Answer:
Since a perfectly competitive firm must accept the price for its output as determined by the product’s market demand and supply, it cannot choose the price it charges. Rather, the perfectly competitive firm can choose to sell any quantity of output at exactly the same price. This implies that the firm faces a perfectly elastic demand curve for its product: buyers are willing to buy any number of units of output from the firm at the market price. When the perfectly competitive firm chooses what quantity to produce, then this quantity—along with the prices prevailing in the market for output and inputs—will determine the firm’s total revenue, total costs, and ultimately, level of profits.
Answer:
Payment history, the number and type of credit accounts, your used vs. available credit and the length of your credit history are factors frequently used to calculate credit scores.
Explanation:
e. a, b, and c? All of these are true
Answer: e. The firm is going from its slack season to its peak sales season, so its receivables and inventories will experience seasonal increases.
Explanation:
A company increases it's holdings in short term marketable securities when it has money idle that isn't being put towards anything. It would therefore make sense to invest that money in short term securities to make some sort of profits by way of returns.
When a company is going from it's slack season to its peak season, they will have to use the cash that they have to I crease their inventory so as to better prepare for anticipated increased sales. They therefore cannot be using the cash they have to invest in short term securities making option e. the right answer.
Answer:
Variable rate demand obligation
Explanation:
The question is descriptive of a municipal variable rate demand obligation. Through this a municipality issues a long-term security at short-term and lower interest rates. The interest rate is reset at given period. It could be done daily. The holder can decide to put the bond back to the issuer at any of the reset date. They mature finally at a date of 10 years after issuance, and then they will be repaid.
