Answer: D) information that already exists somewhere, having been collected for another purpose.
Explanation:
Secondary data in a research is data that has already been collected by others and usually for the another purpose but can be used for the purpose at hand.
These other sources could be from the government or private institutions and individuals but when they are used in research they must be referenced so that viewers know where the information is from.
Secondary data is used in our daily lives. For instance, if you had a weather report and used data from the National Weather Service (NWS), that is secondary data being used.
Answer:
b. AgCo will sell no bushels of corn.
Explanation:
A perfectly competitive market refers to market has many buyers and sellers will all the market selling the undifferentiated product without any difference.
Some of the others attributes of a perfectly competitive market are that buyers and sellers have perfect information about the price of a good, no barriers to entry and exit, similar products are being sold, there are free entry and exit to the market, and all sellers are price takers.
All sellers are price takers implies that the price of good is determined or given by the market. Therefore, any attempt to increase the price beyond the price given by the market will result into a zero sale because the buyers will immediately switch to another seller selling at the market price which lower.
Based on the above explanation, AgCo will sell no bushels of corn because its prices at $4.10 per bushel for its corn is higher than the current market price for a bushel of corn of $4.00.
Answer:
225,000 shares
Explanation:
A company's shares outstanding refers to the total number of shares investors currently own.
Beck Corp. issued 200,000 shares of common stock when it began operations in year 1 and issued an additional 100,000 shares in year 2.
In year 3, Beck purchased 75,000 shares of its common stock and held it in Treasury.
At December 31, year 3, the number of shares of Beck's common stock were outstanding is
200,000 shares in year 1
100,000 shares in year 2
Total Common Stock = 300,000
less: Treasury Stock of 75,000
Outstanding Stock = 225,000 shares
Answer:
False
Explanation:
When you buy on margin you are borrowing money from your broker in order to purchase securities. The advantage of buying on margin is that you can purchasing a larger amount of stocks, but that also increases the risk of your investment as well as the potential returns.
Answer:
D. supply increased and quantity demanded increased.
Explanation:
When supply curve moved from s to s1 , supply increased . demand curve did not move . Then the new equilibrium will shift towards the lower price with demand also showing increasing trend to balance supply but at lower price.
