Firms often consolidate industries through horizontal mergers and acquisitions to increase their market power.
<h3>What is
market?</h3>
- A market is a collection of systems, institutions, processes, social relationships, or infrastructures in economics that allow parties to exchange goods and services.
- While parties may trade goods and services for money, the majority of markets rely on sellers providing their wares or services—including labor—to customers in exchange for payment.
- A market, in this sense, is the mechanism by which the costs of goods and services are decided.
- Markets enable distribution and allocation of resources in a community and facilitate trade.
<h3>What purpose do markets serve?</h3>
- Markets are crucial.
- They serve as the exchange mechanism for corporate stock and provide access to funds for firms.
- Markets have a key role in how prices are set, how liquidity is transformed, and how businesses may meet customer wants.
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<span>The most beneficial advantages for producers is open market economy because it is lead to more innovation and research & development through the absence of red tape. Producers don’t have to wait for the government to tell them what to make. They study demand, research trends and meet the customer’s needs through innovation. So, also encourages competition amongst firms to improve their product and service.</span>
Answer:
Using cc means that you send the email to another person — or other people — in addition to the primary recipient or recipients. When you use cc, everyone who receives the email can see who else received it. Bcc (“blind carbon copy) also sends a copy of the email to one or more people beyond the primary recipient(s).
Explanation:
Answer:
The answer is "Option b".
Explanation:
In this scenario, the second option, which would be the percentage within each transaction that's also interest instead of the full amount, would've been lower if the rate of interest were lower because interest-related transactions would have been higher at lower rates and conversely, as opposed to the main refunds.
Answer: Check attachment
Explanation:
A cash basis income statement is simply referred to as an income statement which contains revenues and expenditures for the company whereby cash has either being received or paid by the company.
For accrual basis income statement, revenue and expenditures are recorded when they're either earned or made.
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