Read the following carefully taking note of the key issues before you attempt the questions. The law of demand is a fundamental concept of market economies. Rational consumers will always buy more of a good they want when the price falls, and less when the price rises. The opposite holds true for the law of supply wherein more is supplied as the price goes up and vice versa. Consequently, a market is in equilibrium when the price and quantity are at a level at which supply equals demand. The quantity that consumers demand is exactly equal to the quantity that producers supply. Total welfare in society is maximized. The demand and supply of masks in Lovingdale is as follows:

At a price of $20, forty three thousand seven hundred and fifty units are demanded but three thousand units are supplied. When the price goes up to $60, thirty one thousand two hundred and fifty units are demanded whilst thirty one thousand two hundred and fifty units are supplied. At a price of $100, eighteen thousand seven and fifty units are demanded and fifty nine thousand five hundred units are supplied. Finally, at a price of $140, six thousand two hundred and fifty units are demanded whilst eighty seven thousand seven hundred and fifty units are supplied. The linear equations for the demand and supply of masks in Lovingdale are given as follows: Qd =50 000-312. 5P and Qs = -11125+706. 25P. Question 1 a) Briefly explain the three reasons behind the law of demand as evidenced by the behaviour of consumers in Lovingdale. [5 marks]

The role of voluntary exchange in the transaction is that its facilitate freely trading of goods or services

The role of economic utility in the transaction is that the consumer's satisfaction from using a product will drive further sales.

Basically, a market economy refers to an economy based on capitalism, that is, an economy whereby the goods and services are freely exchanged on an open market. The value of the outputs is mostly determined solely by market interaction between producers and consumers by a concept known as voluntary exchange. That leads us to the fact that the key principles of a market economy is the principle of voluntary exchange.

In economics, the Voluntary Exchange Principle is based on the  consumers and producers acting in their self-interest, that is, the voluntary exchange between a consumer and a producer makes both parties better off than they were before the exchange.

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Market resources would a producer buy the equipment and technology needed to manufacture bicycles.

What other names are given to the market system?

A market economy, usually referred to as a free market or free enterprise economy, is a system in which supply and demand governs economic decisions, including those pertaining to things like the prices of goods and services.

What is management of market resources?

The term "marketing resource management" (MRM) refers to a method of marketing administration that concentrates on the full pool of resources available to the marketing team, including personnel and financial resources. Management of production procedures, external vendors, and even digital asset management are all included.

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Tea and coffee are substitutes since they are both beverages that satisfy similar consumer needs.

Tea is an alternative to coffee, thus if the price of tea drops, people might drink more tea and less coffee. The quantities needed at each price will change as a result of a change in any one of the factors that are kept constant while creating a demand schedule.

Coffee and tea are interchangeable products. At least two products that the same consumers might use for the same purpose are considered replacement goods or substitutes. In the eyes of the consumer, substitute items are the same as, very similar to, or equivalent to another product.

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Working with the accounts department, I will gain learning experience in the areas of cost allocation and apportionment, cost volume and profit analysis, pricing of hospital services, and budget preparation.

In the method of cost allocation and apportionment, costs are allocated to specific cost centers or cost objects based on predetermined allocation bases such as labor hours or square footage. This helps determine the true cost of producing goods or services. Cost volume and profit analysis involves analyzing the relationship between sales volume, costs, and profits to make informed decisions on pricing, production levels, and break-even points.

Pricing of hospital services involves determining the appropriate pricing strategy for healthcare services, considering factors such as cost recovery, market competition, and patient affordability. Budget preparation entails creating a detailed plan for allocating financial resources based on anticipated revenues and expenses, enabling effective financial management and control within the organization.

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Answer:

C is S1.

