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kramer
3 years ago
14

When secondary market buyers and sellers of securities meet in one central location to conduct trades the market is called:

Business
1 answer:
77julia77 [94]3 years ago
4 0

Answer:

It is called an exchange.

Explanation:

The secondary market is where investors buy and sell securities they already own. It is what most people typically think of as the "stock market," though stocks are also sold on the primary market when they are first issued. The national exchanges, such as the New York Stock Exchange (NYSE) and the NASDAQ, are secondary markets.

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Ken consumes two goods, Sprite and potato chips. Sprite costs $1 per can, and he consumes it to the point where the marginal uti
borishaifa [10]

Answer:

The correct option is c. $8.

Explanation:

Ken will maximize utility where the following equation holds:

MU of Sprite / Price of Sprite = MU of potato chips / Price of potato chips ................. (1)

Where;

MU of Sprite = Marginal utility of Sprite = 3

Price of Sprite = $1 per can

From the table in the question, equation (1) holds at the point where Marginal utility of potato chips is 6 since the Potato chips cost $2 per bag.

Substituting the values into equation (1), we have:

MU of Sprite / Price of Sprite = MU of potato chips / Price of potato chips => 3 / 1 = 6 / 2 = 3

Since when the marginal utility of potato chips that maximizes utility is 6, Ken consumes 4 Bags of Potato chips monthly and pays $2 per bag at this point, the amount he spends on potato chips each month can be calculated as follows:

Amount spent on potato monthly = Number of bags of Potato chips consumed monthly * Cost of potato chips per bag = 4 * $2 = $8

Therefore, the correct option is c. $8.

3 0
2 years ago
3. Raymond decides to set up a lemonade stand every weekend for the next four weeks to save up for the latest X-Men comic. He ha
Vladimir [108]

Answer:

It should listen to his mother.

Explanation:

This week cash flow handled the fixed cost of 10 to Raymond's brother.

His father is not considering that so it thinks the business flops.

Now that fixed cost are paid the following weeks his gains will increase entirely based on the sales volume so, it is better to continue the business for the next three weeks.

6 0
3 years ago
Construction workers manufacturing workers and farmers have what in common?
Marina86 [1]

Answer: There career pathways

Explanation:

7 0
3 years ago
Can someone please help me with this!!!!
Lera25 [3.4K]

Answer:

Eh easy aall you have to do is pay 4,305 dolllars

Explanation:

4 0
3 years ago
Explain the relationship between the factors of production and how that creates a
Degger [83]

Answer:

Natural resources (land)

Labor  (human capital)

Capital (machinery, factories, equipment)

Entrepreneurship

Explanation:

nature is the first key of success like having a land to start up

labor is the teamwork needed support between all ( all for one, one for all)

capital is needed just like food, no money no business

Entrepreneurship: it depends on what is the idea of business you want, and how it really help the community  

7 0
2 years ago
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