Answer:
True
Explanation:
In a perfectly competitive market, all producers sell identical goods or services. Additionally, there are many buyers and sellers. Because of these two characteristics, both buyers and sellers in perfectly competitive markets are price takers. Market price is set by the forces of demand and supply.
If the seller attempts to set his own price and sets it above the market price, the seller would lose all its customers and make zero sales.
If the seller attempts to set his own price and sets it below the market price, the seller would make losses .
I hope my answer helps you.
Answer:
The solution and the calculation is shown on the first , second , third and fourth uploaded image
Explanation:
Answer:
c. bank's balance sheet shrinks but the size of the Fed's balance sheet is not affected
Explanation:
In the case when an individual withdraws the amount from the checking account so the balance sheet of the bank should shrink but overall the size of the balance sheet of fed is not impacted
So according to the given situation, the option c is correct
Hence, the same should be considered
One of the disadvantages of issuing stock is the fact that it dilutes the earnings for shareholders.
The more shares there are, the less earnings.