choicesNoneComma ,Dash -Colon :Semicolon ;Which punctuation mark goes in the space? My sister ____ who is rude to me, stole a bunch of my things. Group of answer choicesNoneComma ,Dash -Colon :Semicolon ;Which punctuation mark goes in the space? My sister stole my favorite thing ______ my jacket. Group of answer choicesNoneComma ,Dash -Colon :Semicolon ;Period. Which punctuation mark goes in the space? If my sister steals one more of my things ______ I'm going to never talk to her again. Group of answer choicesNoneComma ,Dash -Colon :Semicolon ;Which punctuation mark goes in the space? I'm going to tell my dad ______ my mom - if my sister steals more of my things. Group of answer choicesNoneComma ,Dash -Colon :SemicolonWhich punctuation mark goes in the space? My sister stole a bunch of my things ______ I'm going to tell my dad. Group of answer choicesNoneComma ,Dash -Colon :Period. Which punctuation mark goes in the space? My sister stole a bunch of my things ______ my dad will punish her for me. Group of answer choicesNoneComma ,Dash -Colon :Semicolon ;Which punctuation mark goes in the space? My sister stole a bunch of my things like ______ my pants, shoes, and jackets. Group of answer choicesNoneComma ,Dash -Colon :Semicolon ; An airline gathers data on late departures and early arrivals over a month. it finds that the probability of a late departure is 12 percent, the probability of an early arrival is 27 percent, and the probability of both a late departure and an early arrival is 4 percent. which equation shows how to correctly calculate the probability of a late departure or an early arrival? p(late departure or early arrival) = 0.12 0.04 p(late departure or early arrival) = 0.12 0.27 p(late departure or early arrival) = 0.12 0.27 0.04 p(late departure or early arrival) = 0.27 0.04 0.12