Answer:
Advertisement doesn't exist in perfect competition markets. Perfect competition markets are theoretical only, since they do not exist in reality although some markets resemble or are similar, e.g. commodities. One of the characteristics of perfect competition markets is that every participant possesses perfect information regarding the products' characteristics and price. If everyone knows a product perfectly, then there is no reason why you should advertise it.
Explanation:
Answer:
obtaining a low interest rate on a loan
Explanation:
Answer: She is not.
Explanation:
It would seem as though that Mary got into a type of contract known as an Option Contract or more precisely, a Call Option Contract simply called a Call.
In this type on contract, a seller gives a buyer the right to buy a good or service at a certain price within a set period.
Mary agreed to sell the rare Chinese Art for a certain amount which Mike could not pay but she promised to give him 3 weeks to take it within which he can pay and collect the item.
Mike returned in 2 weeks which was within the range of time allowed and so she should have kept the offer open for the time she said she would.
She is wrong to believe that all she owes him is his down payment. She broke a contract.
The correct answer to this open question is the following.
Although the question is incomplete because it has no specific reference to any information or text, we can say the following.
Probably, the question refers to the author called Brooks, who expresses his arguments supporting Capitalism and the free enterprise system as the better form of an economic system. As he is a firm believer in the free enterprise system, his thoughts are biased.
So to have a better perspective, we need at least, another source on the subject. That is why I did my research and found a book that seems to be a good source of the free enterprise system. It is called "Capitalism and Freedom," written by economist Milton Friedman.
Answer:
Growth rate is 6%
Explanation:
Po =
P = 0.3 / (0.1 - 0.06)
P = $75
Dividend growth model is used to calculate the stock price based on the dividend growth.