Answer:
its demand increases and when the price of a commodity rises,
Explanation:
demand decreases other things remaining constant.
Answer:
The correct answer is II. This argument is in the best interests of the people they represent.
Explanation:
Trade unions in developed countries tend to support trade restrictions, because products made in countries with lower wages are generally cheaper than those made in those developed countries. For example, a pan loaf that costs about 3 dollars in the United States, can cost about 0.75 dollars in Mexico. Therefore, import value, including tariffs, is less than that of national production. This means that, if barriers to trade are not established, many workers lose their jobs due to the fact that national production is terminated due to the possibility of importing said products.
Answer: AGREE
Explanation:
A Monopoly faces no competition and are the only sellers of the product they sell. If firms in an industry successfully engage in collusion, the resultant effect will definitely be not unlike a Monopoly because they will set prices as a single firm, control output as a single firm and essentially run the market as a single firm.
They will sell at a rate where the Marginal Revenue curve will be below the demand curve. This will mean a higher price than a competitive market which was probably the main incentive for collusion.
A recent example would be the collusion between BMW, Daimler and Volkswagen, to hinder technological progress in improving the quality of vehicle emissions in order to reduce the cost of production and maximize profits. Thankfully this was busted by the European Commission in 2019.
Answer:
The correct answer is option d.
Explanation:
The product life cycle can be defined as a concept in marketing that describes the stages a product goes through in the marketplace. It is used by management and marketing professionals to decide when to increase advertising, reduce prices, expand to new markets, or redesign packaging.
This concept can be broken down into four stages:
- Introduction
- Growth
- Maturity
- Decline
<u>True.</u> Current market prices reflect all relevant information, whether it is known publicly or privately.
<h3><u>What does strong-form efficiency mean?</u></h3>
Strong form efficiency is the strictest interpretation of the efficient market hypothesis (EMH) investment theory, which claims that a stock's price takes into account all available information, whether it is public or private. Strong form efficiency advocates contend that even access to insider information cannot benefit an investment.
No matter how much study or information investors have access to, this level of market efficiency indicates that profits above typical returns cannot be realized. The majority of instances of strong form efficiency involve insider knowledge. This is due to the fact that the EMH's strong form efficiency is the sole component that incorporates confidential information.
Contrary to popular opinion, the idea contends, that possessing inside information won't help an investor achieve large market returns.
Learn more about the efficient market hypothesis (EMH) with the help of the given link:
brainly.com/question/20709287
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