Different sellers of wheat like MacDonald's farm and Mickey's Farm where they do not have an influence on the price marks the existence of pure competition in the economy.
<h3>What is pure competition?</h3>
Pure competition refers to a market where there is free entry and exit of buyers and sellers in the market selling exactly the same product with, no buyer or seller can influence the price.
Hence, if there is a pure competition in the wheat market, none from the aforementioned sellers would be able to sell enough so that they can influence the price.
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Answer:
Explanation:
Given the bond has a face value of $1,000
Coupon rates is 5.2%
N=20yrs
Semianual payments can be calculated as:
Hence the semiannual coupon payments is $26
#Check picture for the timeline of the cashflows.
Answer:
If I were an advisor at the alternative energy summit I would support investing in <u>solar energy.
</u>
Explanation:
The reasons are various:
- The cost of implementation is much cheaper than that of wind turbines or hydrogenerators, which is why it is more economically profitable.
- It can be implemented in any area of the world or in any place where you find sunlight (such as areas of the Middle East), regardless of the hours of daily sunlight (The sun is an inexhaustible source of energy).
- It is a clean energy, since it produces energy without expense or damage to nature.
- In addition to this, the useful life of photovoltaic panels is 20 years, a fairly long time with respect to the amount of energy generated.
Answer: The Lilly Ledbetter Fair Pay Act of 2009
Answer: B. $694.81, 2 weeks
Explanation:
John's payment will be an amount that is deposited into his account and therefore increases it. It will also have a detail that references it to being a salary such as wages, payroll, salary etc.
Looking at the statement, you will notice that there was a payroll payment of $694.81 on October 14,2018 which would make this John's salary. Two weeks later on October 28,2018, he got another payment which means that he gets paid twice a month and the salary is $694.81.