Answer:
Equilibrium Price - 3
Equilibrium Quantity - 3
Explanation:
The price at which there will be equilibrium in the chocolate market is 3 units while the corresponding quantity is also 3 units.
<u>The equilibrium price and quantity represents the price and quantity where the demand for a product is equal to the supply for the same product respectively.</u>
<em>In the graph, the point of intersection of the demand and the supply curve represents the equilibrium point. At this point, the price on the Y axis is 3 units while the corresponding quantity on the X axis is also 3 units.</em>
The situation above is an example of social facilitation.
There are two types: co-action effect and audience effect. This is a clear
example of audience effect.
Jason wasn’t able to resist the temptation to drink due to the
presence of others in the meeting. He would have acted differently if he was
alone.
Hey there
The correct answer for the first question is (D)
(D) = <span> provide microcredit loans, especially to women
</span>The primary purpose of Grameen Bank is to provide microcredit loans, especially to women<span> .
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The correct answer for question two is (A)
(A) = <span> the International Monetary Fund (IMF)
</span>
An important function of <span>the International Monetary Fund (IMF)</span> is to develop programs for rebuilding a nation’s economy.
Answer:
C. Risk Management Association provides common-size statements for most industries.
Explanation:
Benchmarking is a process of comparing a company's performance or processes to the best practices in the industry or a competitor. Benchmarking is a way to determine company's abilities and weaknesses, in order to improve its internal processes and functions.
The industry average serves as a useful tool for the companies to benchmark their performance. For this purpose Risk Management Association provides common-size statements for most industries to evaluate their company.
Answer:
I) The difference between the option's price and the value it would have if it were expiring immediately
Explanation:
Time value in options trading simply refers to the part of an option's premium (cost or price) which is attributed to the amount of the time remaining until expiration.
An addition of the option's time value and intrinsic value equals the total premium of an option.
Therefore, we can mathematically state that:
Time Value = Option Premuim(Price) - Intrinsic Value.
The Option Premuim is an amount of money known as the price or cost.
In an exchange for the right granted by the option, an option buyer pays for the premium to an option seller.
Generally, it is seen that the more time that remains until the expiration, the greater the time value of the option. This happens as a result of investors willing to pay a higher premium for more time since the longer time taken to execute contract will be profitable due to a favorable move in the underlying asset.
Also, the lesser time remaining on an option will result in lesser willingness of investors to pay because the probability for profitability is slim.