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WITCHER [35]
3 years ago
10

In a competitive market, each seller has limited control over the price of his product because a. other sellers are offering sim

ilar products. b. buyers exert more control over the price than do sellers. c. these markets are highly regulated by the government. d. sellers usually agree to set a common price that will allow each seller to earn a comfortable profit.
Business
1 answer:
777dan777 [17]3 years ago
6 0

Answer:

A.

Explanation:

In a perfectly competitive market, buyers and sellers are free (by definition) to enter or leave the market as they choose.

That is, individuals are neither forced into nor prevented from engaging in a certain business, provided they have the expertise and the financial resources required.

A perfectly competitive market has the following characteristics:

-There are many buyers.

-There are many sellers. Firms can freely enter or exit the market. All sellers sell the same or similar products. It means that the goods offered by the various sellers are largely the same.

-Firms can freely enter or exit the market.

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Explain the importance of excellent customer service.
IRISSAK [1]
Excellent customer service is very important because if they treat the customers badly then their company’s customers will slowly decrease
7 0
2 years ago
The stock price of Baskett Co. is $53.40. Investors require a return of 12 percent on similar stocks. If the company plans to pa
Gemiola [76]

Answer:

Growth Rate = 5.73%

Explanation:

The present value of stock formula can be used here to solve this problem.

The formula is:

P_0=\frac{Div_1}{r-g}

Where

P_0  is the current stock price

Div_1  is the dividend to be paid next year

r is the rate of return required

g is the growth rate expected

Now, the first 3 variables are given, we need to find g. Substituting, we find our answer:

P_0=\frac{Div_1}{r-g}\\53.40=\frac{3.35}{0.12-g}\\53.40(0.12-g)=3.35\\6.408-53.40g=3.35\\53.40g=3.058\\g=0.0573\\

In percentage, it is

<u>Growth Rate = 5.73%</u>

7 0
3 years ago
What is a benefit of stock markets?
sleet_krkn [62]

Answer:

currently there will be no benifits because of the Corona Virus because the stock market is crashing.

6 0
3 years ago
Read 2 more answers
You invest $650 in security A with a beta of 1.2 and $450 in security B with a beta of 0.7. The beta of this portfolio is ______
e-lub [12.9K]

Answer:

Beta of this portfolio = 0.9953

Explanation:

Given:

Investment in security A = $650 beta 1.2

Investment in security B = $450 beta 0.7

Find:

Beta of this portfolio

Computation:

Beta of this portfolio = [650 / (650+450)]1.2 + [450 / (650+450)]0.7

Beta of this portfolio = [650 / (1,100)]1.2 + [450 / (1,100)]0.7

Beta of this portfolio = 0.7090 + 0.2863

Beta of this portfolio = 0.9953

6 0
3 years ago
Which of the following statements would a follower of Adam Smith be most likely to make?
Maksim231197 [3]

Answer:

D. If people are given the freedom to follow their own interests, theoretically their efforts will lead to economic growth that benefits society as a whole.

6 0
3 years ago
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