lktrinceCarrilleyd
lktrinceCarrilleyd lktrinceCarrilleyd
  • 26-04-2016
  • Business
contestada

Joe's Computers is a single seller that produces a new product with no close substitutes. This business is a _____. price taker price setter

Respuesta :

meerkat18
meerkat18 meerkat18
  • 30-04-2016
This business is a price setter. There are two kinds of business in the market: price takers and price setters. Price setters are those that don't go with the flow, and set their own market value. Price takers are the opposite. They mostly follow or accept the prevailing market prices. Since the business sells a product that's one-of-a-kind, it has the advantage of selling it at any price it wants.
Answer Link
trentcook2202
trentcook2202 trentcook2202
  • 25-02-2020

Answer:

price setter....

Answer Link

Otras preguntas

What's the answer to log1/3 27 = ?
write a whole number and a fraction greater than 1 to name the part filled. think: 1 container= 1
If the weight of a package is multiplied by 5/7 the result is 40.5 pounds. Find the weight of the package.
As viewed from a cliff 340 feet above sea level, a ship is 450 feet from the shore. What is the angle of depression from the cliff to the ship on the water belo
Opposite of POTENT: (A) feeble (B) comparable (C) frantic (D) imposing (E) pertinent
how can I use the word poll in a sentence
How many ways are there to arrange five French club members for a yearbook photo if the president and vice president must be seated in front with the other thre
What's the answer to log1/3 27 = ?
What was the pharaoh's role in ancient egypt?
Can someone help me with this page?