The type of market is the one in which a person buys stock in type fast food company is Financial market.
What is Financial market?
Any location or system that gives buyers and sellers thew ability to trade financial assets such as bonds, shares, the various international currencies, and derivatives , is referred to as a financial market.
Why is financial market important?
- Markets provide finance for companies so they can hire, invest and grow.
- They provide money for the government to help it pay for new roads, schools and hospitals.
- They can help lower the costs you face buying food at the super market, taking out a mortgage or saving for your retirement.
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Answer:
To be paid eventually it can borrow until 20,000 dollars.
Explanation:
We will calculate the present value of a 100 dollars monthly payment discounted at 6% annual rate compounded monthly.
the monthly rate will be the annual rate divided by 12 months within a year:
6% / 12 = 0.5% = 0.005
A perpetuity will be a payment wich only cover the interest :
100 / 0.005 = 20,000
A basic concept in economics is that all resources are scarce.
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Explanation:</u></h3>
There are wants, needs and desires that are unlimited in nature with respect to humans. Resources are very essential for the survival of human beings. The distribution of these scare resources is studied by the Economics. Free goods refer to those goods that come without any cost associated with that.
The resources that are available naturally is scarce because there are only finite quantity available for the utilisation. Some of the examples of scarce resources include raw materials, workers, etc that are very essential for the production of the scarce goods.