Explanation:

Answer:

c. cash equivalent

Explanation:

highly liquid means can be made into cash quickly

Cash equivalent examples are money market funds Treasury bills. Treasury notes. Commercial paper.

in 2008 a problem with money market funds signaled a banking crisis. banks were giving mortgages to people with bad credit histories. on top of that those mortgages were insured so if someone couldn't pay the mortgage the insurers would pay. but at that time there were too many people who couldn't pay mortgages

a. stock is a share of ownership in a company. can't make it into cash unless you sell it.

d. mutual fund : basically a stock of stocks. company gathers money to buy a bunch of different stocks. whole thing is called a portfolio. company sells stocks of that portfolio. those stocks are mutual funds.

b. a bond is basically a loan. bond lasts for a period of time. can't sell it until that period is over. otherwise there is a penalty.

.

hedge funds : the words hedge in hedge means to reduce risk. they make it for people with more money. it combines risky, non risky, long term, & short term investments to hedge or reduce risk.

At the end of the fiscal year, a corporation must make a disclosure of its financial situation. These documents help stakeholders to make informed choices.

By demonstrating its financial results at the end of the fiscal year, a corporation is able to create greater value for its stakeholders, such as its shareholders and customers, ensuring greater transparency about processes.

Financial disclosures also assist in compliance with legal compliance and help to gain more accurate knowledge of the company's real situation in terms of its finances, allowing for more effective decision-making.

Therefore, financial disclosures are capable of creating value for the company, attracting greater investment and business organization.

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As the owner of a custom PC retail store, if a small business client asks you to build three workstations for her organization, there are several steps you can take to meet her requirements and ensure customer satisfaction.

1. **Assess the client's needs**: Have a detailed discussion with the client to understand their specific requirements. Determine the intended use of the workstations, such as graphic design, data analysis, or general office work. Consider factors like processing power, memory, storage, and graphics capabilities based on their work requirements.

2. **Recommend suitable configurations**: Based on the client's needs and budget, provide recommendations for suitable workstation configurations. Consider components such as processors, RAM, storage drives, graphics cards, and other peripherals that align with their requirements.

3. **Customize and assemble the workstations**: Once the client approves the recommended configurations, customize and assemble the workstations accordingly. Install the operating system, necessary software, and drivers to ensure smooth functionality.

4. **Perform thorough testing**: Before delivering the workstations, conduct comprehensive testing to ensure all components are working properly and meet the client's expectations. This includes running diagnostics, stress tests, and verifying the performance of individual hardware components.

5. **Provide after-sales support**: Offer post-purchase support to address any issues or concerns that may arise after the workstations are delivered. Provide warranty information, troubleshooting assistance, and guidance for future upgrades or maintenance.

By following these steps, you can fulfill the client's request and provide them with tailored workstations that meet their organization's needs, thereby ensuring customer satisfaction and building a positive reputation for your custom PC retail store.

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Due to massive increases in agriculture and production area over the last two decades, per capita vegetable consumption has increased to 105 kg from 60 kg. Nepal has reported 3,243,521 vegetable holdings. Vegetable crops are grown on a total of 232,295 hectares of cultivable land.

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Commodity manager acquires knowledge in a specific market in which the organization purchases significant quantities of materials and services.

Commodity managers keep an eye on the state of the market and buy when the going is good. They continually look for new chances for innovation and analyse trends to spot and address potential supply chain issues.

Commodity managers, who are also known as procurement managers, are in charge of overseeing the acquisition of goods to support the supply chain of a business. They are primarily responsible for supervising department employees and sourcing supplies from vendors while also monitoring market conditions to reduce risks.

A basic good that is interchangeable with other items of the same type in commerce is referred to as a commodity. Grain, gold, beef, oil, and natural gas are classic examples of commodities. Commodities can help investors diversify their portfolios in ways other than traditional securities.

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Answer:

Option C: Buying a franchise

Explanation:

Franchise is simply defined as a business that sells or distribute a product or service that has beingdeveloped by a franchisor. It is usually in the way or manner that the franchisor listed.

The product, method of distribution, and, sales and management are governed or controlled by the franchisor of the business.

The process of purchasing that is buying of a Franchise is by looking into franchising company, contact, application, franchise contact and review, franchise agreement, negotiation terms, agreement signed and others.

