Answer:
No, you wouldn't raise the price, not even by a cent.
Explanation:
The <em>equilibrium price</em> in a perfectly competitive market means that, when goods are sold at that price, there is no excess or shortage of the goods. The demand and the supply are equal.
If you were to rise your price above the equilibrium price, then the consumers will prefer to buy their goods from the rest of the firms that are selling at the equilibrium price. Your supply wouldn't sell. You would eventually be forced to accept selling your goods at the equilibrium price.
Answer:
C
Explanation:
May be held liable on the basis of negligent hiring.
Negligent hiring is a clame (legal) made againts an employer, argues that an employer should have known the background of the employee
Answer:
The correct answer is I and II.
Explanation:
Individuals may find it more advantageous to purchase claims from a financial intermediary rather than directly purchasing claims in capital markets because of several reasons.
The financial intermediaries such as commercial banks, mutual funds, insurance companies, pension funds, etc. are more diversified than individual investors. They provide a number of options for borrowing and lending.
These intermediaries work on a larger scale than an individual investor. They are thus able to reap the advantages of economies of scale which an individual investor cannot.
Answer:
1. Short-term capital gains of $10,000 from the sale of stock.
2. Long-term capital gains of $80,000 from the sale of real property and
3. Interest income from Pete’s savings account.
Explanation:
An income statements shows revenue, expenses and net income over a specified period of time. Revenue (gross revenue or sales revenue) consists of cash inflows and interests both short term and long term such as profits, interest on investments. Expenses consist of cash outflows, using-up of assets and incurred liabilities such as tax, rents and so on. Gifts are not included as part of income statements
Answer:
True
Explanation:
Dependent variables are variables which are altered by the changes to the independent factors or variables.
The following are instances of dependent and independent variables:
Dependent Variable (DV): Profit, Product Quality, Staff Attrition during a recession.
Profit (DV) depends on sales, expenses, the economy, the proficiency of the sales staff, the quality of the product.
The Quality of the Product (DV) depends on the production process, product design, quality of raw materials etc
So, many of the factors highlighted above, which affect the dependent variables are called Independent variable.
Profit, for instance, can be forecasted or changed IF changes are made to sales.
It is possible to measure the quality of a product or service. It can also be altered by increasing or decreasing the quality of raw material input.
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