Answer:
B) the temporary reduction of jobs during a downturn in the business cycle
Explanation:
Cyclical unemployment is B) the temporary reduction of jobs during a downturn in the business cycle. Unemolyoment reduces when there's a upturn in the economy.
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Answer:
Unlimited loss potential
Explanation:
The maximum potential loss for a customer who is short 100 shares of ABC stock at $33 and short 1 ABC Jan 35 Put at $6 will be unlimited.
Answer:
less, more
Explanation:
Research suggests that a firm with greater multi market contact is <u>less</u> likely to initiate an attack, but <u>more</u> likely to respond aggressively when attacked.
<u>Multimarket contact occurs when firms compete with the same rivals in multiple markets. </u>
When firms compete with each other in more than one market, their competitive behavior may differ from that of single-market rivals. They do not respond as aggressive as they would have if contact or competition were to be in just one market.
Multimarket contact gives a firm more options to respond to actions or attacks by a rival in other markets other than in the market being challenged. <u>As a result, multimarket competitors may hesitate to attack in one market for fear of retaliation in other markets. </u>
<u>Multimarket competition may therefore reduce the competitive intensity among rivals, an effect known as mutual forbearance.
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Answer:
The price of fertilizer must be greater than average variable cost.
Explanation:
- Being a perfectly competitive market the prices of the fertilizers will rise. As the forms are making economic losses the prices must be greater the average variable costs.
The probability that demand is greater than 1800 gallons over a 2 hour period is : 0.5
<u>Given data :</u>
Mean value of gasoline per hour = 875 gallons
Standard deviation = 55 gallons
<h3>Determine the probability of demand being greater than 1800 gallons over 2 hours </h3>
Demand for gas in 1 hour = X₁
Demand for gas in 2 hours = X₁ + X₂
Therefore ; ( X₁ + X₂) ~ N ( u₁+u₂, sd₁² + sd₂² )
In order to calculate probabilities for normals apply the equation below
Z = ( X- u ) / sd
where : u = 1800, sd = √ ( 55² + 55² ) = 77.78
using the z-table
P( Y > 1800) = P( Z > ( 1800 - 1800 ) / 77.78)
= P( Z>0 ) = 0.5
Hence we can conclude that The probability that demand is greater than 1800 gallons over a 2 hour period is : 0.5.
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