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Tema [17]
3 years ago
15

In commodity markets it is typically true that: (note: only one statement is correct) Group of answer choices there are only a f

ew producers. any producer can affect the market price depending on the quantity that he or she sells. producers are "price takers". there are many producers, but it is very hard for new producers to enter the market.
Business
1 answer:
storchak [24]3 years ago
5 0

Answer:

producers are "price takers".

Explanation:

Commodity markets is an example of A perfectly competitive market. A perfectly competitive market is characterised by many buyers and sellers of homogenous goods and services.

Because products are homogenous, sellers cannot set the price for their goods. Prices are set by forces of demand and supply,therefore, suppliers are price takers.

There are no barriers to entry and exit of firms into the market.

I hope my answer helps you

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The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 60,000 shares were origina
ruslelena [56]

Answer:

55,000 shares

Explanation:

Given that

60000 shares were originally given

5000 were subsequently reacquired

Thus. Net number of shares issued

= number of shares originally issued - number subsequently reacquired

= 60000 - 5000

= 55,000

Number of outstanding shares therefore is 55,000.

NOTE that, outstanding shares refer to the number of shares that has been issued, purchase or authorized by investors, that is, the number of shares currently held by all is shareholders.

3 0
3 years ago
The marginal principle of retained earnings means that each potential project to be financed by retained earnings must:
Sedaia [141]

Answer:

The correct answer is D

Explanation:

Marginal principle is the principle which is referred to an increase in the activity level when the marginal advantage exceeds or more than the marginal cost.

So, the marginal principle of retained earnings would be when it will provide the higher rate of  return than the shareholders who could achieve after paying taxes on the dividends.

3 0
3 years ago
Far Side Corporation is expected to pay the
IgorC [24]

Answer:

india

Explanation:

india

8 0
3 years ago
uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The cost formula for
MakcuM [25]

Answer:C. $6,538

Explanation:

Cost Formulae = $530 + ($114 X  No of Jobs) + ($16 X No. Of meals)

Budgeted Activity for October = 20 jobs , 233 Meals

The Catering Supplies in the flexible Budget would be for October becomes :

= $530 + ($114  X 20) + ($16 X 233)

= $530 + $2280 + $3,728

= $6,538

6 0
4 years ago
Rajiv and Simone Redondo live in Swarthmore, PA. Simone's father, Yakov, lives in Sweden.
Andru [333]

Answer:

a. The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore. - <u>Government Purchases</u> (G).

The Government purchases/ expenditure portion of GDP includes the expenses by Government on the economy. This expenditure by the Pennsylvania Government will therefore come under here.

b. Simone gets a new refrigerator made in the United States. - <u>Consumption (C)</u>.

Consumption accounts for spending by households and individuals in the economy. Simone lives in the US and buys goods in the US so this is Consumption.

c. Simone's father in Sweden orders a bottle of Vermont maple syrup from the producer's website. - <u>Exports (X)</u>

Exports are goods made in a country which are then sold to consumers outside the country. Simone's father is in Sweden so buying an American product is an export for the United States.

d. Rajiv's employer upgrades all of its computer systems using U.S.-made parts. - <u>Investment (I).</u>

Investment refers to spending by private interests that are aimed to improve capital goods in the economy. Spending on upgrading computer systems therefore falls here.

e. Rajiv buys a sweater made in Guatemala. - <u>Imports (M)</u>

When a person buys a good that is made outside the country, this is an import.

5 0
3 years ago
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