An extremely large number of vendors, each of whom makes a comparable or same product, make up a competitive market. The total of all these unique outputs, which each provider produces as a small portion of the market as a whole, represents the production of that industry. This includes dry cleaners, corner stores, barbershops, and florists.
A market that has just one supplier is considered a monopolist at the other extreme. Examples include the fact that the National Hockey League is the only provider of top-notch professional hockey matches in North America, Hydro Quebec is the province of Quebec's sole electricity supplier, and Via Rail is the only provider of passenger rail services between Windsor, Ontario, and the city of Quebec.
Equilibrium: What Is It?
When market supply and demand are in balance, prices become steady. This is known as equilibrium. In general, a surplus of goods or services leads to lower prices, which increases demand, whereas a shortfall or under supply raises prices, which decreases demand.
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 Protectionism is the act of using quotas or tariffs to shield one or more industries within a country's economy from foreign competition.
Answer:
I, II, and III are all correct and part of this model
Explanation:
The CAPM model or Capital Asset Pricing Model indicates the relationship between the amount of risk and the expected profit for a certain investment. This model holds many assumptions, which from the ones provided we can say that assumptions I, II, and III are all correct and part of this model. The only assumption that is not correct is IV, since the level of risk aversion that each investor has depends on how much they know about their investment.
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Carpentry has apprenticeship programs.
Answer:
Sept 1,
DR Stock dividends $52,500
CR Common stock $9,000
CR Additional paid in capital $43,500
Sept 1,
DR Stock dividends $90,000
CR Common stock $90,000
Sept 1,
No journal entry required.
<u>Workings</u>
Small Dividends
<em>Stock dividends</em>
= 15,000 * 10% * $35
= $52,500
<em>Common stock </em>
= 15,000*10%* $6
= $9,000
<em>Additional paid in capital</em>
= 52,500 - 9000
= $43,500
Large Dividends
<em>Stock dividends</em>
= 15,000 * $6
= $90,000
<em>Common stock </em>
= 15,000 * $6
= $90,000
<em>No entry for stock splits.</em>