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exis [7]
3 years ago
15

A nominal interest rate is defined as "the opportunity cost of holding or using money." explain what you understand this definit

ion to mean.
Business
1 answer:
Salsk061 [2.6K]3 years ago
8 0
<span>A nominal interest rate means very low interest rates therefore we can use money for long duration by paying very low interest rate. We can hold this money for land duration. We also invest this money in other investment plan that gives better returns. This nominal interest rate is very helpful for running any business.</span>
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In a long-run equilibrium,
Serga [27]

Answer: Option (d) is correct.

Explanation:

Correct option: Only a perfectly competitive firm operates at its efficient scale.

In the perfectly competitive market and in the long run, the firms who are making losses will exit the market and those firms who are able produce at a point where price is equal to the average total cost will exist in the market.

However, monopolistic firms operates at a below efficient level of production and with an excess capacity.

Competitive firms are generally enjoys the productive efficiency in the long run because these firms have the capability to produce at a lower average total cost.

8 0
2 years ago
Started businesse with cash rs 5000 and bank balance rs 10000​
notka56 [123]

Answer:

maybe he earned 5000 more

Explanation:

5000+5000=10000

8 0
2 years ago
What does this article say about being on time ?
meriva

Answer:

About being on time, this article reveals:

1. Endeavour to take a practice trip the same time you leave for work in order to know what time you will arrive at work.

2. In order not be in a hurry and anxious, endeavour to arrive 15 minutes earlier. Also, don't arrive too early in order not to affect others.

Explanation:

The article gives advice and caution on how to get to work on time. The article seem to center on some work ethics tips for the newly employed. It reveals how to get to work on time, preparing your clothes, checking your hygiene and preparing quality questions for your boss.

5 0
3 years ago
A conversion strategy whereby an organization uses the new system with select users/parts of the organization until issues are r
hoa [83]

Answer:

A) Pilot strategy

Explanation:

Under a pilot strategy, before a new system is fully implemented, it is first subjected to testing under a given situation by using it in selective parts of the organization , to assess it's compatibility with the situation or if the system requires necessary changes.

This could also be a kind of experimentation to evaluate the feasibility of a system before deciding upon it's final implementation.

If the system under consideration matches the desired results, the organization proceeds with it's full implementation in the entire organization.

If not, necessary changes need to be incorporated in the system.

5 0
3 years ago
On June 1 of Year 1, a company paid $2,400 cash to rent office space for one year beginning immediately. Based solely on this in
Neporo4naja [7]

With an assumption that the company's accounting year is same as the calender year, the income statement would show $1,000 of rent expense.

<h3>What is an income statement?</h3>

An income statement refers to a financial statement that shows a firm's income and expenditures for an accounting year.

Rent expenses = $2,400 prepaid rent / 12 months

Rent expenses = $200 per month

Rent expenses = $200 rent expense per month x 5 months (in Year 2)

Rent expenses = $1,000 rent expense

In conclusion, with an assumption that the company's accounting year is same as the calendar year, the income statement would show $1,000 of rent expense.

Read more about income statement

<em>brainly.com/question/24498019</em>

7 0
2 years ago
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