The statement," Financial markets are important for bringing equilibrium to the loanable funds market, but do not affect the efficient allocation of scarce resources in the long-run." is false.
<u>Explanation:</u>
Financial markets are important for bringing equilibrium to lonable funds and in the long run they affect the allocation efficiency of scare resources. They probably shift the scare resouces of the economy from savers to borrowers.
Financial market is an arena where trading of financial derivatives and securities occurs at lower transaction costs. The securities are namely bonds, stocks, etc.,
The role of financial markets are as follows,
- operation of modern economies
- provides the government/business entities access to capital
An increase in a product's variable expense per unit that is accompanied by an equivalent increase in its selling price will D. decrease the degree of operating leverage.
<h3>What is an operating leverage?</h3>
An operating leverage simply measures the degree to which a project can increase revenue.
When there's an increase in a product's variable expense per unit that is accompanied by an equivalent increase in its selling price, it will decrease the degree of operating leverage.
Learn more about operating leverage on:
brainly.com/question/14867660
Consolidation Rules Under GAAP
The general rule requires consolidation of financial statements when one company’s ownership interest in a business provides it with A MAJORITY OF the voting power- meaning it controls more then 50% of the voting shares
Answer:
Transformation process.
Explanation:
When a line cook in a restaurant uses raw meat to cook a hamburger that becomes part of the restaurant's Super Burger Special, the cook is taking part in a transformation process.
A transformation process can be defined as the capabilities possessed by an organization, which are then integrated into technology, internal processes, and management, for the singular purpose of converting inputs into outputs in order to meet the needs or requirements of their customers.
In this scenario, the cook uses raw meat as an input in the creation of an output, which is the restaurant's Super Burger Special.
