0
1 What can be said about the market price when a good is in surplus?
Wiki User
∙ 9y ago
In a surplus, the market price will be lower. Since there are many options for consumers, they will want to pay the lowest price.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
When a bond is selling for more than its face value it's selling at a?
If a bond's price is greater than its Face Value, it is said to be "in premium" e.g. if the price is 105 with a FV of only 100. If the market price is below the Face Value, it is said to be "in discount" while should the market price equal the FV, the bond is said to be "at par".
What is meant by efficiency continuum?
The efficiency continuum refers to capital markets. Within a capital market, if something is reasonable and efficient to the market, it is said to be on the efficiency continuum.
Define breaking a buck in money market funds?
A money-market fund failing to repay investors in full is said to "break the buck" and is forced to shut down
The market system is said to be driven by?
c. self interest. just took the penn foster test, and that's the correct answer.
What is quantity demanded?
Quantity demanded (QS) is the amount of a product or service wanted by the market. QS is corresponded to quantity supplied (QS) that regards how much of the what is wanted is actually offered. When QD equals QS the market is said to be at equilibrium.
When a bond is selling for more than its face value it's selling at a?
If a bond's price is greater than its Face Value, it is said to be "in premium" e.g. if the price is 105 with a FV of only 100. If the market price is below the Face Value, it is said to be "in discount" while should the market price equal the FV, the bond is said to be "at par".
Why market equilibrium is said to be highly unstable one?
cause in real life market never remains at equilibrium, many factors affect market price and quantity
Demand is said to be elastic if?
buyers do not respond much to changes in the price of the good.
How is elasticity of supply related to elasticity of demand?
Elasticity of supply refers to the responsiveness of guantity supplied of a commodity to changes in its own price. And the formulafor measuring elasticity of supply percentagechange in quantity supplied/ %change in price
When is supply said be elastic?
Supply of a good is elastic when a small increase in price leads to a large increase in quantity supplied. A sociologist would explain this phenomena this way: This occurs because the good is easy to make - no complicated processes, small start-up capital, no need for skilled labour, rare-metals, anybody can do it! Thus, when the price increases by a little, many more new producers find that they can now produce the good (because now they are willing to accept the price on the market).
What does PA stand for on a menu?
I asked the waiter at Whitby Castle Restaurant, Rye, NY. He said that PA on a printed menu means Price Adjustment. I think this would mean the same as market price on a printed menu.
What is the current price of gold dust in the market?
As of the writing of this answer (3July 2013, 09:43 EDT) the price of gold is $1,250.00. This rate has gone down and up about a dollar in the time it has taken to type this answer, That being said, this price is for pure gold. Gold dust is not pure. The price then will be determined by purity and amount.
Hotel and restaurant sales and marketing?
First you have to creat a great marketing calendar for the said establishments. You may market the said establishment by media promotions, good service, internet.
How does one determine the market value of his or her home?
One determines the market value of a said home based on research of marketing houses in the surrounding area and price their home accordingly, including or excluding the value of various features of the researched home.
Who said what price vanity?
Aristotle said, "The price of anything is the amount of life you exchange for it."
What might cause the quantity demanded of a particular good to double if price remains constant?
Just a guess, but it could be that the price of said good is an undercut of other providers, then the masses will buy said good will have demand up-ing(I'm no economics guy, I'm just a kid, so dont say crap if I'm wrong
When a business has no competitors and controls the market for a product or service it is said to have an?
have a monopoly of the market
