The type of market is the one in which a person buys stock in type fast food company is Financial market.
What is Financial market?
Any location or system that gives buyers and sellers thew ability to trade financial assets such as bonds, shares, the various international currencies, and derivatives , is referred to as a financial market.
Why is financial market important?
- Markets provide finance for companies so they can hire, invest and grow.
- They provide money for the government to help it pay for new roads, schools and hospitals.
- They can help lower the costs you face buying food at the super market, taking out a mortgage or saving for your retirement.
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Answer:
The home needs to sell for $105,263.16 for the seller to receive net of $100,000.00
Explanation:
The amount that the home needs to sell can derived from the net to seller's formula given as: Net to seller = Sale Price * (100% - commission rate)
Net to seller=$100000
Sale price is unknown
commission rate is 5%
$100000=sale price*(100%-5%)
$100000=sale price *95%
sale price =$100000/95%
sale price =$105263.16
For the seller to receive $100000 after 5% commission the property must e sold for $105,263.16
Answer:
Give an example of a situation in which a surplus of a product led to decreased prices. similarity, give a example of a situation in which a shortage led to increased prices. what eventually happened in each case? why?
In the course of having surplus of a product which decreases the price, this happens as a result of high competition as there many people selling the same products which in turns leads to crash in price in order to make sales and little profit.
while product shortage or scarcity happens as a result of decrease in resources or decrease in supply, hence; results into scarcity of products which eventually aids increment of price
Explanation:
Capital items. These include major purchases like buildings, fixed and accessory equipment.
