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olga_2 [115]
3 years ago
13

In competitive markets, which of the following is not correct? Group of answer choices No individual buyer can influence the mar

ket price. Some sellers can set prices. Firms produce identical products. Buyers are price takers.
Business
1 answer:
julia-pushkina [17]3 years ago
3 0

Answer:

Some sellers can set prices

Explanation:

Characteristics of competitive firms:

1. All sellers are price takers. No seller can influence market price.

2. All buyers are price takers

3. Forces of demand and supply determine market price.

4. All products are homogenous

5. There are no barriers to entry or exist of firms

6. There is perfect information

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Irving purchase a car for $5,000 his interest rate is 10% for the year how much will he pay in one year's time​
Anna35 [415]

Answer:

$500

Explanation:

The cost of the car is $5000

the interest is 10% per year

the interest paid in one year time will be

I= p x r x t

p = $5000; r =10% or 0.1 ;and t = 1

I = $5000 x 0.1 x 1

I= $500 x 1

Interest payable in one year is $500

3 0
3 years ago
Why does Joe's demand curve have a negative slope? Joe only has so much money; when other things get more expensive he must buy
AleksAgata [21]

Answer:

The answer is: He needs the price of coffee to go down to convince him to buy more.

Explanation:

A demand curve (almost) always has a negative slope. As a product gets more expensive, the amount of people willing to buy that product decreases. So if the product gets cheaper, the more people are willing to purchase it.

The opposite happens with the supply curve, as the price of a product increases, the more companies are willing to sell that product.  

7 0
3 years ago
The follow passage describes how a catalytic converter in a car works. The catalytic converter mostly likely was developed in re
Mashcka [7]

Answer:

Its A

Explanation:

Its A

5 0
3 years ago
Consider a family who borrows $250,000 to purchase a new home at a fixed interest rate of 8.5%. If inflation increases from 4% t
vitfil [10]

The home loan must be repaid at a real interest rate of 3%; (8.5%-5.5%=3%).

<h3>Real interest rate </h3>

A real interest rate is adjusted to remove the effects of inflation and gives the real rate of a bond or loan. A nominal interest rate refers to the interest rate before taking inflation into account.

Learn more about real interest rate here:

brainly.com/question/13324776

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3 0
2 years ago
In what ways can shares be ""preferred""? In which ways are they similar and different from common shares? Give real-world examp
Usimov [2.4K]

Answer:

Ordinary shares and preferred shares are the two main types of shares that companies sell and are traded between investors in the open market. Each type grants shareholders a partial ownership of the company represented by the share.

Despite some similarities, common stock and preferred stock have some significant differences, including property related risk. It is important to understand the strengths and weaknesses of both types of actions before buying them.

Explanation:

Common Stock

First category of stock which is available for everyone i.e. public or common stock is the most common type of stock issued by companies. It gives shareholders the right to share the company's profits through dividends and / or capital appreciation. Common shareholders generally have voting rights, with the number of votes directly related to the number of shares they own. Of course, the company's board of directors can decide whether to pay dividends or not, and how much is paid.

The owners of common shares have "preference rights" to maintain the same proportion of ownership in the company over time. If the company distributes another offer of shares, shareholders can buy as many shares as necessary to keep their property comparable.

Common stocks have the potential to make a profit through capital gains. The performance and principal value of the shares fluctuate with changes in market conditions. The stocks, at what time when sold, may be worth more or less than their original cost. Shareholders are not sure of receiving dividend payments. Stockholders must consider their tolerance for investment risk before investing in common stock.

Preferred Stock

Preferred stocks are generally considered less volatile than common stocks, but generally have less earning potential. Preferred shareholders generally do not have voting rights, like common shareholders, but they have a greater claim on the company's assets. Preferred shares can also be "enforceable", which means that the company can buy shares from shareholders at any time and for any reason, although generally at a favorable price.

Preferred stock shareholders receive their dividends before common shareholders receive theirs, and these payments tend to be higher. Preferred stock shareholders receive fixed and regular dividend payments over a specific period of time, as opposed to variable dividend payments that are sometimes offered to common shareholders. Of course, it is important to remember that fixed dividends depend on the company's ability to pay as promised. In the event that a company declares bankruptcy, preferred shareholders are paid before common shareholders. However, unlike preferred shares, common shares have the potential to generate higher returns over time through capital growth. Remember that investments that seek to achieve higher rates of return also involve a greater degree of risk.

6 0
3 years ago
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