Answer:
A. the iso-quant line is tangent to the iso-cost line.
Explanation:
Cost minimization refers to the decrease in level of cost of production for certain specified level of production.
Iso quant line represents the labor and capital combinations keeping the total cost same. The least combination represents the tangent to isoquant, basically representing the idle choice of labor and capital.
In this manner the company chooses the idle way of cost minimization.
If the central bank increases the amount of reserves banks are required to hold to 20%, then: both the money multiplier and supply of money in the economy will decrease.
<h3>What are the Functions of central bank?</h3>
The central bank oversees and manages the nation's foreign exchange while also serving as the technical advisor to the government on matters related to foreign currency policy. The central bank's role is to prevent volatility in foreign exchange rates and to promote stability. Implementing monetary policy and managing the money supply are the responsibilities of central banks, which are frequently tasked with preserving low inflation and steady GDP growth. To manage the cost of borrowing and lending across an economy, central banks have an impact on interest rates and take part in open market activities.
An organisation that controls a state's or formal monetary union's commercial banking system and regulates its currency and monetary policy is known as a central bank, reserve bank, or monetary authority. A central bank has the exclusive right to expand the monetary base, unlike a commercial bank.
Hence, If the central bank increases the amount of reserves banks are required to hold to 20%, then: both the money multiplier and supply of money in the economy will decrease.
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This business uses a Peer-to-peer technique
Explanation:
P2P is a shared application framework which separates the tasks or workload from each other (partitioning tasks or workloads). Participants in the program are equally qualified and fit. It is called a system of nodes peer to peer.
Peer services, for instance computing power, disk storage and bandwidth, are made available to other network users directly without the central control of the servers or secure hosts. Peers, in comparison to the conventional customer service model where resource utilization and distribution are separated, are both the providers and consumers of services.
Antitrust laws are implemented by both federal and state governments to promote B. Competition among firms.
- Without these Antitrust laws implemented by governments, some companies will stifle competition and tend towards monopolies.
- Antitrust laws check collusion among market players who may engage in price fixing and other anti-competition practices against consumers.
- Particularly, these Antitrust laws frown on the formation of cartels and the concentration of economic power in fewer hands.
Thus, Antitrust laws are not implemented to promote price fixing, monopolies, or bid rigging but to promote competition.
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Answer:
a bank
Explanation:
that is where you open a savings account
