Which of the following is a basic factor that determines the boundaries within which market prices should be set?
A) market access
B) competition
C) service
D) export duties
B
Business
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If a cost complement is 0.8, that means _____
a. the firm has a gross margin of 80 percent b. 80 cents of each retail sales dollar covers the merchandise cost c. stock shortages are 20 percent of sales d. the firm is profitable
Business
The Fisher equation states that
A) the nominal interest rate equals the real interest rate plus the expected rate of inflation. B) the real interest rate equals the nominal interest rate less the expected rate of inflation. C) the nominal interest rate equals the real interest rate less the expected rate of inflation. D) both A and B of the above are true. E) both A and C of the above are true.
Business