Federal laws help promote fair competition by setting limits on what is acceptable to charge for something so that a price war also does not start. Federal laws allow necessities to be kept at prices that the average joe can afford. Also these laws allow for competing companies to still compete, but have pricing be more standard. If these laws were not in place, business demand would not be protected from unfair methods.
Answer:
Missing question "<em>If the interest rates increase by 50 basis points, What will be the percent change in price for the bond? Why?
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Modified Duration = Macaulay Duration / (1 + YTM)
Modified Duration = 7.2 / (1 + 10%)
Modified Duration = 7.2 / (1 + 10%)
Modified Duration = 6.55
% Change in Bond Price = - Modified Duration x Change in int rates
% Change in Bond Price = - 6.55 x 0.5%
% Change in Bond Price = - 3.27%
Thus, the Interest rates and bond prices are inversely related. Hence, increase in interest rates would lead to decline in bond prices.
Answer:
An oligopoly market structure is very usual in the context of Australian. Maximum service industry like banking, retail etc. follow the market structure of the oligopoly. The grocery retail sector in Australia is a core example of the duopoly, a narrowed version of oligopoly (Chung, 2015). Moreover, the banking sector of Australia is a proper example of an oligopoly. The main feature that the oligopoly market structure follows is, in this type of market few firm operate as a sole authority in a market (LaFrenz, 2014). In the case of monopoly, there is only one seller who rules the whole market and business as well. The monopolistic competition involves firm competing strongly among them in an industry. They do not allow any other organisation to enter the market. The Australian Post is a major example of monopoly market structure. Banking and Retail sectors are the key examples of monopoly market structure (Welch & Welch, 2009).
Apart from the banking industry, the retail industry in Australia faces very strong competition. The giant monopolistic retail companies named Coles and Woolworths have grabbed maximum market share in the industry. It is being very difficult for all other small and big organisation to sustain in the market. It is surveyed that, the banking industry of Australia is facing strong competition or oligopolistic war. Smith (2015), has informed that the existent incumbents in the banking industry are strictly prohibiting the other new entrants for the sector (Smith, 2015).
Explanation:
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Answer:
Leading
Explanation:
Leading is the management function that aims to motivate employees to achieve organisational goals. There are 3 basic components of leading: motivating, influencing, and forming effective groups.
By stating the achievements of the Google team in getting 10 million new users in their first two weeks, Larry Page is highlighting the effectiveness of the Google team and this will motivate them to achieve more.
The direct labor cost per unit is $
per unit.
Direct labor cost:
- Wages paid to employees directly related to producing goods or rendering customer services are referred to as direct labor costs. The overall direct labor cost exceeds wages paid by a significant amount.
- Any employee directly involved in a product's manufacturing is referred to as direct labor.
- The overall cost of creating a product or taking part in a project includes direct labor expenditures, which are a significant component. The amount of time that employees spend on various activities must be recorded in order to determine direct labor costs. The time they invested in a project is then compounded by their hourly rate.
When you obtain a bigger loan, your mortgage broker makes more money.
Cost of direct labor per unit calculation:
Direct labor cost per unit
= total direct labor cost / unit produced
= $
units (or) $
units
=$ 
per unit
Direct labor cost per unit = $ per unit
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