Answer:
Option A
Explanation:
Exercise price is the base price at which a share can be sold and is called the strike price of an option, increase in exercise price would reduce its market value because the value is the difference between it exercise price and market price.
Answer:
Explanation:
Total revenue is the amount of money you got for selling all of your products/services.
Marginal revenue is the amount of money you got for selling the last unit of goods or services.
<h3>
Answer</h3>
The market share of Levon is 28%
<h3>
Explanation</h3>
Total revenue of Levon is calculated:
$8 * 350 balloons = $2,800 per month
Total Revenue of the market:
$5 * 2000 balloons = $10,000 per month
Dividing Total Revenue of Levon with Total Revenue of the market
$2,800 / $ 10,000 = 0.28
Convert into percentage by multiplying with 100
0.28 * 100 = 28%
<h3>Conclusion</h3>
The market share of Levon is 28%
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Answer:
Purchases in August = $30000
Explanation:
Cost of golds sold = opening inventory + purchases - closing inventory
Purchase therefore would be
Purchases = cost of goods sold(COS) + closing inventory - opening inventory
Opening inventory in August = Closing inventory for July i.e (20%× august):
= 20% × 28,000 = 5600
Closing inventory in August = 20%× September COS
= 20%× 38,000 = 7600
Purchases in August
= 28,000+7600 - 5600
= $30000
Answer:
The correct answer is True.
Explanation:
A competitive market is one in which there are many buyers and many sellers, so each one has an insignificant influence on the market price. Each seller controls the price to a limited extent, as others offer similar products. You have few reasons to charge a lower price than the current one, and if you charge more, buyers will go to others. Also, no buyer can influence its price, since each one only buys a small amount.
