The answer would be b you should always read the fine print
Answer:
The cyclical indicator is extensively used as a business cycle analysis tool, employs a series of variables which tend to anticipate, coincide with or lag behind the movements of economic activity to indicate the phases of the business cycle.
Explanation:
Answer:
Fixed Exchange Ratio
Explanation:
A fixed exchange ratio is the pre defined amount of acquirer shares for each share of target share outstanding. It is the ratio guarantees the target shareholders a certain level of ownership in the acquirer once the transaction completes. It is used in measuring the total number of shares the acquiring company has to issue for each individual share of the target firm.
Answer:
Greater than
Explanation:
Answer 1:
If the index number used to calculate prices is positive, then it shows that price level in country B is greater than the price level in Country A which is used as the base year. Thus, the blank can be filled by Greater than.
PPP adjusted GDP in this case in country B will be less than its nominal GDP as price level is higher.
Answer:
c. No, you would not raise the price
Explanation:
A perfectly competitive market form is the one which is characterized by following features:
- Large number of buyers and sellers: The number of buyers and sellers is so large that output by an individual seller forms insignificant portion of the industry output, and thus an individual firm cannot exert perceptible influence on the prices or output.
- Homogeneous Products: Firms in such a market produce same and exactly similar products in terms of color, size, weight, etc.
- Freedom of entry and exit: There exist no entry barriers while loss making firms can leave the industry as well.
- Price taker: Price in such a market form is determined by interaction of market forces of demand and supply and each firm accepts such price. Thus firms are price takers.
In the given case, since all seller firms are producing exactly same products, if one raises the price, the buyers will switch to products of other sellers, providing same product at a lower price. Thus, all sales would be lost in such a scenario.
So, one cannot raise price even by a cent in a perfectly competitive market form.
