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3 years ago

Who would benefit more from pure competition compared to other forms competition, producers and consumers

1 answer:

8 0

Consumers will benefit more from pure competition that producers. Pure competition means that consumers have many choices and can choose to buy from many producers. If they are unhappy with one product, it would be easy to switch to another. So if economic principles hold true, consumers would benefit from this type of arrangement. The opposite of this would be a monopoly where the producers have all the power and the consumer has little to no choice.

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Wait unemployment and search unemployment are both types of:

serious [3.7K]

Answer:

Option A. frictional unemployment, is the right answer.

Explanation:

Option A is correct because frictional unemployment is referred to as a situation when people change their job and remains unemployed during this period. For example, a person leaves his earlier job and starts finding a new job. It took him one month to find a new job, therefore, this period of one month during which he was unemployed and looking for a job is considered to be as the frictional unemployment.

6 0

3 years ago

In the graph above, the point E represents values which are __________ with current resource use and current technology.

elena55 [62]

In the graph above, the point E represents values which are unattainable with current resource use and current technology.

<h3>What point is the unattainable point in the PPC?</h3>

PPC refers to production possibility curve, This is a curve that shows the relationship between available resources to what can be attained.

The points outside the curve implies that the producer cannot achieve what they want given the available resources in the economy, however if the points are within the curve the available resources can meet with the intended production

Point E is a is a point that is beyond the graph, that is outside the graph. The resources available cannot attain production.

Read more on the PPC here; brainly.com/question/21639807

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<h3>Complete question</h3>

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2 years ago

You expect to receive a payment of £1,000,000 in British pounds after six months. The pound is currently worth $1.60 (i.e., £1 $

zhannawk [14.2K]

Answer:

a) Expected payment in dollars is $1,600,000

b) $1,560,000

c) Loss is -$250,000

d) Loss would be $40,000

e) If after hedging the price falls to $1.35, the contract amount would still not change.

f) If after hedging the price rises to $1.80, the contract amount would still not change.

g) Loss would be $200,000

Explanation:

You expect to receive a payment of £1,000,000 in British pounds after six months.

The pound is currently worth $1.60, i.e., £1 = $1.60

Six-month future price is $1.56, i.e., £1 = $1.56

a) At £1 = $1.60 current price, expected payment of £1,000,000 in dollars

= £1,000,000 × $1.60 = $1,600,000

b) At £1 = $1.56 future price, expected payment of £1,000,000 in dollars

= £1,000,000 × $1.56 = $1,560,000

c) If after six months, £1 = $1.35, expected payment of £1,000,000 in dollars

= £1,000,000 × $1.35 = $1,350,000

Therefore, loss = $1,350,000 - $1,600,000 = -$250,000

d) Present price at $1.60 delivery = $1,600,000

Future price at $1.56 delivery = $1,560,000

Loss = $1,600,000 - $1,560,000 = $40,000

g) Present price at $1.60 delivery = $1,600,000

Future price at $1.80 = $1,800,000

Loss = $1,800,000 - $1,600,000 = $200,000

8 0

4 years ago

Much of macroeconomics attempts to explain a. changes in the growth rate of state government spending. b. changes in the prices

irina1246 [14]

Answer:

C) long-run growth and short-run fluctuations in real GDP

Explanation:

Macroeconomics is a strand of economic science that discusses large economic aggregates, such as income, inflation, and employment variations. It is an approach that aims to discuss these factors and bring about improvements through economic policies. The concerns of the macroeconomy are mainly to maintain a stabilized economic system, with sustainable growth of GDP, income and social and economic indicators.

6 0

4 years ago

Can someone help State the importance of assessing facial characteristics prior to carrying out lash and brow treatments.? Pleas

Mama L [17]

So that you can make the makup look correct and not to synthetic and ugly

8 0

3 years ago