<span>The answer is letter C: A portion of
microeconomics examines how individual firms/households make choices, </span><span>how
individual householdshouseholds make choices, such as how they react
to changes in product prices </span>which makes it as a primary difference
between macroeconomics and microeconomics because macroeconomics examines the
economy as a whole.
<span>The North had a 81% Advantage in bank deposits to indicate for the North over the South who had only 19%.</span>
When an oligopoly exists, I think 1 producer dominates the market
Answer:
(There is typo error in question option c is C. 59.5%; 24.3%; 16.2%)
The correct answer is C. 59.5%; 24.3%; 16.2%.
Explanation:
This question requires us to tell what combination of investment will generate 8% return on our porffolio. To find out we will evaluate each option given in the question.
A. 0%; 60%; 40%
Return = 0% * 5% + 60% * 14% + 40%*10%
= 12.4%
B. 25%; 45%; 30%
Return = 25% * 5% + 45% * 14% + 30%*10%
= 10.55%
C. 59.5%; 24.3%; 16.2%
Return = 40% * 5% + 24% * 14% + 16%*10%
= 8%
D. 50%; 30%; 20%
Return = 50% * 5% + 30% * 14% + 20%*10%
= 8.7%
Answer:
D) readily available substitute products.
Explanation:
Porters five explains the following
- Threat of new entry
- Bargaining power of suppliers
- Bargaining power of buyers
- Threat of substitution
A) lack of importance of the buyer to the supplier group.
True. Buyers have less bargaining power as compared to suppliers
B) high differentiation by the supplier.
True. Higher differentiation leads to competitive advantage and rivalry within the market.
C) dominance by a few suppliers.
True. This falls under threat of new entry as the fewer suppliers create barriers such as capital requirement and licensing requirements to prevent new entrants
D) readily available substitute products.
False. This means there are more suppliers in the market that are ready to substitute a product thus making suppliers less powerful.
