Answer:
The correct answer is option C.
Explanation:
When we save we deposit it in the bank and do not loan it out directly. But the bank keeps a certain portion of it and lends out the rest to those who need credit. So, the savings that we deposit in the bank become the basis of credit creation.
That is why the statement about saving and lending given in the question is incorrect.
Answer:
a. containerization
Explanation:
The containerization is defined as the system which uses intermodel containers for freight transport. By this methods, each container is considered an unit of product instead of smaller parts. The transport between shipment methods would be facilitated without affecting to commodities inside each containers. In addition, when many products are in the containers, the quantity of parcel can be easily controller. The standardized dimensions of containers used can help the exporter, importer or transporter easily make plan about shipment by different means.
I believe it would be C.) multiple installations of gas, water, and electric lines
Answer:
A. The travel industry changed from a consolidated structure to a fragmented one.
Explanation:
In the given passage, the speaker talks of the change in the way travels are managed. Initially, few large travel agencies took control of the way travel is arranged, from booking tickets to managing hotel rooms.
But as the internet grew and many people are able to access it, travels, accommodations, etc. are being managed by the individuals themselves or even smaller travel agencies are able to do the work without the need for such large companies to be involved.
This shows that the travel industry changed from a consolidated, large companies structure to a fragmented one, that of smaller agencies and even individuals themselves.
Thus, the correct answer is option A.
Assume that there are no fixed costs and ac = mc = $200. at the profit-maximizing output and price for a monopolist, the producer surplus is $3200.
The government provides public services such as railroads. They are therefore the monopoly as no new partners or private companies are allowed to operate the railways. A monopoly is an individual, group, or company that controls a market for goods or services.
A monopolist is a person, group, or company that controls and controls the market for a particular good or service. This lack of competition and lack of alternative goods or services means that monopolists have enough power to charge high prices in the market.
Learn more about monopolists at
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