Answer: False
Explanation:
A perfectly competitive market has the following characteristics,
a. Free entry and Exit
b. Sellers sell identical goods and services
c. Sellers and buyers are price takers
d. Many buyers and sellers
e. Perfect information
Gas and Electricity do not exhibit the two primary characteristics of perfectly competitive markets. This market has characteristics of a monopoly. Entry is restricted and the there are not many sellers.
Based on the information given, it should be noted that Carmen should take out a loan with a loan of 5 years period.
<h3>
What loan option should be chosen?</h3>
It should be noted that in the cost and benefits analysis, it would be better to take out the shorter loan period because the automobile price decreases in the following year after it has been bought.
However, in this case, Carmen will not be able to fulfill the 4-year loan payment for each month, because the average auto loan interest rate for a person with a 620 credit score is 9.48%.
Therefore, it would be a safe decision to choose the 5-year loan because Carmen will still be able to pay the loan interest.
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Hey there
the answer is
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OFFICIALLYSAVAGE2003
Answer:
True
Explanation:
This statement is true because it is in consonance or agreement with the law of supply which states that<em> </em><em>the quantity of a product produced and supplied of a commodity moves in the direction of the price of such commodity, assuming all other factors determining supply remain the same or constant (i.e. ceteris paribus). </em>On the other hand, the quantity of a product produced and offered for sale will reduce as the price of the product falls.
Answer: The correct answer is "B. disturbance handler".
Explanation: When a customer service manger works to defuse a situation with an irate customer is taking on <u>disturbance handler</u> managerial role.
Clearly, when a customer service manager is presented with a situation of an unsatisfied customer who is furious about certain causes and this must calm him down in order to effectively solve his problem, he must use a managerial role of disturbance handler.
