Answer: independently setting a product's price without consideration of its rivals' pricing policies
Explanation: A business strategy is a plan drafted which enables an entrepreneur to succeed in a business he is about to venture into.
An oligopolistic market is a market that has few sellers and multiple buyers, with the sellers fixing any price they want for their products sold because of lack of business competition.
Answer: c. the market portfolio
Explanation:
A stock's beta measures how the stock moves in relation to the general movement of the market. It is therefore possible to estimate it based on the returns of both the market and the historical return of the stock.
To do so, one can run a regression analysis of the excess return of the stock on the excess return of the market portfolio. This will allow for knowing the amount of risk that is from the market and the one from the stock itself thereby allowing for the calculation of the stock's beta.
Answer:
The answer is C)Occupational Safety and Health Administration (OSHA)
Explanation:
This agency was established by the Congress and was signed into law by the president Nixon in 1970 and falls under the United States Department of Labor.
It's main purpose is to ensure the healthy and safety of working men and women are ensured by the employers, corporations and the relevant authorities.
Rest of the options are offices and administration striations that can be found in a state wise level.
Answer: D. Since Hiro’s economic profit is negative, he would be better off if he didn’t operate the consulting business and taught economics instead.
Explanation:
Economic Cost is calculated by taking into account all costs, both Implicit and Explicit. Implicit Costs are also known as Opportunity costs and are referred to as the income you could be earning if you were doing the alternative.
Hiro's Economic Cost can hence be calculated by,
Economic Cost = Implicit costs + Explicit Costs
= (50,000 + 100) + 57,000
= <em>$107,000</em>
Subtracting that from his Revenue per year gives,
= 100,000 - 107,000
= -<em>$7,000</em>
Hiro is experiencing an Economic Loss by operating his business and would be better off Teaching Economics at the small local college.