Price is taken to be a given by an individual firm selling in a purely competitive market because each seller supplies a negligible fraction of total market.
Purely competitive market refers to a marketing situation in which there are a large number of sellers of a product which cannot be differentiated selling a standardized product and therefore, no single firm has a significant influence on the product price. It is characterized, furthermore, by ease of entry for new companies into the market and perfect market information. Hence, the sellers in such a market are considered to be price takers. Examples of purely competitive market are agricultural products such as wheat or corn.
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Answer:
0.67
Explanation:
Beta measures the systemic risk of a portfolio
The portfolio's beta can be determined by adding together the weighted beta of each stock in the portfolio
weighed beta of a stock = percentage of the stock in the portfolio x beta of the stock
total number of stocks in the portfolio 400 + 290 + 700 = 1390
(400 / 1390 x 0.6) + (290 / 1390 x 1.2) + (700 / 1390 x 0.5) =
0.17 + 0.25 + 0.25 = 0.67
Answer:
Regional Production
Explanation:
Juggernaut, Inc. can manufacture its bulk products by region, that way the distance to each selling point is less and the costs are lower.
Answer:
Net Capital Spending = $121
Explanation:
The Net Capital Spending is the amount of money a company spends in the acquisition of fixed assets during the year. Mathematically, it is represented as:
Net Capital Spending = Ending net fixed asset - Beginning net fixed asset + depreciation
Net Capital Spending = 550 - 471 + 42 = $121
∴ Net Capital Spending = $121
Answer:
lecture
Explanation:
if you give me the lecture I will update awnser
