Answer:
The answer is avg cost curve
Explanation:
The long-term result of entry and exit in a perfectly competitive market is that all firms end up selling at the price level determined by the lowest point on the avg cost curve
Answer:
A. Product and Promotion development
Explanation:
I think that most of the people borrow money for large purchases instead of using a sinking fund because if you need money immediately borrowing money is a simple and easy thing, it takes less time whereas if you use sinking fund, it will take more time because for this you have to make plans earlier but it is a safe and protected method for clearing the debts.
Answer:
$976.90 will be the new price if interest rates increase to 8.5 percent.
Explanation:
YTM = 8%
Change in interest rate = (8.5% - 8%) = 0.5% <em>(Increase of 0.5%
)</em>
%Change In Price of Bond = -Duration/(1+YTM) X Change in Rate
= -4.99/(1+0.08) X 0.5%
= -2.310%
There will be a decrease of 2.310% in Bond Price
New Bond Price = 1000 - (1000 X 2.310%)
= 1000 - 23.10
= $976.90
Answer:
a. We observe the price of Jiffy peanut butter decreases and the quantity demanded of Smucker's strawberry jam increases: COMPLEMENTS, since a decrease in the price of Jiffy peanut butter increased the quantity demanded of Smucker's strawberry jam.
b. A razor and a blade: COMPLEMENTS, since they work together, a razor is useless without a blade and vice versa. An increase in the price of either of them should decrease the quantity demanded of both products, and vice versa.
c. A Panasonic CD player and a JVC CD player: SUBSTITUTES, since an increase in the price of Panasonic CD players will increase the quantity demanded of JVC CD players.
d. You observe that your significant other adds 1oz of cream to each cup of coffee: COMPLEMENTS, both you and your significant other complement each other, and cream and coffee are married for life. An increase in the price of cream reduces the quantity demanded of coffee and vice versa.
