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vitfil [10]
2 years ago
6

Allowing bank branching across state lines gives banks greater ability to coordinate bank operations. this makes it easier for t

hem to receive the benefits of:_________
Business
1 answer:
Aleksandr-060686 [28]2 years ago
8 0

Allowing bank branching across state lines gives banks greater ability to coordinate bank operations. This makes it easier for them to receive the benefits of <u>economies of scale</u>.

Banking operations are financial institution-specific monetary sports listed in the Banking regulation which involve the provision of sure economic offerings to their recipients (customers of a financial institution or 0.33 parties) against fee and under an agreement concluded with the customer.

The banking industry is rewarding and plays an essential position in our economy. It gives tough roles and possibilities to develop abilities and information. The dynamic nature of the industry and its relevance within the economic situation is why I want to pursue a profession in the banking zone.

Banking fundamentals refer to the principles and principles relating to the exercise of banking. Banking is an enterprise that offers credit score centers, storage for cash, investments, and different monetary transactions.

Learn  more about the bank  here brainly.com/question/4577522

#SPJ4

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A company believes that its product will exhibit network effects if enough consumers begin to use it. How might this company dec
frozen [14]

Answer:

A. Offer the product for free early on, and increase the price later.

Explanation:

Network effect occurs when the value of a product or service increases as more people use it.

For a company that believes its product will exhibit network effects and wants to get as many customers as possible to use the product,<u> it is best to offer the product for free to create a buzz around the product.</u>

This increases the chances of the people becoming aware of the product.

With time, <u>the company can increase the price of the product as people will be willing to pay for it because they consider it to be valuable.</u>

5 0
3 years ago
Important guidelines for the use of statistics in a speech?
Katyanochek1 [597]
Use reputable, authoritative, unbiased sources for your statistics
4 0
3 years ago
The driver of any vehicle about to enter a freeway or highway must yield the __________ to all traffic.
Alla [95]

Right of way is the correct answer

8 0
3 years ago
Chang Lee is going to receive $20,000 six years from now. Soo Lee is going to receive $20,000 nine years from now. Which one of
Allisa [31]

Answer:

C) In today's dollars, Chang Lee's money is worth more than Soo Lee's

Explanation:

The present value of receipts 6 year hence of amount $20,000 discounted at 7% rate would be: Discounting factor of 1 $ for 6 years at 7 % i.e expressed as:

\frac{20000}{(1\ +\ .07)^{6} }

= 20,000 × 0.6663

= $ 13,327 approx

The present value of $20,000 receipts 9 years hence discounted at 7% rate is given by:

\frac{20000}{(1\ +\ .07)^{9} }

= 20,000 × 0.5439

= 10,879 approx.

As is evident from above, Chang Lee's present value of receipts is more than those of Soo Lee's.

6 0
3 years ago
Jamison Paints makes and sells paint to home improvement stores. Jamison's only plant can produce up to 12 million cans of paint
Olin [163]

Answer:

Jamison's current total cost of making and selling 10 million cans of paint is $75,000,000 and the current cost per can of paint is $7.5

Explanation:

For computing the current total cost, we need to apply the formula which is shown below:

Total cost = Fixed cost + variable cost

where,

Fixed cost = $15,000,000

And, the variable cost = Annual production × variable cost per plant

                                     = 10,000,000 × $6

                                     = $60,000,000

Now put these values to the above formula  

So, the value would equal to

= $15,000,000 + $60,000,000

= $75,000,000

Now the current cost per can of paint would be

= (Total cost) ÷ (Annual production)

= ($75,000,000) ÷ (10,000,000)

= $7.5 per can of paint

3 0
3 years ago
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