Its citizens, and government.
Answer:
restricting the entry; trade restrictions; import tariffs; rent-seeking; monopoly
Explanation:
Monopolists want to maximize their profits by keeping the potential competitors out of the market. For restricting the entry of potential firms they adopt the practice of lobbying for trade restrictions which restrict entry. One such restriction is importing tariff which will reduce competition from foreign products. Such lobbying can be defined as a form of rent-seeking which means using political means to secure monopoly position.
Answer:
The value of the put option is;
e. $9.00
Explanation:
To determine the value of the put option can be expressed as;
C(t)-P(t)=S(t)-K.e^(-rt)
where;
C(t)=value of the call at time t
P(t)=value of the put at time t
S(t)=current price of the stock
K=strike price
r=annual risk free rate
t=duration of call option
In our case;
C(t)=$7.2
P(t)=unknown
S(t)=$50
K=$55
r=6%=6/100=0.06
t=1 year
replacing;
7.2-P=50-55×e^(-0.06×1)
7.2-P=50-(55×0.942)
7.2-P=50-51.797
P=51.797+7.2-50
P=$8.997 rounded off to 2 decimal places=$9.00
Answer:
Money can easily be divided into smaller denominations is the correct answer.
Explanation:
