1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Verdich [7]
3 years ago
12

If you expect the price of gold to increase in the near​ future, your demand for gold today will increase.A. TrueB. False

Business
1 answer:
9966 [12]3 years ago
5 0

Answer:

A. True

Explanation:

Gold is a valuable commodity acquired for various reasons.  In economists, gold is as a store of value and an investment tool. Gold is traded in the financial markets like other valuable metals such as silver and copper.

If investors anticipate the price of gold to rise in the near future, demand for gold will increase. Gold will be bought as an investment asset for speculative purposes. Traders will buy gold and the current prices and wait to sell when the prices rise. Investors take advantage of price movement to make profits.

You might be interested in
"1. When a T-shirt manufacturer states, ""We sell it only in black because that way we can buy plenty of black fabric and run ou
katrin2010 [14]

idk

Explanation:

i dont know also, idk, i dont know

4 0
3 years ago
Read 2 more answers
What is one cost of avoiding insurance?
Illusion [34]

Answer:

falling into debt if faced with a serious problem

Brainliest?

8 0
3 years ago
Read 2 more answers
All of the following are assumptions of the perfectly competitive model except: Select an answer and submit. For keyboard naviga
soldier1979 [14.2K]

Answer:

d

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  

In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.  

Perfectly competitive market consists of a large number of firms, and each firm is small relative to the entire market. This makes firms unable to set the prices for their goods.

It is the monopoly and oligopoly market structure that is characterised by high entry and exit into the market

5 0
3 years ago
"_____ are groups of concerned citizens who band together to try to influence the business practices of specific industries, bus
Nastasia [14]

Advocacy groups are groups of concerned citizens who band together to try to influence the business practices of specific industries, businesses, and professions.

Explanation:

Advocacy groups are important components of consumer rights in the capitalistic market and are essential for maintaining good business practices in the capitalistic society where competition can take a hold over the moral situation that should in  a sense dominate.

The advocacy groups that work this way are the ones who are a group of concerned citizens who band together to try to influence the business practices of specific industries, businesses, and professions. This is important for consumer rights for this sector to be strong.

5 0
3 years ago
Sherry owns a car business. She just received a shipment of Volkswagen SUVs. She paid $60,000 for each vehicle and wants to make
densk [106]

The selling price of the price that is offered to the buyer of the goods. The selling price of the car should be $<u><em>75,000</em></u>.

<h3>What is the selling price?</h3>

The selling price is the ultimate value of the goods the seller is willing to offer to the buyer at the time of sale. It is determined by adding up the profit margin to the actual cost of the goods.

The computation of the selling price of the car:

Given,

  • Cost price =$60,000
  • Margin =25%

\begin{aligned}\text{Selling Price}&=\text{Cost Price}+\text{Margin}\\&=\$60,000+(\$60,000\times25\%)\\&=\$60,000+\$15,000\\&=\$75,000\end{aligned}

Therefore, if Sherry wants to make 25% on the sale of each car then the car must be sold at $75,000 each.

Learn more about selling price, here:

brainly.com/question/3798799

5 0
2 years ago
Other questions:
  • There are innovations involving new ways to produce and conserve energy. If we can turn this new technology into marketable prod
    5·1 answer
  • The last element of a formal business letter should be the salutation followed by your signature.
    5·1 answer
  • In the open-economy macroeconomic model, other things the same, which of the following combinations make the exchange rate fall?
    5·1 answer
  • Simon and his managers are discussing the unemployment, inflation, and interest-rate trends that might affect their chain of san
    8·1 answer
  • Which of the following is a shortcoming of GDP accounts? Group of answer choices They do not take into account the unemployment
    6·1 answer
  • Jack earns $90,000 while Priscilla earns $130,000. A regressive social security tax of 5%, paid only up to $90,000, would mean t
    13·1 answer
  • Tata Motors is an Indian multinational automotive company headquartered in Mumbai and a core member of the very successful Tata
    15·1 answer
  • One of your new clients explains that she prefers investments paying income with a fixed rate of return, but also allows for the
    5·1 answer
  • On Monday, May 15, 2017, you bought (traded) the XZX, Inc. 8.25% corporate bonds with a trading value of $96.50 price. The coupo
    5·1 answer
  • If GDP is $15 trillion, how many years will it take for GDP to increase to $30 trillion if annual growth is 2 percent
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!