The scale of a timeline is generally unimportant.

The essence of the question is about competitive markets. This is wrong because the example above is not a competitive market because the entry of goods is not free. And also not all companies can enter this market freely, therefore this market cannot be said to be a competitive market. Because there are only one distributor and no other competitors.

Further Explanation

The competitive market refers to a market characterized by a high level of competition. There are a large number of potential buyers and sellers, all of whom are individually powerless to influence market prices.

Characteristics of Competitive Markets

• There are many independent sellers and buyers.
• Large market liquidity.
• The balance of demand and supply determines the market price, the price for the seller and the price for the buyer.
• Goods must be identical, so it does not allow producers to charge a higher price than the market price.
• There are no external interventions that can affect the performance of market mechanisms.

Types of markets the imperfect competition:

• Monopoly: A single seller dominates the entire market.
• Oligopoly: There are several sellers who have more than two and fewer than ten and act in the competition.
• Monopsony: Many sellers and one buyer.
• Oligopsoni: Many sellers and some buyers.
• Monopolistic: Many sellers with different products and have their own characteristics.

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Competitive Market brainly.com/question/933427

Imperfect Competitive Market brainly.com/question/933427

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Grade: High School

Subject: Business

Keywords: market, competitive, imperfect

The financial crisis in Greece is described as depression rather than recession is because the Greece’s economy had taken a severe and sustained economic downturn. Greece’s economy has been marked by a substantial and sustained shortfall of the ability to purchase goods relative to the amount that could be produced. Depression is a more severe form of recession. Recession lasts a few months, while depression lasts longer. 

Answer:

Imprest system

Explanation:

An imprest system is an accounting system where a fixed amount is reserved which needs to be replenished when required after a period of time. The source of the replenishment will be from another source for example from a bank account.

The imprest system only allows a replenishment of the amount that has been spent. For example of a petty cash account has $500 and $300 was spent that month, at the end of the month the $300 spent will be replaced.

Answer:

Market rate of return is 7.79%

Explanation:

The market rate of return on the stock can be computed using the market price of the stock , which is given below:

share market price =D1/(Expected market return-Dividend growth rate)

share market price is $28.16

D1 is the expected dividend next year which is given by $1.35

expected market return is the unknown

dividend growth rate is 3%

$28.16=$1.35/expected market return-3%

let y be the expected market return

$28.16=$1.35/y-3%

by cross multiplication the equation becomes

$28.16*(y-3%)=$1.35

y-3%=$1.35/$28.16

y=($1.35/$28.16)+3%

y=7.79%

Answer:

7.794%

Explanation:

We can use the Gordon growth model to determine the price of the stock:

current stock price = next year's dividend / (market rate of return - growth rate)

$28.16 = $1.35 / (market rate - 3%)

market rate - 3% = $1.35 / $28.16 = 4.794%

market rate = 4.794 + 3% = 7.794%

*the market rate of return is equal to the required rate of return (RRR)