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2 years ago

__________ competition assumes perfect market information (everyone in the market knows the price of the good or service).

Business

1 answer:

sweet [91]2 years ago

8 0

Answer:

Perfect

Explanation:

Perfect competition assumes perfect market information.

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A country made education free and mandatory up to age 15. It established 100 new schools to educate kids across the country. As

bazaltina [42]

Answer

Hi,

A country made education free and mandatory up to age 15. It established 100 new schools to educate kids across the country. As a result, citizens acquired the __skills____ required to work. The schools generated__jobs___ for teachers and other staff. In 20 years, the country saw a rapid __increase____ in its GDP.

Explanation

When the country makes education free and mandatory, many parentsare encouraged to take their kids to school to learn and acquire skills needed for them to participate in building the nation. Establishing new 100 schools is investing in human capital which will create employment opportunities for teachers and other staff in the education and training sector. When employment opportunities are created, people will earn money and pay taxes to the government. This will in turn cause growth of the GDP of the country.

Good luck!

6 0

3 years ago

Read 2 more answers

1.) What are the three personal traits that help you most in the business world?

Kamila [148]

Answer:

Curiosity. Technology develops at different rates and in different ways around the world.

A Sense of Impatience. Entrepreneurs need impatience in order to recognize inefficiencies

Sociability. It’s important for any entrepreneur to have a good network of like-minded people to

Explanation:

8 0

3 years ago

You are in talks to settle a potential lawsuit. The defendant has offered to make annual payments of $35,000, $39,000, $80,000,

storchak [24]

Answer:

The value of the settlement today = $231,897.79

Explanation:

The value of the settlement today is the sum of the present value (PV) of cash inflows discounted at the discount rate of 5.7 %.

Year PV

1 35,000 × 1.057^(-1) = 33112.58

2 39,000× 1.057^(-2) = 34907.16

3. 80,000× 1.057^(-3) = 67743.09

4 120,000 × 1.057^(-4) =96134.94

The Pv of the total cash in flow =33,112.58 + 34,907.17 + 67,743.09 + 96,134.95 = 231,897.79

The value of the settlement today = $231,897.79

7 0

3 years ago

If the Federal Reserve increases the reserve requirement, what effect will this have on the nation’s money supply? a. Increase t

dem82 [27]

The correct answer is c)

3 0

2 years ago

PeoplePapers, a greeting cards manufacturing company, has retail stores in most parts of the country. It hires its employees fro

Drupady [299]

OPTIONS:

A. Resources B. reserves. C. overheads. D. variable costs.

Answer:

A. Resources

Explanation:

Resources are factors that aid the production process of any business, which includes land, labor, capital, and management. All are combined together to make production successful. The organization’s processes, the employees and its equipment can be regarded as the company’s resources which are put together in the production of greeting cards for customers use.

8 0

3 years ago