Answer: Option C
Explanation: Perfect competition refers to a market structure under which there are large number of buyers and sellers each operating at a small level.
In such a market structure the supply curve is a horizontal line that depicts that whatever the quantity is the price will remain the same, that is, at the equilibrium level.
This happens due to the fact that there are large of number of participants present and no individual have the power to affect the price.
Thus, the correct option is C.
Answer: they had more security
Explanation:
Answer:
Yes
Explanation:
Recidivism can be defined as seen in the question as the tendency of an ex-convict to return to crime.
When a person returns from a sentence, he has nothing. No income, no job, etc. As a result of this, some ex-convicts are tempted into returning to the lifestyle that got them imprisoned in the first instance. Without a job,which is as a result of stigmatization of ex-convicts as never-do-well, there can't be income.
For this reason, the government should endeavor to give ex-convicts income support for a few months after their release from the prison. This will go a long way in helping the ex-convicts stay of crime and also help them plan towards a better life.
Cheers.
Begging direct material
24,000×3.5=84,000
Add material purchase
24000
Less material used for production
24,000×3=72000
Desired ending direct material
84,000+24,000−72,000
=36,000....answer
Hope it helps!
Answer:
-$2,400
Explanation:
1,200 shares price per share is $57.
So, the total amount:
= $57 × 1,200
= $68,400
Value of trade if offer is accepted = $60 per share
Total share issued in offer is 1,100
Therefore total value = 1,100 × $60 per share
= $66,000
So, the net value of trade:
= $66,000 - $68,400
= -$2,400
