Answer: Perfect Competition
Explanation:
This is a situation prevailing in a market in which buyers and sellers are so numerous and well informed that all elements of monopoly are absent.
Answer:
7.6 percent
Explanation:
Vaughn should offer 7.6 percent on its commercial paper.
This is calculated by adding the 0.2 credit risk premium to 0.1 percent liquidity premium + 0.3 percent tax adjustment + 7 percent annualized t bills rate.
= 0.1 + 0.2 + 0.3 + 7
= 7.6
Based on this Vaughn would offer 7.6 percent on its commercial paper.
Answer:
b. 3.0 : 1
Explanation:
Current ratio is used to measure a company's financial ability to pay short-term obligations or those due within one year. It is measure by Current asset/Current liability
The Current ratio = $300,000 / $100,000 = 3.0 : 1
Note: The higher the quick ratio, the better the company's liquidity position.
Answer:
Consumer surplus
Explanation:
The consumer surplus is a measure of the difference between the price a consumer is willing to pay for a unit of a product and the price they actually pay for that product unit.
If a consumer is willing to to pay a higher amount than the actual selling price of a product, it is deduced that the consumer surplus for that product, is higher than if the consumer were charged for the product at his highest willingness point to pay.
Let's say you and your friends decide to go to the beach for spring break. You need to fly a service from Kansas City to Miami. this market is best characterized as an oligopoly.
Some of the most prominent oligopolies in the United States are film and television production, recorded music, wireless carriers and airlines. From the 1980s onwards, it became common for the industry to be dominated by two or three of his companies. Merger agreements between major players have led to industry consolidation.
An oligopoly market is a market dominated by a few suppliers. They are found in all countries and in various industries. Some are competitive oligopolistic markets, while others are significantly less competitive, or at least appear to be.
High barriers to entry, pricing power, non-price competition, interdependence of firms, and product differentiation are all hallmarks of an oligopoly.
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