1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
igomit [66]
4 years ago
5

Assume that the market for chocolates is perfectly competitive. Which of the following statements would be true in this​ case? A

. Jill starts to produce chocolates​ today, but the addition of her supply into the market does not decrease the market price. B. Terry uses soy milk for producing his​ chocolates, while Donna uses almond milk for producing hers. C. ​Jessica, a chocolate​ seller, sometimes sets her price lower or higher than the price at which other sellers sell their chocolates. D. Pam wants to produce chocolates but she is unable to as Roy controls all the cocoa farms in the region.
Business
1 answer:
Burka [1]4 years ago
4 0

Answer:  Option A                      

Explanation: In simple words, perfect competition refers to market structure in which there are large number of participants each operating at  small level.

The prices of commodities in such markets are determined by the forces of demand and supply as no individual participant is able to influence the price on his or her own.

Thus, the statement depicting Jill not able to decrease price even after increase ins supply depicts perfect completion.

                           

You might be interested in
Recently, beagle boutique was attempting to hire a middle manager. they were looking for an intelligent, active, and creative in
ValentinkaMS [17]

Recently, beagle boutique was attempting to hire a middle manager. they were looking for an intelligent, active, and creative individual. Beagle used the trait approach. This is further explained below.

<h3>What is the trait approach?</h3>

Generally, An individual's attributes are used as indicators of their personality in a trait-based approach.

In conclusion, Beagle Boutique recently tried to find a middle manager. They were seeking someone who was energetic, clever, and creative. Beagle used the trait approach

Read more about The trait approach

brainly.com/question/25937970

#SPJ1

3 0
2 years ago
If creditors add finance charges after subtracting payments made during the billing period, this is called the: A. APR method. B
vladimir1956 [14]

The correct answer is D. Adjusted balance method.

Adjusted balance method in termed as the method which is being used by finance companies and banks to calculate for finance charges or interest income. which is known to be associated with credit card account or bank account.

The finance waits to aggregate all the adjustments and also calculates finance charges or interest rates by the end of billing period which will depend with the ending balance.

6 0
3 years ago
Read 2 more answers
The price of a European call option on a non-dividend-paying stock with a strike price of $50 is $6. The stock price is $51, the
klemol [59]

Answer: 2.09

Explanation:

Given the following ;

Strike price (K) = $50

Price (c) = $6

Rate (r) = 6% = 0.06

Stock price (So) = $51

Time (T) = 1

Recall, relation for a put-call parity(p) is given by:

p + So = c + Ke^-(rT)

p = c + [Ke^-(rT)] - So

p = 6 + [50e^-(0.06 × 1)] - 51

p = 6 + [50×e^-0.06] - 51

p = 6 + (50 × 0.9417645) - 51

p = 6 + 47.0882267 - 51

p = 53.0882267 - 51

p = 2.0882267

p = 2.09

4 0
3 years ago
You deposit $300 in a bank account that earns 4ompound interest annually. what is the value of your $300 in 10 years?
Sunny_sXe [5.5K]

You deposit $300 in a bank account that earns 4% compound interest annually. $444 is the value of your $300 in 10 years.

Compound interest happens whilst interest gets added to the primary amount invested or borrowed, after which the hobby rate applies to the new (large) principal. it's essential interest in the hobby, which over the years ended in the exponential boom.

Compound interest is while you upload the earned hobby lower back into your important stability, which then earns you even extra interest, compounding your returns. shall we say you have got $1,000 in a savings account that earns 5% in annual interest. In 12 months, you would earn $50, giving you a brand new balance of $1,050.

Learn more about Compound interest here: brainly.com/question/2455673

#SPJ4

5 0
2 years ago
Price inflation:_______.
expeople1 [14]

Answer:

c. courages investment by increasing the uncertainty about future returns

Explanation:

Inflation refers to the increase in the price level of the goods

The price inflation reflects that there is a rise in the price of the goods and services over a particular period of time lets say for one year. It can arise when the raw material cost during the process of production increased that push the price in upward

It also increased the uncertainty with respect to the future returns through investment

Hence, the correct option is c.

5 0
3 years ago
Other questions:
  • A(n) ____________ goal can be vulnerable to encouraging employee temptation toward dishonesty and to behave unethically if that
    10·1 answer
  • p. 82) Which of the following is NOT a limitation of SWOT (Strengths, Weaknesses, Opportunity, Threats) analysis? A. Organizatio
    11·1 answer
  • The following proceeds received by Grove City in year 1 are legally restricted to expenditure for specified purposes: Donation b
    12·1 answer
  • _____________ architecture utilizes processes of designing, construction, operation, maintenance, and removal that have been car
    13·1 answer
  • An individual's ecological footprint is equivalent to the:
    9·1 answer
  • The following transactions were completed by the company a. The owner invested $19,000 cash in the company in exchange for its c
    8·1 answer
  • Frazer Corp sells several products. Information of average revenue and costs is as follows: Selling price per unit $28.50 Variab
    10·1 answer
  • An internal study by the Technology Services department at Lahey Electronics revealed company employees receive an average of tw
    8·1 answer
  • Karen makes $10 per hour and is paid time and
    13·1 answer
  • Martinez Corp. has the following transactions during August of the current year.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!