Answer:

Explanation:

i got the proof if you would like.

Answer:

Is this reading then answering questions or....

Explanation:

I dont get the question sry but I'll try to help

The most important consequence of the unethical use of technology for accountants is the threat to the reliability of accounting systems (option A).

Accounting systems are described as the controls, procedures, and processes in accounting. The main purpose of accounting systems is to make a summary and record the different business transactions in a way that will allow the creation of reports, and enhance operations.

If the accountants are unethically using technology, then it will directly impact the accounting processes, and transaction records of businesses, and the financial report will produce erroneous results and will highly degrade the decision-making process.

It can be concluded that the most important consequence of the unethical use of technology for accountants is the threat to the reliability of accounting systems (option A).

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Answer: The loss of trust in the accounting profession

Explanation: believed the other person aaaannnnnddddd got it wrong

The example of Nissan to have flexibility in its accomodation of unexpected surges in demand and supply is an example manufacturing flow management, which means option A is correct.

Manufacturing flow management is the process of managing all the activities, projects, services such that they are in accordance with the customer's requirement and it ensures procurement, implementation, and management of manufacturing flexibility in the supply chain. It keeps a track on the product flow, financial flow, information flow, value flow & risk flow between the industries and the customers such that all the services along with return services are performed and checked on regular basis. Thus all the necessary activities from production to the final delivery are checked in the manufacturing flow management.

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It is important for Lilly to consult with a legal professional to assess the specific circumstances and determine the most appropriate course of action. Legal advice tailored to the jurisdiction and applicable laws should be sought.

1. Lilly's Challenge to Dividend Denial and Bonus Payment:

Lilly may have grounds to challenge the other directors' decision to deny dividends for several years and then pay themselves bonuses. The key considerations are as follows:

a) Breach of Fiduciary Duty: Directors owe a fiduciary duty to act in the best interests of the company. By consistently rejecting dividends despite profitable operations, the directors may be breaching this duty if their decision is not justifiable and reasonable. The decision to pay themselves bonuses without Lilly's approval further strengthens her case.

b) Unfair Prejudice: Lilly may argue that the denial of dividends and payment of bonuses unfairly prejudice her interests as an equal shareholder and director. This argument can be supported by the fact that dividends have been consistently denied for several years, and the bonuses were paid without her knowledge or consent.

c) Oppression of Minority Shareholder: If the other directors' actions substantially interfere with Lilly's rights as a shareholder and director, it could constitute oppression of a minority shareholder. Denying dividends and paying bonuses in a manner that excludes Lilly's interests may be viewed as oppressive.

Lilly can potentially bring legal action seeking remedies such as an injunction to stop the bonuses, an order for dividends to be paid, or a buyout of her shares at a fair value.

2. Travel Agency in Voluntary Administration:

If the travel agency owing $200,000 to Fantastic Holidayz is placed into voluntary administration, the process and potential outcomes can be summarized as follows:

a) Voluntary Administration: Voluntary administration is a process where an external administrator (usually a registered liquidator) takes control of the insolvent company to maximize returns for creditors. The administrator assesses the company's financial position and explores options, such as restructuring or selling the business.

b) Outcomes and Implications: During voluntary administration, the administrator may propose a Deed of Company Arrangement (DOCA) to the creditors. If approved, it could allow the travel agency to continue operating and repay the debt over an agreed period. Alternatively, if the company's financial situation is deemed irreparable, the administrator may recommend liquidation.

For Fantastic Holidayz, the outcome depends on the recovery of the debt. If the travel agency is unable to repay the owed amount, Fantastic Holidayz may have to write off the debt as a loss, potentially impacting their financial position. The impact could be significant if the debt is material to the company's operations.

