Competition among sellers improves the quality of goods for consumers. Could this mechanism work for the private
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (13 reviews)
The incentive to earn profit in a competitive environment spurs costcuttin...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business Law questions
-
Private markets ration goods among consumers in an efficient way. Explain what this statement means. Does it imply that there is no basis for thinking that some other distribution would be better?
-
This chapter suggests that consumers judge service quality along five key dimensions: tangibles, reliability, responsiveness, assurance, and empathy. Which dimension is the most important to you when...
-
The monetary policy transmission mechanism ? works via changes on money supply works via the influence of the Bank of Canada's "policy rate" on interest rates, asset prices and the foreign exchange...
-
In your hometown what system is used to price the publicly supplied water? Why was that pricing system chosen? Would you recommend an alternative?
-
What changes would you expect in the strength hardness, ductility, and anisotrophy of annealed metal after they have been drawn through dies? Why?
-
The net sales and the number of employees for aluminum fabricators with similar characteristics are organized into frequency distributions. Both are normally distributed. For the net sales, the mean...
-
If \(X_{t} \sim N\left(0, \sigma^{2} t ight)\) and \(Y_{t}=e^{X_{t}}\), calculate the pdf of \(Y_{t}\). Calculate \(\mathbf{E}\left[Y_{t} ight]\) and \(V\left(Y_{t} ight)\). Calculate the transition...
-
The Kentucky Derby is perhaps the premier event in U.S. horse racing. For each of the following examples from the derby, identify the type of variablenominal, ordinal, or scale. a. As racing fans, we...
-
Required information Problem 1-35A (Static) Recording events in a horizontal statements model LO 1-3, 1-4, 1-5, 1-6, 1-7, 1-8, 1-9, 1-10 [The following information applies to the questions displayed...
-
What amount will reduce the amount due on an invoice of $1940 by $740 if the terms of the invoice are 5/10, n/30 and the payment was made during the discount period?
-
Assume that criminals discount risk and futurity more than other people. What policies might reduce crime by changing this fact?
-
What are the main sources of randomness in the contemporary criminal justice system?
-
You are holding one end of an elastic cord that is fastened to a wall 3.0 m away. You begin shaking the end of the cord at 3.5 Hz, creating a continuous sinusoidal wave of wavelength 1.0 m. How much...
-
As technology improves over time, fewer workers are needed to produce the same goods as before. Do you think this might have an implication for payas-you-go systems?
-
How does the Dodd-Frank Act of 2010 compare to the Glass-Steagall Act of 1933?
-
What is a pay-as-you-go pension plan?
-
The Federal Reserve eliminated reserve requirements in March 2020. What effects should this have on the size of money market mutual funds?
-
Suppose you heard that an investment bank decided not to form a syndicate to underwrite an issue of securities. What does this piece of information tell you about the quality of the securities soon...
-
Critically assess the concept of internal marketing in the context of the services sector. Do you think that marketers have made a useful contribution to the issue of how to engage employees in order...
-
Phosgene, COCl2, is a toxic gas used in the manufacture of urethane plastics. The gas dissociates at high temperature. At 400oC, the equilibrium constant Kc is 8.05 104. Find the percentage of...
-
Public interest and public policy are the same thing. True/False
-
Jack Duran, president of Colorado Carpet Installation, Inc., began negotiations with Fred and Zuma Palermo for the sale and installation of carpeting, carpet padding, tile, and vinyl floor covering...
-
On November 1, the Kansas City Post Office Employees Credit Union merged into the Kansas City Telephone Employees Credit Union to form the Communications Credit Union (Credit Union). Systems Design...
-
Richardson hired J. C. Flood Company, a plumbing contractor, to correct a stoppage in the sewer line of her house. The plumbing companys snake device, used to clear the line leading to the main...
-
A client walks into your office to prepare a TY 2 0 2 0 return for federal and state. He has some charitable expenses worth $ 1 , 0 0 0 , which is not enough to itemize. So , he wants to take $ 3 0 0...
-
A taxpayer spends six months in the year working and living in the state. They move across the border, but keep the same job. For all intents and purposes, they are now domiciled in this other state...
-
Andre wants to make charitable contributions for the tax year to maximize the impact on his State return without needing to adjust for conformity issues. His AGI is $ 7 5 , 0 0 0 . What is the...
Study smarter with the SolutionInn App