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Explanation:
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Answer:
Consider the following explanation.
Explanation:
According to the law of one price, identical goods
sold IN DIFFERENT LOCATIONS must sell for the same
price, except for costs associated with MOVEMENT BETWEEN LOCATIONS.
Those costs reflect TRADE BARRIERS and the cost of shipping.
According to the law of one price, if the price of a good
in one location does not match the price of the same good in
a different location, sellers will increase supply
in the location where the good is MORE EXPENSIVE
until prices in both locations are equal.
Its b
Explain:
The reason it’s because the government collects taxes which are considered leakages
Answer: Incomplete question.
Match the following terms to there definition.
Explanation:
1. Tells whether a company can pay all its current liabilities if they become due immediately - Quick Ratio
2. Measures a company's success in using assets to earn income - Return on Assets
3. The practice of comparing a company with other companies that are similar - Benchmarking
4. Indicates how rapidly inventory is sold - Inventory turnover
5. Shows the proportion of a company's assets that is financed with debt - Debit Ratio
6. Tells the percentage of a stock's market value that the company returns to stockholders annually as dividends - Dividend Yield
7. Measures a business's ability to pay interest on its debt - Interest coverage ratio
8. Measures a company's ability to collect cash from credit customers -
Account Receivable Turnover
Answer: Option E
Explanation: In a free market system the prices of goods and services produced are determined by the market forces of demand and supply. This are also known as open market.
The intervention of govt. in regulating such markets is very minimal. Thus, the control in such markets stands in hands of private owners. Therefore, the private owners produce with the single aim of profit maximization in such economies.
Hence we can conclude that the right option is E.
