Answer:
b) False
Explanation:
The supply curve is upward sloping which shows the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.
I hope my answer helps you
Answer: The market for homes will be higher when there is increase in the amount of homes being built. In addition, the location of a house determines the cost of the house. For instance, a house located in an urban environment will cost more than the one located in a rural area. Irrespective of having the same components or features, the price will always vary.
Explanation:
Fort Myers is a commercial centre of Lee County, Florida. It is a major tourist destination in Florida. It is a metro city with job markets and a nice quality of live. Between 1994 and 2006, the prices of Fort Myers homes increased more than the rate of inflation. This is due to the quality of life and location of Fort Myers. An increase in the number of houses built increaseD the market for homes. This raised the price of houses higher than the inflation rate.
Dan, an accountant for Eureka! Inc. learns of undisclosed company plans to market a new laptop. Dan buys 1,000 shares of the firm’s stock. He reveals the company plans to Fay, who tells Greg. Both Fay and Greg buy 100 shares. Greg knows that Fay got her information from Dan. When Eureka! publicly announces its new laptop, Dan, Fay, and Greg sell their stock for a profit.
Refer to Fact Pattern 42-3. Under the Securities Exchange Act of 1934, Geoff is most likely?
a.
?not liable because Geoff is only a tippee, not a tipper.
b.
?not liable because Geoff is too far down the chain of disclosure.
c.
?liable for insider trading.
d.
?not liable because Geoff traded on the basis of a material fact.
<span>In the long run, profits will equal zero in a competitive market because of free entry and exit.
Because there is free entry in a market, the competition can come and go as they please. This stops the ability for a company to have a monopoly because any company can come and sell the product. Companies are also able to leave a market but they may leave behind their goods without profit.
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