3. Terry's Breach of Director's Duties:

Terry, as the Chief Financial Officer and a director of Fantastic Holidayz, may have breached his statutory duties. The key considerations are as follows:

a) Duty of Care and Diligence: Directors must exercise reasonable care, skill, and diligence in fulfilling their roles. Terry's approval of additional credit without the knowledge of other directors could be seen as a failure to exercise due care and diligence. The consequences of a breach may include personal liability for any loss suffered by the company.

b) Duty to Act in Good Faith and for Proper Purpose: Directors must act in good faith and in the best interests of the company. By approving additional credit for a customer with an outstanding overdue account, despite potential insolvency concerns, Terry may have breached this duty.

c) Consequences and Action for Compensation: If Terry is found to have breached his statutory duties, consequences may include personal liability for any loss suffered by the company due to his actions. Lilly, as a shareholder, may have standing to bring a derivative action on behalf of the company to seek compensation from Terry for any losses incurred.

d) Defenses: Terry may raise defenses such as relying on professional advice, acting in good faith, or having the belief that his actions were in the company's best interests. However, these defenses may not absolve him entirely from liability if his actions are found to be unreasonable or against the company's interests.

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the calculations with the given values will yield the exact amount of principal reduction recorded when the second lease payment is made in Year 2.

To calculate the amount of principal reduction recorded when the second lease payment is made at the beginning of Year 2, we need to determine the portion of the lease payment that goes towards the principal.

Given:

Annual lease payment: $172,076

Lease term: 4 years

Incremental borrowing rate: 10%

Implicit lease rate: 8%

First, we need to calculate the present value of the lease payments using the implicit lease rate:

PV = Lease Payment * (1 - (1 + r)^(-n)) / r

Where:

PV = Present value of lease payments

Lease Payment = Annual lease payment

r = Implicit lease rate

n = Lease term

PV = $172,076 * (1 - (1 + 0.08)^(-4)) / 0.08

PV = $605,046.76

Next, we need to calculate the interest portion of the second lease payment in Year 2:

Interest Expense = Beginning Lease Liability * Implicit Lease Rate

To find the beginning lease liability, we subtract the principal reduction from the initial lease liability:

Beginning Lease Liability = Present Value of Lease Payments - Principal Reduction in Year 1

Principal Reduction in Year 1 = Lease Payment - Interest Expense in Year 1

Principal Reduction in Year 1 = $172,076 - ($605,046.76 * 0.08)

Now we can calculate the interest expense in Year 2:

Interest Expense in Year 2 = Beginning Lease Liability * Implicit Lease Rate

Finally, the amount of principal reduction recorded when the second lease payment is made at the beginning of Year 2 is:

Principal Reduction in Year 2 = Lease Payment - Interest Expense in Year 2

Performing the calculations with the given values will yield the exact amount of principal reduction recorded when the second lease payment is made in Year 2.

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Answer:

A) brand endorsement

Explanation:

"Endorsements are a form of advertising that uses famous personalities or celebrities who command a high degree of recognition, trust, respect or awareness amongst the people. Such people advertise for a product lending their names or images to promote a product or service."

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The difficulties women face in navigating the labyrinth primarily stem from a combination of A) male dominance behaviors and B) the incongruity in gender roles and the leadership role.

Male dominance behaviors, such as sexism, discrimination, bias, and exclusionary practices, create barriers for women in advancing their careers and accessing leadership positions. Additionally, the incongruity in gender roles and the traditional association of leadership with masculine qualities create stereotypes and biases that hinder women's progress.

These societal expectations and biases can result in limited opportunities, unequal treatment, and systemic barriers that make it challenging for women to succeed in their careers, especially in upper leadership roles. While factors such as education and experience can play a role, it is the systemic and cultural factors related to gender inequality that primarily contribute to the difficulties faced by women in navigating the labyrinth.

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Economic security and stability are most important economic goals in a traditional economy.

What is traditional economy?

A traditional economy is one that is built on customs, history, and ingrained values. Tradition has an impact on economic decisions like manufacturing and distribution.

Traditional economies often revolve around families or tribes, exist in hunter-gatherer and nomadic societies, produce only what is necessary, rely on a barter system, and evolve as people begin farming and settling. Traditional economies predominate mostly in emerging markets and developing countries. They are typically found in Asia, Africa, and Latin America. Traditional economies are also present in remote areas of growing nations all over the world.

