Answer:
B. Homogenous product
Explanation:
Monopolistic competitive market is a market structure in which there are many sellers selling differentiated product.
Differentiated product are product that vary in taste or style. They are goods that can be substituted.
Monopolistic competitive firms gain some degree of market power by differentiating their products from those of other firms in the industry. Monopolistic competition firms achieve price control by selling a product that is in some way(s) different from close substitutes product.
Features of Monopolistic competitive firms
1. Existence of many sellers
2. Heterogeneous goods are sold
3. Existence of close substitute
4. Absence of barrier to entry of new firms and free exit to existing firms.
5. Existence of competitors.
Answer:
The correct option is D) migration of high level talent
Explanation:
Renaissance Technologies (RenTech) is a good example of a hedge fund that has benefited from the migration of high level talent to the financial sector.
Known for their continued success and almost impenetrable fortress, Renaissance Technologies (RenTech) continues to thrive with a net worth of US$ 110 billion as of June 30, 2019.
Their mode of operation is uncommon and their human resource was drawn from a bunch of mathematicians and very skilled scientists.
This hedge fund specializes in systematic trading using quantitative models derived from mathematical and statistical analyses.
Their success is not unconnected with the migration of high level talent into the financial sector.
Answer:
accrued interest for the note: 307,500
Explanation:
installment of 2,050,000
outstanding principal 4,100,000
Accrued interest from October to June 30th: 9 months
To get the interest we use the folowing formula:
principal x rate x time = interest
Being time and rate express in the same metric that is, the rate is annual therefore, time is expressed as the portion of a year.
4,100,000 x 0.10 x 9/12 = 307,500
Answer:
a. An increase in the money supply lowers the equilibrium rate of interest.
Explanation:
An increase in the money supply lowers the equilibrium rate of interest therefore, making it less expensive for individuals to borrow according to the liquidity preference model developed by John Maynard Keynes.
Answer:
customer departmentalization
Explanation:
Customer departmentalization is when a company organizes its staff into various departments depending on the type of clients it deals with.
Functional departmentalisation is when a company organises its staff based on their functions. A company that uses this type of departmentalisation would have a HR department, finance department .
Product departmentalization is used in organisations that produce more than one good or service. Departments are created based on the different products been produced.
Geographic departmentalisation is used in large multi national organisations where departments are created based on where businesses are located.