Answer:
b. Ticket prices will be higher because each team is a monopoly in the city.
Explanation:
A monopoly is when there is only one firm operating in an industry. Monopoly usually have market power. They have the ability to set market prices. They usually earn economic profit in the long and short run.
Monopolies are not faced with any competition because they are the only firms operating in an industry.
Because there are usually only one major league in each town, the teams are monopolies, they have the ability to set high prices and do not face competition.
I hope my answer helps you
Answer:
Profit of 3600
Explanation:
I bought the 600 shares at a price of $41.20
so, Cost of buying the shares 24720
Along with it, i also bought the put option in $1.10 with a strike price of $45.
Buying the put option able me to sell the stock in 45 regardless of the price in stock market is.
But at the expiration date, the price of stock is $48.30 (more than strike price of $45)
So, i would not sell my stock to the broker in 45 (strike price) where, i can sell this stock in stock market at $48.30
Selling this stock in 48.30
48.30*600=28980
I must pay the option premium even though i have not utilized the option.
1.10*600=660
Finally,
selling price of shares-cost of buying shares - cost of purchasing premium
28980-24720-660= 3600
Answer: Option C
Explanation: In simple words, multinational market refers to the economic system in which different countries of the world trade with each other by decreasing the barriers and taxes so that booth countries could be benefited from the ongoing business.
Multinational market structures have resulted in drastic expansion ion business activities all around the world as the business firms can not target new markets which were earlier out of reach
Hence from the above we can conclude that the correct option is C.
“OSHA” Stands for the Occupational Safety and Health Administration of the United States Department of Labor, formed by the Occupational Safety and Health Act of 1970
