<span>Perfect competition, a market structure, where there are many sellers selling similar goods to the buyers. But monopolistic competition, is a market structure, where there are numerous sellers, selling close substitute goods to the buyers. Also the price in perfect competition, is determined by demand and supply forces, for the whole industry, comparing with monopolisti competition that every firm offer products to customers at its own price.</span>
Answer:
4) the price of the good changes.
Explanation:
A movement along the supply curve means that the supply relationship remains consistent. Therefore, a movement along the supply curve will occur when the price of the good changes and the quantity supplied changes in accordance to the original supply relationship. In other words, a movement occurs when a change in quantity supplied is caused only by a change in price, and vice versa.
In macroeconomics, excludability means that sellers can restrict people who do not pay for the product from obtaining its benefits.
Such as, if you want to see a concert at a venue, but you did not purchase tickets if the concert is held inside you are not able to go in and watch the show. You must pay for the good or service you are wanting in order to have access to it.
Answer:
135,436 bonds
Explanation:
Calculation for the minimum number of bonds it must sell to raise the money it needs
First step is to calculate the Bond price
Bond price = $1,000 / [1 + (.0775 / 2)](20 × 2)
Bond price = $218.554
Second step is to calculate the Number of bonds
Number of bonds = $29,600,000 / $218.544
Number of bonds= 135,436 bonds
Therefore the minimum number of bonds it must sell to raise the money it needs will be 135,436 bonds
