Answer:
The correct answer is letter "A": a market in which a good can be bought and sold at the same price.
Explanation:
Competitive markets are those with large numbers of producers fighting against each other to fulfill consumers' needs. In these markets, the producers and consumers cannot determine the price of the goods or services being traded. Both <em>participants are price-takers</em> which imply they will come to a point in which the price level offered by producers and desired by consumers will be equal.
Answer:
Explanation:
The risk premium two years back = 11.5 - 8.7 = 2.8 %
current risk premium = 2.8/2 = 1.4%
Current risk free bond yields 7.8 %
So Rolling Coast expected rate of interest on bonds = 7.8 + 1.4
= 9.2 %
Answer: some knowledge of the product category, but not enough to make an intelligent decision
Explanation: An external search usually may begin with dissatisfaction from a previous purchase, and this is when an individual seeks for alternatives and other information regarding a product. The individual that has the greatest ability to conduct an external search for information is the consumer that has some knowledge of the product category, but not enough to make an intelligent decision. This is because, an individual who has an extensive knowledge of a product category will most likely not spend more time in the external search process than someone with just a moderate level of product category knowledge and the greater the motivation for this individual with some knowledge, the greater the extent of external search for information.
Answer:
C) 14 cups of water
Explanation:
Athletes should consume between 2 to 3 cups of water or other fluids (like Gatorade) for every pound lost in order to prevent dehydration.
If Lino losses 5 pounds during practice, he should drink between 10 to 15 cups of water. Option C, with 14 cups of water is the only option that falls in that range.
