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tino4ka555 [31]
2 years ago
10

Most markets in the economy are A. markets in which buyers, rather than sellers, control the price of the product. B. perfectly

competitive. C. markets in which sellers, rather than buyers, control the price of the product. D. highly competitive.
Business
1 answer:
Helen [10]2 years ago
5 0

Answer:

D. highly competitive.

Explanation:

Highly competitive markets are this e where a large number of sellers compete to satisfy the needs of a large number of buyers.

There are wide variety of products for consumers to choose from , so sellers have to come up with a competitive advantage that will give them edge over competitors.

Price changes drive demand and supply trends.

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Trish receives $450 on the first of each month. Josh receives $450 on the last day of each month. Both Trish and Josh will recei
andrezito [222]

Answer:

A.$141.80

Explanation:

Present Value of Trish payments = P+P\frac{1-(1+(r/m))^{-(n-1)} }{r/m}

Present Value of Trish payments = $450 + $450 \frac{1-(1+(0.095/12))^{-(48-1)} }{0.095/12}

Present Value of Trish payments = $180,54

Present Value of Josh payments = P\frac{1-(1+(r/m))^{-n} }{r/m}

Present Value of Josh payments = $450 \frac{1-(1+(0.095/12))^{-48} }{0.095/12}

Present Value of Josh payments = $17,912

Difference between two payments = 18054 - 17912 = 141

3 0
2 years ago
systems play a key role in helping organizations achieve goals, which are set forth in a(n) statement. Computers can be used by
Sergio [31]

Answer:

The following are those which helps in playing a key role in helping organizations to achieve their goals:

O. Computers can be used by people at all levels of an organization.

O. Workers use information systems to produce and manipulate information.

O. Managers depend on information systems to supply data that is essential for long-term planning and short-term tactical planning.

O. A decision system helps workers and managers make non-routine decisions by constructing decision models that include data collected from internal and external sources.

O.  A(n) engine evaluates the facts and rules to produce answers to questions posed to the system.

O. Using a technique called logic, these systems can deal with imprecise data and problems that have more than one solution.

Explanation:

8 0
3 years ago
Seatbelts in a vehicle are in compliance with what basic right covered by the
tatiyna

Answer:

D: The right to safety.

Explanation:

7 0
2 years ago
Read 2 more answers
Rate of Return if State Occurs State of Economy Probability of State of Economy Stock A Stock B Stock C Boom .15 .39 .49 .29 Goo
Maurinko [17]

Answer:

15.68%

Explanation:

Now to get the expected return of the portfolio, we need to find the return of the portfolio in each state of the economy. This portfolio is a special case since all three assets have the same weight. To find the expected return in an equally weighted portfolio, we can sum the returns of each asset and the we divide it by the number of assets, so the expected return of the portfolio in each state of the economy will be :

Boom: RP= (.13 + .21 + .39) / 3 = .2433, or 24.33%

Bust: RP= (.15 + .05 −.06) / 3 = .0467, or 4.67%

Now to get the expected return of the portfolio, we multiply the return in each state of the economy by the probability of that state occurring, and then sum. In so doing, we get

E(RP) = .56(.2433) + .44(.0467)

=.1568, or 15.68%

8 0
3 years ago
Amari has two jobs, one for the winter and one for the summer. In the winter, he works as a lift attendant at a ski resort where
Nina [5.8K]

Answer: b. has a backward-bending portion.

Explanation:

A backward-bending supply curve shows what happens when people substitute higher wages for more leisure time like Amari is doing in this scenario.

At a higher wage, people will be able to work for shorter hours as such a job will still give them the same amount of money as working longer in lower paying jobs.

After they get a certain level of payment from the higher paying job, they will then substitute the remaining hours for leisure. This creates a backward-bending curve because labor hours are reducing past a certain level of wages.

6 0
3 years ago
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