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Nostrana [21]
3 years ago
6

An auction market:

Business
1 answer:
Sindrei [870]3 years ago
6 0

Answer:

The correct answer is letter "B": has a physical trading floor.

Explanation:

An auction market is one where buyers and sellers simultaneously offer reasonable bids. The price of the asset being traded is the highest price a buyer is willing to pay and the lowest price a seller is willing to accept. Even with the spread of technology, some auctions can be done online. Though, the auction always has a trading floor.

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When the price of candy bars decreased from $0.55 to $0.45, the quantity demanded changed from 19,000 per day to 21,000 per day.
just olya [345]

Answer:

0.5

Explanation:

A screenshot is attached to get the full solution

Since the coefficient is < 1, it is inelastic

8 0
3 years ago
the amount of goods and services produced by an economy divided by the amount of resources used to make those goods and services
Elenna [48]
Gross dometic product
3 0
2 years ago
A bank will often hold government securities as an asset. If a bank were to sell S500,000 in government securities to an individ
sleet_krkn [62]

Answer:a.

It would increase by $500,000 multiplied by the reciprocal of the required reserve ratio.

Explanation:

A bank will often hold government securities as an asset. If a bank were to sell S500,000 in government securities to an individual who paid for the bond in cash and the bank placed this cash in its vault, by how much would the money supply change as a result  -  It would increase by $500,000 multiplied by the reciprocal of the required reserve ratio.

The money supply is the entire stock of currency and other liquid instruments circulating in a country's economy and is given by the formula:

MONEY SUPPLY = RESERVES X MONEY MULTIPLIER

Therefore the bank reserves increasing in the scenario will increase money supplier by the effect of the money multiplier or the reciprocal of the required reserve ratio.

5 0
3 years ago
Suppose the U.S. government imposes a quota on the number of Japanese-made cars allowed into the United States (the quota is set
Arturiano [62]

Answer:

The correct answer is c increase; remain the same.

Explanation:

Regardless of the motor market, in the technological world, audiovisual, sound and appliances, the Japanese country has evolved to become a huge world power sweeping the rest of the brands and filling all the sales lists. In addition, companies such as Toyota were gradually entering the forefront of the most Americanized and most popular vehicles in the United States. In 2007, the company displaced General Motors for the first time in the top of sales.

7 0
3 years ago
When incorporating, a business
DedPeter [7]

Answer:

May incorporate in any state it chooses.

Explanation:

Incorporation can be defined as the creation of a new business which will have equal rights as that of an individual.

The different steps for incorporation include:

- Proper documentation of the reports of incorporation.

- Choosing a suitable name for the business.

- Documenting the various operational agreements.

- Appointing managers to supervise the daily activities.

- Getting a federal employment identification number.

- Opening accounts for keeping the revenues that will be generated by the company.

- Employing diffetents workers to carry out various activities in the company.

5 0
2 years ago
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