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nignag [31]
3 years ago
7

Please select the competitive markets in below scenarios.

Business
1 answer:
Ksivusya [100]3 years ago
8 0

Answer:

Option (B) is correct

Explanation:

A perfectly competitive market is characterized by the following:

  1. Large number of buyers and sellers: The number of buyers and sellers is so large that the output by an individual seller is in an insignificant portion to the total output.
  2. Homogeneous Products: Firms produce exactly identical products in terms of shape, size, color and other product attributes.
  3. Freedom of entry and exit: There is no restriction in new firms joining in and old firms leaving the industry.
  4. Firms are price takers: The price in such a market is determined by the interaction of market forces of demand and supply by the industry and individual firms take this price as given.

In the given case, broadband providers control prices since there are only two broadband providers, hence not a competitive market form.

Similarly, Scholastik Inc represents a monopoly i.e single seller and mall stores do not sell exactly similar or homogeneous products.

Thus, only the scenario of dozen companies producing exactly same socks, perfect knowledge on part of both buyers and sellers and with freedom of entry of new firms, corresponds to perfectly competitive market form.

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Every society faces trade-offs because we live in a world of scarcity. Suppose a student athlete has the opportunity to earn $20
grandymaker [24]

Answer:

Opportunity cost 900,000

Explanation:

The opportunity cost is the cost of the best alternative rejected, in order to do the pcurrent porohect.

The student, if picked to return on collegue, the opportunity cost will be the rejected baseball team or the rejected football team.

In this case, given two alternatives:

one for 20,000

and one for 900,000

the opportunity cost will be of 900,000 as is the best alternative

The opportunity cost for return to college will use this cost.

6 0
4 years ago
In an advertising plan, the ____ is the section in which the client and the agency lay out the key factors that define the curre
antoniya [11.8K]
<span>In an advertising plan, the "situation analysis" is the section in which.........
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5 0
3 years ago
Please read the entire question.
Bad White [126]

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6 0
3 years ago
A house in the neighborhood has been well maintained. The seller has made sure that all the electrical systems are working to co
Greeley [361]

Answer:

utility power

Explanation:

In simple words, the location of the house has been said to be in a prominent region, it gives the house a competitive advantage over other units, also the house has been maintained and restructured bu the seller so that it looks more good and healthy.

The subject unit has been restructured in a way that it satisfied all the needs of the buyer, thus, it brings a lot of utility power to the market in respect of its value.

6 0
4 years ago
A two-year bond with par value $1,000 making annual coupon payments of $99 is priced at $1,000.
iVinArrow [24]

Answer:

(a) 9.9%

(b)  10.09%

The further explanation is given below.

Explanation:

The given values are:

Coupon payment

=  $99

Price

=  $1,000

(a)

The Yield to maturity (YTM) will be:

= \frac{C+\frac{F-P}{n} }{\frac{F+P}{2} }

where,

C = Coupon payment

P = Price

n = years to maturity

F = Face value

On putting the estimated values is the above formula, we get

⇒  99+\frac{0}{1000}

⇒  .099

⇒  9.9%

(b)

Although the 1st year coupon was indeed reinvested outside an interest rate of r%, cumulative money raised will indeed be made at the end of 2nd year.  

= [99\times (1 + r)] + 1,099

Came to the realization compound YTM is therefore a function of r, as is shown throughout the table below:

Rate (r)             Total proceeds         Realized YTM ((\frac{proceeds}{1000} )^{.5} - 1)

7.9%                      1205.8                                   9.8%

9.9%                             1207.8                                   9.9%

11.9%                      1209.8                                  9.99%

Now,

Overall proceeds realized YTM:

= \frac{proceeds}{1000} -18 \ percent \ 1,\frac{2081208}{1000} - 1

= 0.0991

= 9.91 \ percent \ 10 \ percent \ 1,\frac{2101210}{1000}- 1

= 0.1000

= 10.00 \ percent \ 12 \ percent \ 1,\frac{2121212}{1000}-1

= 0.1009

= 10.09%

6 0
4 years ago
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