Answer:
spending would increase
Explanation:
Disposable income is either saved (invested) or spent.
If stock prices are expected to fall, individuals would be less willing to save their income and would prefer to spend their income instead.
As a result, spending would increase
It helps you save a lot of money, if you are on zero budget you wont be as willing to spend money on non sense rather than if you were to have say a weekly budget to where you know how much money you can spend on non sense. hope that makes sense.
Some producers are forced to sell their products at the prevailing market price because of (C) a high degree of similarity to competitor's products.
<h3>
What is the prevailing market price?</h3>
- Prevailing Market Price refers to the market's published wholesale price and, in the absence of a declared wholesale price, the prevailing market price of any commodities.
- The term "prevailing market conditions" refers to the average amount of rent paid by operators of similar sized and placed lodges throughout the country, as determined in good faith by the national protected area authority.
- Because of their great degree of similarity to competitors' products, some producers are forced to offer their items at the prevailing market price.
- The average wage paid to similarly employed workers in a certain occupation in the area of anticipated employment is described as the prevailing wage rate.
Therefore, some producers are forced to sell their products at the prevailing market price because of (C) a high degree of similarity to competitors' products.
Know more about market prices here:
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The complete question is given below:
Why are some producers forced to sell their products at the prevailing market price?
A. price takers find market analysis is too costly
B. they are very small players in the overall market
C. high degree of similarity to competitor's products
D. they can increase output without affecting the quality
Answer:
1.37 - 1.90
Explanation:
Really hard to say a exact number but here's and idea.