Answer:
The answer is: A) a market in which buying and selling take place at prices that violate government price regulations.
Explanation:
Black markets happen when entities (individuals or businesses) engage in trading of goods and services that are prohibited by the governments. Or when the entities engage in trading activities and do not want to pay taxes from those transactions.
The answer to the first one is False. The described process is called Garnishments. A periodic rate is <span>the interest rate you are charged for one payment period. </span>Fees associated with buying and finalizing your loan are known as closing costs
Answer:
(D). Straddling
Explanation:
Straddling positioning involves placing a product or brand in two segments at the same time such that it is possible to reap benefits from both segments.
<em>By launching its luxury brand (Infinity), while remaining in other market segments, Nissan is practicing straddling positioning</em>.
Answer:
Deposits in transit
Explanation:
A company's deposit in transit is the currency and customers' checks that have been received and are rightfully reported as cash on the date received, and the amount will not appear on the company's bank statement until a later date. A deposit in transit is also known as an outstanding deposit.
When there is a deposit in transit, the amount should be listed on the company's bank reconciliation as an addition to the balance per bank.
Answer:
False
Explanation:
As for the given instance, the market is not solely dependent on Van's Fire Engines, as it is a competitive market.
The supply and demand are inversely proportional and does not depend on change of price in a competitive market.
Accordingly even after decline in the price from $105,000 to $90,000, the production quantity will not be affected similarly with the same proportion.
Further, Total revenue might be affected as with decrease in price might light to more sale, and there might be slight change both upward or downward in such sales revenue.
But since the change will never be in same proportion to change in price.
Thus, the statement above is false.
