Answer:
D. No seller can influence the price of the product
Explanation:
A perfect market for competition is a market which has a high level of competition.
It has the following features-
1. With regard to the market, knowledge is perfect in this rivalry between producer and consumer.
2. Free entry, and exit
3. Deals with same or homogeneous products
4. The buyers and sellers are more in this market
5. There is no transport cost
Moreover, the average revenue and the marginal revenue are equal.
So, the correct option is D.
A) appropriation <span>is money set aside by formal action for a specific use. appropriation casework bill constituent</span>
Answer:
The correct answer is letter "D": all of the above.
Explanation:
Partnerships are forms of entities where the owners of the business or partners are unlimited liable. This means if the company is in debt the personal assets of the partners can be considered as part of the repayment. If one of the <em>partners retires, is removed, if a new partner is added </em>or <em>if one of them deceases</em>, the current partnership is dissolved or legally terminated.
Answer: Net capital outflow is determined by the real interest rate, not the real exchange rate
Explanation:
In the foreign-currency market, the supply of dollars is not dependent on the real exchange rate and so the supply curve will be vertical to indicate this independence by showing inelasticity which means that it is unaffected by the variables in the foreign-currency market.
Supply of dollars is rather dependent on the real interest rate.
This is because dollars get into the world economy (supply of dollars) as a result of investments by Americans into markets abroad in the form of Net Capital Outflow. If American real interest rate is low, Americans will invest in other countries with a higher rate of return thereby pumping more dollars into the world economy.
