Answer:
The full sentence is the following: Bank capital has both benefits and costs for the bank owners. Higher bank capital <em>reduces </em>the likelihood of bankruptcy, but higher bank capital <em>reduces </em>the return on equity for a given return on assets
Answer:
b. Business entity
Explanation:
The business entity concept asserts that the transactions of any form of a business ownership must be in separate records from those of its owners. A business should only record activities that relate to business transactions.
The sole proprietorship is the simplest type of business ownership. Its owner must keep a separate record for his or her expenses, and another one for the business. A mix up of transaction will make the accounting information loses its credibility and usability. In other words, the business report will not reflect the actual performance of the business.
<span>A market which is monopolistically competetive has an imperfect competition and characterized with many producers that sell products that are differentiated from one another. Because of this there are not perfect substitutes.</span><span>
So, the reason that the "fast-casual" restaurant market is monopolistically competitive rather than perfectly competitive is because </span>products are differentiated.