Answer:
The answer is A.
Explanation:
A perfectly competitive factor market can be defined as a perfectly competitive market where all the products produced by different manufacturers are the same, the product cost and the price of the product are known to all parties etc.
Imperfect information in economics refers to a situation where the information among different parties such as manufacturer, consumer etc is not equal and balanced.
The correct answer among the given options is A, hiring workers that have earned good grades in college to make up for the information imbalance and overcome the imperfect information problem.
I hope this answer helps.
Answer:
D) Customers associate superior service with efficiency and not friendliness.
Explanation:
In the given scenario of Penny Stores sales people are encouraged to build a relationship with the customer by following a scripted sales process.
They must greet the customer, introduce themselves and inquired about their purchase.
Staff are also encouraged to engage in casual conversation with customers.
The aim of this strategy is to create an atmosphere of friendliness.
However a survey conducted shows customers are dissatisfied.
It shows that customers do not appreciate the effort of staff at being friendly, but rather they prefer efficient service delivery.
Answer:
10,000; 30.
Explanation:
Block transactions is also known as block trade and can be defined as transactions that deals with the sales or purchases of high-volume or large amounts of securities (bond or equity).
Under block transactions, securities are usually negotiated privately and traded at an agreed price rate between the buyer and the trader. Also, block trade of a security is mostly executed by the parties outside of the open market so as to mitigate the impact on its rate.
Basically, block transactions are transactions for more than 10,000 shares, and they account for about 30 percent of all trading on the New York Stock Exchange (NYSE). Generally, a block trade as defined by the New York Stock Exchange (NYSE) is one having a total market value of $200,000 or more.
<em>The New York Stock Exchange (NYSE) is an American stock exchange founded on the 17th of May, 1792. NYSE by virtue of its market capitalization, is the world's largest stock exchange. </em>
Answer:
Easy access to funds through a debit card
Explanation:
A checking account is an account that individuals open at a bank or a financial institution to withdraw and deposit money. It is also referred to as a demand account. The salient feature with a checking account is that it is very liquid. It permits users a quick way of accessing their money.
A checking account can be accessed using ATMs, electronic cards, and checks. The checking account allows users to deposit and withdraw money multiple times without attracting charges.