Afirm characterized as a price taker question 1 options: has control over the price it pays, or receives, in the market. sets the price for the market. has no control over the price it pays, or receives, in the market. is not a characteristic of a perfectly competitive market. takes the price that is determined from the lowest price consumers are willing to pay for an item.

Yael decides that she no longer enjoys her job, and she quits to open a gluten-free, dairy-free kosher bakery. she pays a monthly rent for her store of $2,000. her labor costs for one month are $4,500, and she spends $6,000 a month on nut flours, sugar, and other supplies. yael was earning $2,500 a month working as a bank teller. these are her only costs. her monthly revenue is $14,000. which of the following statements about yael’s costs and profit are correct? correct answer(s) an accountant would say she is earning a monthly profit of $1,500. her implicit costs are $2,500 a month. an economist would tell her that she is experiencing a loss. her total costs are $12,500 a month. her explicit costs include the labor, rent, and supplies for her store. her economic profit is $1,500 a month.

Find a company that has followed a strong strategic direction- state that generic strategy and the back-up points to support your position.

When you hire an independent contractor you don't have to pay the contractors what