If a perfectly competitive firm is a price taker, then Group of answer choices it can increase or decrease its output without affecting overall quantity supplied in the market. quality differences will be very perceptible and will play a major role in purchasers' decisions. pressure from competing firms will force acceptance of the prevailing market price. it must be a relatively small player compared to its competitors in the overall market.

You are bearish on telecom and decide to sell short 100 shares at the current market price of $50 per share. a. how much in cash or securities must you put into your brokerage account if the broker’s initial margin requirement is 50% of the value of the short position? b. how high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position? (input the amount as a positive value. round your answer to 2 decimal places.)