Answer:
Markets use prices as signals to allocate resources to their highest valued uses. ... Businesses also have dual roles—they supply goods and services and demand resources. The interaction of demand and supply in product and resource markets generates prices that serve to allocate items to their highest valued alternatives.
Explanation:
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Compounding is the process whereby interest is credited to an existing principal amount as well as to interest already paid. Compounding thus can be construed as interest on interest the effect of which is to magnify returns to interest over time, the so-called miracle of compounding.
The annual interest rate refers to the rate that is applied over a period of one year. Interest rates can be applied over different periods, such as monthly, quarterly, or bi-annually. However, in most cases, interest rates are annualized.
Monthly interest rate=2/12=0.1666%
So total deposit required=Amount/interest
=19/0.1666%
=19/0.00166
=11445
So option B is the correct statement
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Answer:
B. Clothing expenses
Answer:
To increase the opportunity for brokerage, contacts can be made with the people of the same profession in other companies via professional meetings.
Explanation:
A broker acts as a mediator between an investor and a securities exchange. He helps in the buying and selling of businesses. Brokerage is a commission charged by a broker.
To increase the opportunity for brokerage, contacts can be made with the people of the same profession in other companies via professional meetings.