Answer:
Genie will have better access to highly skilled human capital at a lower cost.
Explanation:
During times of economic downturn, the rate of unemployment rises due to reduced production by firms in the economy. When the economy slows down, consumption drops, leading to reduced demand for goods and services. A reduction in demand forces organizations to cut down production, and consequently laying off workers.
Service and manufacturing industries do not create employment opportunities during economic downturns. As a result, college graduates cannot find jobs, which increases unemployment. An increase in unemployment and a low supply of jobs leads to a reduction in wage rates. Genie software will, therefore, be able to find highly qualified employees at a lower cost during times of economic downturns.
Answer: The answer is a market structure in which a very few large sellers dominate the market.
Explanation:
Oligopoly : This is a market structure in which there are few producers of product with close substitute.There are two forms of oligopoly which includes, oligopoly who produce homogenous goods and differentiated goods respectively. Since,the number of competitors in oligopoly is small the reactions of each producers are more important. They tend to look at the actions of other producers before taken a vital decision.
Oligopoly is a types of imperfect market structure which has the following features
When products are homogeneous there is no special preference, but when the products is branded the consumers have a choice.
A single price reigns where goods are the same .The reverse is the case where goods are heterogeneous goods.
Price cut are for the same product,while price cut can also occur through advertising war fought by competitors in the market.7
Answer and Explanation:
The computation is shown below:
a. The value of P is $31,000 i.e. equivalent to the estimated value of the current market value
b. The value of n is 3 years
c, The value of S is $18,000 i.e. equivalent to the estimated value of the market
d. The AOC value is $21,000 per year i.e. equivalent to the M&O cost
Answer:
$4.50
Explanation:
In order to make a profit from the futures contracts, it would be appropriate to take a long position in the June futures contract(buy) and take a short position in the December futures contract.
The investor would borrow $60 today which would necessitate paying back $60 plus a half-year in interest payment.
loan repayment=$60*(1+5%/2)=$ 61.50
In December, sell crude oil at $66 and repay the loan principal and interest
profit=$66-$61.50=$4.50
