Answer:
DeShawn not take offer engine detailing service
Explanation:
given data
cost = $40
charges = $75
total price = $90
additional charges = $20
to find out
Should DeShawn continue offer
solution
we know here De shawn marginal benefit is
marginal benefit = total price - charges
marginal benefit = 90 - 75
marginal benefit = $15
and
we have given additional charges is $20
so
we see marginal cost here less than the marginal revenue
so DeShawn not take offer engine detailing service
Answer:
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Answer:
The answer is A. demand for money falls and the interest rate falls
Explanation:
The demand for money is the amount of money or amount of wealth households or businesses choose to hold in the form of money(cash or cash-equivalent).
When the price level decreases, the purchasing power of consumers increases, so consumers' demand for money will be reduced or lower. The transactional demand for money will be reduced.
Also when price level decreases, interest rate falls. Because the purchasing power of consumers has been increased, the excess money will be kept in banks and the increases the money supply. So with an increase in money supply, interest rate will be reduced to encourage borrowing.
