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Leviafan [203]
2 years ago
5

A mode of exchange that implies a specific location for the transactions to occur and allows or fosters the negotiation of price

-making is known as?
Business
1 answer:
Vesnalui [34]2 years ago
8 0

A mode of exchange that implies a specific location for the transactions to occur and allows or fosters the negotiation of price-making is known as a market exchange.

<h3>What is a Market?</h3>

This refers to the place or location where buying and selling of any commodity take place.

Hence, we can see that based on the fact that a mode of exchange that implies a specific location for the transactions to occur and allows or fosters the negotiation of price-making is known as a market exchange.

Read more about market here:

brainly.com/question/25754149

#SPJ4

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Which ratios help assess the firm’s ability to meet cash needs as they arise?
Tom [10]

Answer:

Option A Current Ratio

Explanation:

The reason is that current ratio gives information from which source of finance the working capital is funded from. If the answer is below 1 then the short term liabilities are used to finance the short term assets. This also tells whether or not the company possesses enough cash and cash equivalents to fund its future cash needs by comparing its result with past data and the industry average. So the right option is option A.

6 0
4 years ago
Explain whether you agree or disagree with the following statement.
butalik [34]

Answer: AGREE

Explanation:

A Monopoly faces no competition and are the only sellers of the product they sell. If firms in an industry successfully engage in collusion, the resultant effect will definitely be not unlike a Monopoly because they will set prices as a single firm, control output as a single firm and essentially run the market as a single firm.

They will sell at a rate where the Marginal Revenue curve will be below the demand curve. This will mean a higher price than a competitive market which was probably the main incentive for collusion.

A recent example would be the collusion between BMW, Daimler and Volkswagen, to hinder technological progress in improving the quality of vehicle emissions in order to reduce the cost of production and maximize profits. Thankfully this was busted by the European Commission in 2019.

7 0
4 years ago
Calculate the required rate of return for Everest Expeditions Inc., assuming that (1) investors expect a 4.0% rate of inflation
Ganezh [65]

Answer: 12%

Explanation:

In calculating the Required Rate return, we add the Nominal Risk Free rate to the market premium like so,

Required Rate of Return = Nominal Risk Free rate + Market Premium.

We have the Market Premium, now we need the Nominal Risk Free rate.

As you may or may not know, the Real Risk Free rate is just the Nominal rate adjusted for inflation by subtracting it.

To get the Nominal rate therefore we add back inflation,

Nominal Risk Free rate = Real Risk Free rate + Inflation

= 3% + 4%

= 7%

Now going back to the original formula we have,

Required Rate of Return = Nominal Risk Free rate + Market Premium.

Require Rate of Return = 7% + 5%

=12%

The required rate of return for Everest Expeditions Inc. is 12%

5 0
3 years ago
Which of the following is a tertiary ratio that drives profitability?
Ilia_Sergeevich [38]

The SG&A Expense/Sales is the tertiary ratio that drives profitability.

<h3>What is SG&A Expense/Sales?</h3>

This refers to the everyday operating expenses of running a business that are not included in the production of goods or delivery of services.

As the SG&A includes rent, salaries, advertising, marketing expenses etc., it is the tertiary ratio that drives profitability.

Therefore, E is correct.

Read more about SG&A

brainly.com/question/26752234

#SPJ1

4 0
2 years ago
As the price of gummy bears rises from $2.65 to $3.05, what is the price elasticity of demand of (i) sugar-free gummy bears and
spayn [35]

Answer:

Explanation:

Please have a look at the attached photo below

We know the formula of the price elasticity of demand:

<em>percentage change of quantity demanded/percentage change of price </em>

Given:

  • P1: $2.65 => D1 (quantity sugar-free gummy bears) = 181 and O1 (quantity ordinary gummy bears) =485
  • P2: $3.05=>D2 (quantity sugar-free gummy bears) = 157 and O2 (quantity ordinary gummy bears) =273  

So:

E_{1} = %ΔD / %ΔP

= (ΔD/ \frac{1}{2}(D1+D2) ) / (ΔP/ \frac{1}{2}(P1+P2))

= (181-175) / \frac{1}{2} ( 157+181 ) : (3.05 -2.65)/ \frac{1}{2} ( 3.05 +2.65 )

= \frac{3}{89} : \frac{8}{57} = 0.24

E_{2} =  %ΔO / %ΔP

=  (ΔO/ \frac{1}{2}(O1+O2) ) / (ΔP/ \frac{1}{2}(P1+P2))

= (273-485) / \frac{1}{2} ( 273+485) : (3.05 -2.65)/ \frac{1}{2} ( 3.05 +2.65 )  

= \frac{-212}{739} : \frac{8}{57} =- 3.9

6 0
3 years ago
Read 2 more answers
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