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Do imperfect markets have higher prices than perfect markets?
yes
Double auction markets with at least two sellers will generate prices that remain a little above prices from posted offer markets True False?
true
What are the functions of prices in a market economy?
Prices are a mechanism by which commodities are efficiently allocated in ideal conditions; prices send a signal about the value of a commodity.
Is it true that because corporations do not actually raise any funds in secondary markets they are less important to the economy than primary market?
This statement is false. Prices in secondary markets determine the prices that firms issuing securities receive in primary markets. In addition, secondary markets make securities more liquid and thus easier to sell in the primary markets. Therefore, secondary markets are, if anything, more important than primary markets.
What are some reasons why coordination of economic affairs through the price system may not work perfectly?
A. may be too few prices (that is, more markets than prices),B. prices may not contain sufficient informationC. prices may be "sticky."D. all of the aboveAnswer is D - All of the above
Do imperfect markets have higher prices than perfect markets?
yes
Do Lower Priced Fireplace Mantels Work Well?
Yes, lower prices fireplace mantels do indeed work as efficiently as higher priced fireplace materials. There is not a lot of difference.
What are the markets like in Baghdad?
they are open markets, and they are loud and really busy. there is no refrigerartion and you bargain for prices
Double auction markets with at least two sellers will generate prices that remain a little above prices from posted offer markets True False?
true
What are the functions of prices in a market economy?
Prices are a mechanism by which commodities are efficiently allocated in ideal conditions; prices send a signal about the value of a commodity.
What effects did the agricultural revolution have on farmers?
they were able to work more efficiently
When markets or governments make economic decision about how to most efficiently convert their resources into goods and service what basic economic question are they answering?
Markets or governments make economic decisions about how to most efficiently convert their resources into goods and services. The basic economic question that is being answer is how to produce.
How do you improve work performance?
work efficiently
Is it true that because corporations do not actually raise any funds in secondary markets they are less important to the economy than primary market?
This statement is false. Prices in secondary markets determine the prices that firms issuing securities receive in primary markets. In addition, secondary markets make securities more liquid and thus easier to sell in the primary markets. Therefore, secondary markets are, if anything, more important than primary markets.
What are some reasons why coordination of economic affairs through the price system may not work perfectly?
A. may be too few prices (that is, more markets than prices),B. prices may not contain sufficient informationC. prices may be "sticky."D. all of the aboveAnswer is D - All of the above
What type of work should a marketing manager be expected to do?
Marketing Managers are typically devise marketing strategies and create prices on products from the company they work at. They also search for potential markets and audiences to sell to.
Where can you find cardboard commodity prices?
OBM, Official Board Markets.
