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Author Question: The present value of a sum of money to be received in future is high if ________. A) the money is ... (Read 103 times)

madam-professor

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on: Jun 29, 2018
The present value of a sum of money to be received in future is high if ________.
 
  A) the money is invested for a long period of time
  B) the market rate of interest is low
  C) the rate of inflation is high
  D) the future payment is low

Question 2

Which of the following is a difference between a perfectly competitive market and a monopoly?
 
  A) There are huge barriers to entry in a perfectly competitive market, while there are no barriers to entry in a monopoly.
  B) The sellers in a perfectly competitive market are price makers, while a seller in a monopoly market is a price taker.
  C) The equilibrium price in a perfectly competitive market exceeds marginal revenue, while the equilibrium price in a monopoly equals marginal revenue.
  D) The market demand curve faced by a perfectly competitive firm is horizontal, while the market demand curve in a monopoly is downward-sloping.


maaaaaaaaaa

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


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