Firms in the market will be price-takers when the following conditions are met:1. All firms in the market produce an identical product.2. A large number of firms (buyers and sellers) exist in the market, so that no single firm dominates the market.3. Each firm supplies only a very small portion of total output supplied to the market.4. No barriers limit entry into or exit from the market, and firms and resources are fully mobile.

Which p shifts to consumer in the four cs of the alternate marketing mix? a) promotion b) product c) place d) price

Martha is the head of the accounts department in a small manufacturing company. the company follows the accrual-basis method of accounting. it recently purchased raw materials worth $5,000 from its vendors. however, the company paid only $3,000 to its vendors. it plans to pay the remaining amount after three months. considering this information, which entry should martha record in the company’s accounts? a. $5,000 as accounts receivable b. $3,000 as accounts payable c. $2,000 as accounts payable d. $2,000 as accounts receivable

Post test question number 9 for entering the job market