Answer:
Bank runs are bad for the bank affected and usually good for the bank's competitors
Explanation:
A bank run happens when bank depositors withdraw their money deposited due to fear of the bank's solvency.
Bank runs can work as a self fulfilling prophecy. For example, if there a rumour that a bank is insolvent and it is not, depositors would start withdrawing their monies. This would eventually lead to the bank being insolvent.
Bank runs affect other banks and can lead to the collapse of the whole financial system. Bank runs occurred during the great depression
Bank runs led to the establishment of deposit insurance. The aim of deposit insurance is to increase the confidence of depositors in banks because depositors know their deposits are insured
Answer:
True
Explanation:
According to contemporary consumer behavior researchers, buying decisions are based on sentiments, experiences, and perceived values of product or services.
Answer:
The firm's contribution margin ratio is 62.5%
Explanation:
Contribution margin is the net of selling price and variable cost. It is the net return available to cover the fixed cost and make profit. Contribution margin ratio is the ratio of contribution margin to sale price.
According to given data
Price = $6
Variable cost = $2.25
Contribution margin = Price - variable cost = $6 - $2.25 = $3.75
Contribution margin ratio = 3.75 / 6 = 0.625 = 62.5%
Answer:
4.77 × 10^-4
Explanation:
Given that
Population of the city of Atlantis on March 30, 2003 = 193,000
No. of new active cases of TB occurring between January 1 and June 30, 2003 = 92
No. of active TB cases according to the city register on June 30, 2003 = 338
So, the incident rate of active cases is shown below:
= (No. of new active cases of TB occurring between January 1 and June 30, 2003) ÷ (Population of the city of Atlantis on March 30, 2003 - No. of active TB cases according to the city register on June 30, 2003)
= (92) ÷ (193,000 - 338)
= (92) ÷ (192,662)
= 4.77 × 10^-4
Answer:
because we need money man
Explanation:
