Answer:
3) former sells similar, although not identical, products.
Explanation:
In a monopolistic competition, there may be many sellers of a specific good, but in order for each firm to possess a monopolistic edge over the other, minute differences may exist between the similar goods. For example, geometrical sets are more or less the same, in terms of content. However, producer A may include a formula sheet, something which producer B may compensate with a timetable sheet. A consumer may wish to buy a geometrical set, but will have to choose between one from producer A or B since they all have different special features. Both producers A and B possess a monopoly of sorts over each other, due to the difference in features. This is called product differentiation. It may be physical, like the one above or perceived, where product A may seem better than product B, though entirely similar, due to A’s massive advertising. Purely competitive firm sells standard product like its competitors.
Answer:
The correct answer is 5.72%.
Explanation:
According to the scenario, the given data are as follows:
Coupon rate = 5.2%
Coupon rate (semiannual) = 2.6%
par value (FV)= $1,000
Coupon payment(pmt) = $1,000 × 2.6% = $26
Time period = 16 years
Time period ( semi annual) (Nper)= 32
Sell value ( PV) = $945.32
So, we can calculate the rate by using financial calculator.
Attachment is attached below
So, YTM Semiannual= 0.02863 or 2.86%
And YTM annual = 2.86% × 2 = 5.72%
Exporting products overseas is an example of a convertible trade fair trade. Thus, the correct option is A). a convertible trade fair trade.
<h3>What does the term export mean?</h3>
Export refers to the production of goods and services in one country but sold to a buyer abroad or in another country. It is the oldest forms of economic transfer of goods and services between different countries.
Export is the economic activity of exporting or selling the goods to the another country or across the border of a country.
Basically, exports lead to increased investment, technological advancement and market expansion which contribute to the economic growth.
Learn more about exports here:-
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Answer:
Sole proprietorship.
Explanation:
A sole proprietorship is a type of business that is owned by a single person and as such their profits are taxed once as personal income tax. It is a type of business that is typically owned by an individual or one person and as such is solely responsible for its debts.
In this scenario, Jane discovers she is bored and frustrated working for other business owners and as a result, she wants to open her own business, wherein, she alone will have control over the business and with the least interference of any form through government regulation. Thus, the form of business which would best meet Jane's needs is a sole proprietorship business because it is offers an exclusive ownership and control to its owner while preventing third-party interference.
Answer:
A mixed Economy
Explanation:
A mixed economy is system which combines parts or aspects of socialism and capitalism in that while it allows a certain level of freedom to utilise capital, it also protects governmental interest by allowing a degree of interference by the government in the national economic activities.
The reason for governmental interference which is an aspect of socialism is to allow the government achieve social aims and objectives. The freedom to utilise capital is part of capitalism and this aspect is governed by the interactions of economic factors such as demand and supply and the interaction between buyers and sellers.
It is not purely socialism because government does not have absolute control and it is not pure capitalism because the forces of the market do not have all controls over the allocation of all resources.