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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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A consumer has a choice of spending $20,000 on a Honda or $14,000 on a Kia. She was observed buying a Kia during the weekend. Do
max2010maxim [7]

Answer: Not necessarily

Explanation:

Consumer purchase decisions are dependent on multiple factors such as price, income and preference. It could be that the customer purchased the Kia because the price was less than that of the Honda and so she wanted to save and costs and bought the less expensive choice.

It could also mean that the Kia was all she could afford based on her income so she bought that. It could however also mean that the Kia is her preference as compared to the Honda so she chose that instead.

It is therefore not a foregone conclusion that she bought the Kia simply because she preferred it. More information would be needed to reach that conclusion definitively.

7 0
3 years ago
Financial ratios that measure a firm's ability to pay its bills over the short run without undue stress are known as _____ ratio
katrin [286]

Answer:

Liquidity ratios

Explanation:

Liquidity ratios measure a company's ability to meet its short term obligations.

Examples of liquidity ratios are :

Current ratio

Quick ratio

Cash ratio

I hope my answer helps you

7 0
3 years ago
To estimate the company's WACC, Marshall Inc. recently hired you as a consultant. You have obtained the following information. (
frez [133]

Answer:

The correct answer is: 8.72%

Explanation:

Cost of debt K d = I (1 – t) + (-pi)/n

(SV + RV)/2

= 80(1 – 0.40) + (-75)/25

(1,000 + 1,075)/2

= 0.043 or 4.3%

Cost of equity K e = R f + b (R m – R f)

R m – R f = 5.5% = market risk premium

R f = risk free rate = 4.5%

B = beta = 1.2

K e = 4.5% + 1.2(5.5%)

= 11.1%

WACC = W d * K d + We * K e

= 35% * 4.3% + 65% * 11.1%

= 1.505 + 7.215

= 8.72%

3 0
3 years ago
Match the vocabulary word with the correct definition
VLD [36.1K]

Answer:

:: Selective Exposure - consumers actively choose messages which they want to see

:: Selective Attention -consumers decide how much attention they would like to give to a message

:: Selective Comprehension - consumers interpret information so that it is consistent with their beliefs and

values

:: Motivation- -energizing force which causes action to satisfy a need

:: Attitude - predisposition to respond to a product or brand in a favorable or unfavorable

way

Explanation:

8 0
3 years ago
Why did the framers of the u.s. constitution separate powers and provide for a system of checks and balances?
Scorpion4ik [409]

The framers of the US constitution separate powers and provide for a system of checks and balances in order to guard against a tyrannical government where one particular branch would have too much power.

<h3>What are the functions of the 3 branches of government.</h3>

Apart from the delegate duties that these three branches have in the government, the way that the framers created them was to ensure that they were able to check each other. They provided checks and balance for each other.

The executive had the power to call the other two to other and so also doe the judiciary and the legislative arm of the government so that the people would not experience a dictatorship.

Read more on the constitution framers here: brainly.com/question/1087677

#SPJ4

7 0
2 years ago
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