Answer: products are standardized or homogeneous
Explanation:
Products are standardized or homogeneous for the perfectly competitive market as, in the case of the competitive industry there are no barriers in the industry to entry. The products are homogeneous in the nature and there is large numbers of the firms are perfectly substituted in the industry. So, the price elasticity of the demand for the firm product is infinite.
My answer would be C ''Foreign Exchange Rate''.
Answer: Common fate
Explanation:
The gestalt principle of common fate explains that objects moving in the same direction with a similar speed range, are observed as being part of one body.
Sascha's band director is making use of the gestalt principle of common fate to give the audience an illusion of waves of motion from the movement of the band members.
Answer:
$64
Explanation:
A firm has an annual dividend of $4
The required return is 16%
Therefore the value of the preferred stock can be calculated as follows
= 16/100 × 4
= 0.16 × 4
= 0.64 ×100
= $64
Hence the value of the preferred stock is $64
