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Cerrena [4.2K]
3 years ago
13

Identical products, as well as a large number of buyers and sellers, are characteristics of aperfectly competitive market. In su

ch markets, sellers of goodscan influence the prevailing market price, giving them the role of pricemakers in the market. True or False: The market for public utilities, such as gas and electricity, exhibits the two primary characteristics that define perfectly competitive markets.
Business
1 answer:
Triss [41]3 years ago
5 0

Answer and Explanation:

Perfect competition is a competitive market where there is a very wide number of buyers and sellers who offer the same or similar goods with great product and service information. Furthermore, this sector has free entry and exit

So it is a perfectly competitive market, also it cannot influence the market price also there are price takers

Also the given statement is false as it represents the monopoly market not the perfect competition market

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Spencer Supply’s stock is currently selling for $60 a share. The firm is expected to earn $5.40 per share this year and to pay a
Sergio039 [100]

Answer:

a. 4.5%

b. $5.643

Explanation:

a. Current Selling price is $60 per share, earnings per share is $5.40, dividend in year end is $2.70. Required rate of return is 9%.

Calculate the growth rate as follows:

Growth rate= Required Return - \frac{Dividend per share }{Price per share }

=9%- $2 70/$60

= 9% - 0.045

= 9% - 4.5%

=4.5%

b. If Spencer reinvests earnings in projects with average returns equal to the stock's expected rate of return.

Calculate the next year's EPS as follows:

Next year EPS = Current EPS X (I + Growth)

=$5.40 x (1 + 4.5%)

=$5.40 x (1 + 0.045)

=$5.40 x (1.045)

$5.643

Therefore, the next year earnings per share (EPS) will be

$5.643

4 0
2 years ago
In many developing countries, poor farmers plow up marginal land in order to survive. The resulting soil erosion and land degrad
zaharov [31]

Answer:

Destructive positive feedback loop

Explanation:

Destructive positive feedback loop -  it is a type of loop where output of any act is input of other. As we know the output and input of two act drive the whole nation, thus this driving force can let the system away from neutral condition or sustainable condition.

this type of feedback loop force system to carry on the same change in same direction. example - continuous melting of ice from the glacier.

7 0
3 years ago
What is an example for empathy and being able to recover quickly from emotional experience?
sp2606 [1]

Answer:

The answer is below

Explanation:

Given that Empathy is a personal experience or ability shown by individuals to understand and share the actual feelings of other individuals.

Examples of Empathy are:

Emotional, Cognitive, and Compassionate

Emotional Regulation is the "ability to recover quickly from the emotional experience." This is a form of emotional intelligence exercised by humans.

3 0
2 years ago
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Answer:

The company issued common stock for $250,000. Management expects to use the proceeds to purchase land next year.

  • Cash flows from financing activities increased by $250,000. Cash flows from investing activities are not affected during this year (they should decrease next year).

A new office building was purchased by issuing a $700,000 long-term note payable to the seller.

  • Cash flows from financing activities increased by $700,000. Cash flows from investing activities decrease by $700,000.

A-2-Z acquired equipment from one of its suppliers. In exchange, A-2-Z offers to provide design services to its supplier over the next two years. The services are valued at $90,000.

  • Cash flows from financing and investing activities are not affected since this transaction is part of operating activities.
7 0
3 years ago
3. A large hotel wants to relocate some of its parking area. Your company, ABC Contractors, would submit a ___
maksim [4K]
The correct answer would be a request form.
8 0
3 years ago
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