Aside from many sellers and many buyers, which one is a characteristic of perfect competition ?
A. Homogeneous product
B. Free market entry and exit
C. Perfect information and absence of all economic friction
D. All of the above
A. Homogeneous product
B. Free market entry and exit
C. Perfect information and absence of all economic friction
D. All of the above
A. Present worth factor
B. Interest rate
C. Time value of money
D. Yield
A. P 15,030.03
B. P 20,113.57
C. P 18,289.05
D. P 16,892.34
A. The partners are not liable for the liabilities of the partnership
B. The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities
C. The partners personal assets are attached to the debt of the partnership
D. The partners nay sell stock to generate additional capital
A. First cost + interest of first cost
B. Annual cost – interest of first cost
C. First cost + cost of perpetual maintenance
D. First cost + salvage value
A. Annual cost
B. Increment cost
C. Capitalized cost
D. Operating cost
A. Monopsony
B. Oligopoly
C. Oligopsony
D. Monopoly