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The present value of the series of uneven cash flows and the annuity-due with increasing and level payments can be calculated by discounting each cash flow back to the present using the respective effective rates of interest.

(a) To calculate the present value of the series of uneven cash flows, we need to discount each cash flow back to the present using the given annual effective rate of interest of 2%. The first cash flow of $100 at the end of the 1st year does not need to be discounted since it is already at the present time. The subsequent cash flows of $200, $400, $600, and so on, occur every 2 years. We can treat these cash flows as a series of regular cash flows of $200 at the end of every 2 years. We can use the present value of an ordinary annuity formula to calculate the present value of these cash flows:

Present Value = \($100 + $200/(1 + r)^2 + $200/(1 + r)^4 + $200/(1 + r)^6 + ... + $200/(1 + r)^30\)

where r is the annual effective rate of interest (2% in this case). By substituting the values and calculating the sum, we can find the present value of this series of cash flows.

(b) For the annuity-due with increasing payments followed by level payments, we need to calculate the present value of each payment and then sum them up to find the total present value. The first payment is $100 and subsequent payments increase by 7% over the previous one until the 10th payment. After the 10th payment, subsequent payments remain constant at the amount of the 10th payment. We can use the present value of an annuity-due formula to calculate the present value of these cash flows:

Present Value = \($100/(1 + r) + ($100 * (1 + g))/(1 + r)^2 + ($100 * (1 + g)^2)/(1 + r)^3 + ... + ($100 * (1 + g)^10)/(1 + r)^11 + ($100 * (1 + g)^10)/(1 + r)^12 + ... + ($100 * (1 + g)^10)/(1 + r)^30\)

where r is the effective rate of interest (7% per payment period) and g is the growth rate of subsequent payments (7% in this case). By substituting the values and calculating the sum, we can find the present value of this annuity-due with 20 payments.

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Answer:

it depends on the measures taken to ensure that economy is stable.

Answer:

1. it is difficult to say since contractionary periods have varying lengths in different business cycles.

2. shock

3. high unemployment

4. two

5. expansion stage of the business cycle

Explanation:

just took it

E) All of these are reasons why managing data is difficult over time.

Managing data becomes challenging over time due to various factors. New systems are developed, which may require different data formats and structures, making it necessary to adapt and migrate existing data. The media on which data are stored can become problematic, leading to issues such as data corruption or obsolescence of storage devices.

New sources of data constantly emerge, such as social media or IoT devices, which require integration and management. Additionally, the amount of data generated continues to grow exponentially, making it harder to organize, store, and process effectively.

Therefore, all the options mentioned in the question contribute to the difficulty of managing data over time, making E the correct answer.

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A. Currency: Currency is included in the monetary aggregates M1 and M2.

b. Money market mutual funds (non-institutional): Money market mutual funds (non-institutional) are included in the monetary aggregate M2.

C. US Treasury Bills (with a maturity of less than 90 days): US Treasury Bills (with a maturity of less than 90 days) are included in both M1 and M2 monetary aggregates.

d. Time deposits in small nominal value: Time deposits in small nominal value are included in the monetary aggregate M2.

E. Large-cap mutual funds: Large-cap mutual funds are not included in the monetary aggregates M1 or M2.

F. Checkable deposits: Checkable deposits are included in the monetary aggregate M1.

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A free good can become an economic good when its supply becomes limited or when there is an increase in demand for it.

A free good is a good that is available in abundance and can be obtained without any cost, such as air or sunlight. Since there is no cost associated with obtaining such goods, they do not have any market value and are not considered economic goods.

However, if the supply of a free good becomes limited or if there is an increase in demand for it, it can become an economic good. This is because people are willing to pay for a good that was once freely available but is now scarce or in demand.

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A free good can become an economic good if its availability declines, demand increases, or a mix of the two, causing the good to become scarce and thus increase in value, resulting in the acquisition of a price or cost.

