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3 years ago

Why would having information be a requirement for a purely competitive market?

Business

1 answer:

dusya [7]3 years ago

6 0

Answer:

To no the prices of goods and service and to buy stuff at low prices.

Explanation:

A purely competitive market is a situation where multiplier sellers have homogeneous products. The availability of the information is very important in a purely competitive market in order to decide how many sellers are selling the same product and from where an individual can buy products at low prices. Availability of information means, no seller can earn abnormal profits.

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Find the interest earned on invested for years at % interest compounded as follows. a. Annually b. Semiannually (twice a year

Katen [24]

Answer:

$3979.79

2 $4023.63

Explanation:

Here is the full question used in answering this question :

Find the interest earned on $15,000 invested for 6 years at 4% interest compounded as follows. a. Annually b. Semiannually (twice a year) c. Quarterly d. Monthly e. Continuously

the formula for determining interest earned is :

future value - present value

The formula for calculating future value:

FV = P (1 + r/m)^mn

FV = Future value

P = Present value

R = interest rate

N = number of years

m = number of compounding

1. 15,000 ( 1 + 0.04)^6 = 18979.79

18979.79 - 15,000 = $3979.79

2 1. 15,000 ( 1 + 0.04/2)^12 = 19023.63 = $4023.63

3 0

3 years ago

What is the payback period for a project with an initial investment of $180,000 that provides an annual cash inflow of $40,000 f

kotykmax [81]

Answer:

It will take 5.2 years to cover the initial investment.

Explanation:

<u>The payback period is the time required to cover the initial investment.</u>

year 1= 40,000 - 180,000= -140,000

Year 2= 40,000 - 140,000= -100,000

Year 3= 40,000 - 100,000= -60,000

Year 4= 25,000 - 60,000= -35,000

Year 5= 25,000 - 35,000= -10,000

Year 6= 50,000 - 10,000= 40,000

<u>To be more accurate:</u>

(10,000/50,000)= 0.2

It will take 5.2 years to cover for the initial investment.

5 0

2 years ago

In this photo, this phase of the moon is called

blondinia [14]

Answer:in this photo, this phase of the moon is called waning crescent.

The next phase will be new Moon.

About 27 days from now the phase will be waning crescent.

Explanation: Just did it on edge 2020 :)

8 0

3 years ago

Read 2 more answers

Andrews Corp. ended the year carrying $33,836,000 worth of inventory. Had they sold their entire inventory at their current pric

mamaluj [8]

Answer:

Revenue could be of amount $33,836,000

Explanation:

As the selling price is not given in the question, only the cost of the inventory is given, So,

We assume that the Sales quantity is X and the Selling Price per unit be Y

Then,

Sales = X × Y ............... Equation (1)

Less : COSG = $33,836,000 ................ Equation (2)

Net Income = 1 - 2

If the selling price is equal to the cost of the inventory which is $33,836,000. So, the only revenue which is to be added is the amount of $33,836,000.

Note: It totally depend or grounded on the Sales value.

6 0

3 years ago

Consolidation among fuel providers serving airport facilities is viewed in the five forces model of competition as a(n): a. redu

Sonja [21]

Answer:

c: increase in the bargaining power of suppliers of a critical input

Explanation:

Five Forces Framework by Porter's can be regarded as a method involving analysis of competition in a business. It's analysis dream through

industrial organization economics determine forces that are responsible for competitive intensity. The forces are;

✓potential new market entrants

✓number and power of a company's competitive rivals

✓ influence of suppliers, customers,on company's profitability.

It should be noted that Consolidation among fuel providers serving airport facilities is viewed in the five forces model of competition as a increase in the bargaining power of suppliers of a critical input.

7 0

2 years ago