Answer:
Advertisement doesn't exist in perfect competition markets. Perfect competition markets are theoretical only, since they do not exist in reality although some markets resemble or are similar, e.g. commodities. One of the characteristics of perfect competition markets is that every participant possesses perfect information regarding the products' characteristics and price. If everyone knows a product perfectly, then there is no reason why you should advertise it.
Explanation:
The <em>federal reserve</em> use <u>open-market operations</u> tool to control monetary policy through<em> bank borrowing.</em>
<h3>What are open-market operations?</h3>
Open market operations tend to imply the process in which the Fed buys and sells securities of the government in the <u>financial market</u> or to <u>commercial banks. </u>
Therefore, the money supply stabilizes when Fed <em>sells securities</em> that <u>decrease</u> the borrowing capacity of the banks. Similarly, when Fed <em>purchases securities</em>, the banks' borrowing capacity increases which increase the <em>money supply. </em>
Learn more about Federal reserves here:
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Answer:
The false statement is letter "C": Stratification of the population into several homogeneous sub-populations generally reduces audit efficiency.
Explanation:
Stratification is the method of grouping a population into subpopulations, with each group of units having similar characteristics. The efficiency of audits can be increased if the auditor stratifies a population by grouping it into different sub-populations since the variability of items will be reduced.