Economic goods are goods that are made to meet the wants of the people. It has a certain price or cost, which is deducted to maintain consumption.

A free good is one that is not scarce and is accessible indefinitely. A free commodity has no opportunity cost to society and does not require scarce resources to be produced, so it has a zero marginal cost. A good that is made available at no cost, on the other hand, is not inherently a free good.

When the desire for a free good exceeds the supply, it becomes scarce and thus an economic good. For example, while air is a free good, it can become an economic good if it becomes polluted and limited.

Another example is water. Water is commonly thought to be a free good, but when it is processed, purified, piped, or dispersed in bottles, it consumes as a scarce resources and becomes an economic good.

When scarce resources are used to make a good, the producer incurs a cost known as the marginal cost; if the marginal cost is greater than zero, the good is an economic good.

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The demand and supply graph as well as the demand-supply equilibrium is depicted in the attached graph. Note that this is developed from the demand and supply schedule. The graph and the schedule are attached accordingly.

A market demand schedule is a tally of the quantity of an item that all customers in a market would buy at a particular price in economics. The matching value on the demand schedule for every given price is the total of all consumers' quantities desired at that price.

An equilibrium price is a result of balancing demand and supply. Prices have a tendency to revert to this equilibrium until certain aspects of demand or supply alter. When either demand or supply, or both, shifts or moves, the equilibrium price changes.

Thus, the price point and quantity at which effective demand and supply are equal is called the demand-supply equilibrium.

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Surface features can evolve over time due to a variety of factors such as weather patterns, erosion, and human activity.

Weather refers to the state of the atmosphere at a particular place and time, including temperature, humidity, wind, precipitation, and atmospheric pressure. It is influenced by various factors, including air masses, ocean currents, and topography, and can change rapidly due to short-term weather phenomena such as thunderstorms and tornadoes.

However, forecasters can make assumptions about the stability of these features based on their observations and understanding of the environment. For example, if a forecaster observes a rock formation that has remained unchanged for decades, they may assume that it is stable and unlikely to change significantly in the near future. Similarly, if a forecaster sees a river that has been flowing consistently in the same direction for years, they may assume that it will continue to do so unless there is a significant change in the surrounding terrain or weather patterns. However, it's important to note that these assumptions are not foolproof and forecasters must remain vigilant and update their predictions if they observe any significant changes in surface features.

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A business opportunity that involves higher start-up costs is Foreign Direct Investment.

This refers to when a foreign company or entity, buys into a local company and becomes the controlling interest. It means that they have to be hands-on in managing the company.

Foreign Direct Investment leads to high start-up costs because the foreign business would have to spend a lot on labor, equipment, and other expenses to get the business running.

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Answer:

c. provide full disclosure of information and prevent insider trading and other fraudulent practices.

Explanation:

The Security Act of 1933 was a step initiated towards the regulation of the stock market. The power was shifted from the hands of State legislation and granted to the federal government to regulate the stock market. It was also designed in a way that it provided the set of rules that helped in preventing any act of fraudulent. President Franklin D. Roosevelt signed and passed the act.

Answer:

Explanation:

NOTE: In order to solve this question efficiently, there is need to watch the videos attached to this question. Kindly check video link in the comment section of this question since it can not be attached here. If the link can not be added in the comment section, check the Channel(TED), the title is AM I NOT HUMAN? A CALL FOR CRIMINAL JUSTICE REFORM.

So, from the video one can see that the presenter in the TED talk made use of Pathos more than he does for logos.

The argument/point in this presentation that I find the most compelling is when he argued that people that have bad past also deserves an empathy and not only people with no criminal record as we are all human and we can do better. The past is in the past and the present is the present.

Answer:

A primary

Explanation:

The operations of the capital markets are categorized into primary and secondary markets. The primary market is where enterprises sell new bonds and equity to the public for the first time.  A good example is the initial public offering (IPO). An IPO is a process of issuing out new shares of a corporation to the public for the first time.

The primary market is for new shares, bonds, and other money market securities issued for sale for the first time.