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amm1812
3 years ago
12

What does Market Power mean?

Business
1 answer:
Kryger [21]3 years ago
3 0
Market power is the ability of a company or a firm/firm group to raise and maintain the price of a product. This also means that they need to maintain the price above the level that will be better than its competitors. This can also be called as monopoly power as well. However, it can lead towards loss of economic welfare as well.
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Jupiter Explorers has $5,600 in sales. The profit margin is 3 percent. There are 4,000 shares of stock outstanding, with a price
Irina18 [472]

Answer:

Price-earning ratio is 28.57 .

Explanation:

Price earning is a ratio widely used by common stock holder in stock market. The ratio is used to measures share price in relation to earning per share. The ratio tells us years require to recover amount spend on acquisition of share.

Detail calculation is given below.

Sales                      $ 5,600  -A

Net profit               $    168   -B

EPS                         $ 0.042 -B/4000

Price-earning ratio = 1.2/EPS  = 28.57  

6 0
3 years ago
Which of the following is NOT a reason to complete the Free Application for Federal Student Aid (FAFSA)?
Veseljchak [2.6K]

Answer:

its no obligadp

Explanation:

5 0
3 years ago
our grocery store in India is having trouble getting the local farmers to supply you with the proper produce. This is a problem
nadezda [96]

Your grocery store in India is having trouble getting the local farmers to supply you with the proper produce. This is a problem with India's resource market.

<h3>What is the resource market?</h3>

The term "resource market" refers to a market that provides goods and services to businesses, organizations, and firms in exchange for money. Markets that offer firms the resources they require to deliver the products or services they offer are known as resource markets.

One of the three main categories of macroeconomic markets is the resource market, sometimes known as the factor market. Financial markets and product markets are the other two. The macroeconomic analysis of full employment and unemployment must take into account resource markets.

firms demand the resources that maximize profit and households supply the resources that maximize utility.

To know more about resource market refer to: brainly.com/question/18310262

#SPJ4

4 0
2 years ago
2. The Oil Producing and Exporting Countries (OPEC) is an example of A
Lynna [10]

I believe that it is b the cartel

7 0
3 years ago
What are your opinions on how government and industry and global forces responded to the pandemic?:​
makkiz [27]

Government, industry and global forces have responded positively to the pandemic by instituting immediate measures to contain the virus and preserve the economy.

<h3>How does a pandemic impact the world?</h3>

A pandemic situation is capable of generating health, economic and social crises around the world, generating significant consequences, such as an increase in deaths, closure of companies, unemployment and shortages, especially in more vulnerable places where there are fewer resources to establish a plan. emergency to overcome the situation.

Therefore, government, industry and global forces are essential to institute public policies, strategies and public awareness of the importance of self-care and following protocols in a time of health crisis.

Find out more about global pandemic here:

brainly.com/question/18759665

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7 0
2 years ago
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