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3 years ago

Long-run adjustments in purely competitive markets primarily take the form of _________.

Business

1 answer:

Anarel [89]3 years ago

5 0

Answer:

The correct answer (b)

Explanation:

Competitive markets are considered an important and efficient market system which helps to use scare resources to provide goods and service. In the competitive market, long-run adjustment is all about firms entering and exiting the market. The firm which takes loss exit the market likewise, new firms enter the market this is how competitive market works. Enter and exit of firms helps to create equilibrium is long-run.

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The two stocks in your portfolio, X and Y, have independent returns, so the correlation between them, rXY is zero. Your portfoli

melamori03 [73]

Answer:

Explanation:

Beta of a portfolio is given by adding the some of the beta of each stock multiplied by the weights

Overall investment equals $50000+$50000=$100000

which gives Wx=50000/100000=0.5

Wy=50000/100000=0.5

Bp=Wx*Bx)+(Wy*By)

=(0.5*1.6)+(0.5*1.6)

=1.6

The expected return calculated by sum of weight multiplied by expected return

Er=(0.5*15%)+(0.5*15%)

=15%

The portfolio has a beta equal to 1.6 and expected return equal to 15%

6 0

3 years ago

Comparing how many dollars it takes you to run your car each year to annual earnings on a job insteadof keeping track of costs i

stepan [7]

Answer:

Explanation:

Money has several functions, one of its principal function is using it as unit of account. By comparing the amount in dollars spent on running a car yearly to annual earnings instead of keeping track in terms of gasoline cost and quarts of oil shows that money has been used as a unit of account.

This means that the amount of gasoline gallons bought and quarts of oil has been essentially replaced by the cost of these purchases and hence avail is the power to use money as a unit of account

5 0

3 years ago

Union Local School District has bonds outstanding with a coupon rate of 3.1 percent paid semiannually and 22 years to maturity.

arlik [135]

Answer:

The price of the bond is $9,537.91

Explanation:

Coupon payment = $10,000 x 3.1 = $310 / 2 = $155

Number of period = n = 22 x 2 = 44 semiannual periods

Face Value = $10,000

Yield to maturity = 3.4% yearly = 3.4% /2 = 1.7% semiannually

Price of bond is the present value of future cash flows, to calculate Price of the bond use following formula:

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Price of the Bond =$155 x [ ( 1 - ( 1 + 1.7% )^-44 ) / 1.7% ] + [ $10,000 / ( 1 + 1.7% )^44 ]

Price of the Bond = $155 x [ ( 1 - ( 1.017 )^-44 ) / 0.017 ] + [ $10,000 / ( 1.017 )^44 ]

Price of the Bond = $4,774.94 + $4,762.97

Price of the Bond = $9,537.91

5 0

3 years ago

What is a standard is a

Kobotan [32]

Answer:

is the pattern that follows any of the variables that determine the benefit of an economic activity

a standard is the reference level of some factor of production

7 0

3 years ago

Closely held corporations sell shares of stock to the public. <br> True <br> False

aev [14]

The answer to the question is false

4 0

3 years ago

Read 2 more answers