Answer:
Ease of entry into the market
Explanation:
A perfect competition is characterised by many buyers and sellers of homogenous goods and services.
In the long run, perfect competition make zero economic profit because if firms are making economic profits in the short run , new firms would enter into the industry in the long run. This is made possible because of the ease of entry into the market.
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Answer:
E) It would not necessarily be considered high elsewhere.
Explanation:
The US inflation rate during 1979 was 11.26%, during 1980 it was 13.55%, and during 1981 it was 10.33%. These numbers may seem very high for American standards, but they aren't really high once you compare them to other nation's inflation rate.
For example, if we look at what is happening in two South American countries right now; Currently Venezuela is facing a hyperinflation measured by millions, and Argentina's current inflation rate is around 60%.
Back in the 1980s, hyperinflation rates were much more common. Argentina, Bolivia, Brazil, Mexico, Peru and Nicaragua, all suffered from hyperinflation (inflation rates in the 1,000s).
The US dollar is considered a very stable currency, that is why an inflation rate of around 10% was considered extremely high for American standards, but not so high compared to the rest of the world.
The sponsoring broker should not release the money without a written release from both parties.
If there is any dispute between the parties arises regarding the deposit of Escrow money, the sponsoring broker should not release the money without a written release from both parties or both parties' assigned agents.
In the event a dispute arises over whether or not the earnest cash should be again (for instance, if the seller argues that the purchaser did not notify the seller in a well-timed manner of the cause to return out of the settlement), the escrow holder will hold to keep the earnest money till the dispute is resolved.
The two important factors for a legitimate sale escrow are a binding agreement/agreement between buyer and seller and the conditional shipping to an impartial third party of something of fee, as described, which generally consists of written gadgets of conveyance (provide deed) or encumbrance.
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Answer:
I believe the best and most correct answer is A.)
Explanation:
