Answer:
The correct answer is letter "B": Cultural similarities.
Explanation:
Cultural similarities refer to customs and special terms that for one region or country are widely accepted but not for others. Those actions or phrases could be exactly the same but carry a different or even negative meaning in different places. This is not limited to actions and terms used in day-to-day activities but also under formal circumstances.
Answer: Not change the quantity demanded.
Explanation: In a market demand is said to be perfectly inelastic, if the demand for commodities is not affected by price changes.
Therefore since the demand for natural gas in perfectly inelastic, the demand will not change regardless of the change in price of the gas.
Answer:
The answer is most likely A. new producer of power tools has entered the market and is relying on low prices to attract consumers.
Explanation:
In an oligopoly, there is only a handful of companies operating in the industry and they all present similar types of goods and services (but they can differ too)
The goods and services are closedly priced in an oligopoly market. This means that the price between the goods offered by the companies in the market do not change much between the companies.
So a new manufacturerentering the market has to use a market penetration strategy and set the prices low.
Answer:
$150 million
Explanation:
there are 10 million shares outstanding and each share cost $30, so the total company's value = $30 x 10,000,000 = $300,000,000
if replacing the current management increases the value of the stocks by 50%, they would rise to $45 per stock and the company's value would increase to $450,000.
You need to borrow $150 million to buy 50% of the shares and by doing so, the company's value will increase to $450 million, which means a $150 million gain.
Answer:
4. Corroborate the information with other sources
Explanation:
The surest way to verify the reliability of information from a new or unknown source is to corroborate the information with other sources.
This simply means that, if you got an information (data) from a new source such as newspaper, website, television, books, radio or anywhere else, you should confirm the credibility and reliability of these information by verifying from one or more sources.
Hence, if the information gotten from a new source is in tandem or accordance with what you find elsewhere, then that information is accurate, reliable and credible.
