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3 years ago

Banks make a profit by __________.

2 answers:

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Banks make profit by making loans at a higher interest rate than it costs them
to obtain the money charging fees for their services,
investing in government securities, and
paying a higher interest rate than they pay their depositors. Therefore, the correct answer would be all of the above, the last option.

Tomtit [17]3 years ago

4 0

Answer:

The answer is: 1. Make loans at a higher interest rate than it costs. 

2.- To obtain the money that charges fees for their services. 

3.- Invest in government securities.

Explanation:

The fundraising operations, called passive operations, are materialized through the deposits.

1.- The banks generate new money from the money or the resources that they obtain through the collection and, with these, they grant credits to the people, companies or organizations that request them. For giving these loans the bank charges, depending on the type of loan, amounts of money called interest and commissions.

2.- At present, the change in the needs of companies, families and institutions, has led the banking activity to the services, which become its main source of income.

3.- Banks are also the main participants in the government stock market.

The answer is: 1. Make loans at a higher interest rate than it costs. 

2.- To obtain the money that charges fees for their services. 

3.- Invest in government securities.

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If a firm hires an additional worker and discovers that its total output has fallen, then it must be true that:________

Neko [114]

If a firm hires an additional worker and discovers that its total output has fallen, then it must be true that marginal physical product is negative.

What is the change in total output that results from hiring one additional worker?

The difference in production brought on by using an additional unit of labor is known as the marginal product of labor.

Does hiring additional workers increase the total revenue at a decreasing rate?

Total output increases with additional employees, although at a slower rate. a stage of production where an increase in the labor force leads to a decline in labor's marginal product. With each new unit of labor added to the mix, a company with this will produce progressively less production.

Learn more about marginal product of labour: brainly.com/question/16690539

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1 year ago

Economics students often confuse (a) diminishing returns related to the variable factors of production and (b) diseconomies of s

Sholpan [36]

Answer:

Marginal Product:

The marginal product of an input that is being used in the production process of a good or services is the extra output generated by using the extra unit of that input. Alternatively, the marginal product is the output generated by the last unit of the input added only.

Explanation:

Diminishing marginal returns means that as you adds more units of that input, the marginal product declines. That is, each additional of extra unit of the input results in decreased and less additional output. For example, the marginal product of labor usually decreases as the amount of labor increases because there is a fixed amount of capital used in the short run, so when labor increases, the capital per unit of labor decreases, which results in each and every extra working being less productive than the previous one.
Dis-economies of scale, whereas, results in an increase in the average cost of production as the number of units increases. That's why diminishing marginal returns refers to production, and dis-economies of scale refers to the average cost. Dis-economies of scale often happened because the production levels get high, there is less management on each employee, resulting in each employee having less motivation to work as hard due to lack of production making it hard to notice that change.So, it may results in the average worker's productivity decreasing, causing the per-unit cost to rise.

7 0

2 years ago

All of the following statements related to recording warranty expense are true except: Multiple Choice Recording estimated warra

wel

Answer:

Warranty expense should be recorded in the period when the warranty service is performed.

Explanation:

When the product is sold, a product guarantee liability and warranty cost should be reported if it is possible that consumers may make claims under the warranty and the amount can be calculated.

Those two provisions are part of the Financial Accounting Standards Statement No. 5 of the FASB, Accounting for Contingencies.

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3 years ago

How do i get my grade higher.60-80 and 70-80

balu736 [363]

You can always makeup work that you got a low grade on. You can do extra credit or finish the work you haven’t turned in (if you have anything) :)

8 0

2 years ago

Read 2 more answers

Acton Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its m

algol [13]

Answer:

option (b) $69,768

Explanation:

Data provided in question:

Estimated manufacturing overhead = $73,440

Estimated machine-hours = 1,800

Actual manufacturing overhead = $68,700

Actual machine-hours = 1,710

now,

The predetermined overhead rate = $\frac{\textup{Estimated manufacturing overhead}}{\textup{Estimated machine-hours}}$

The predetermined overhead rate = $\frac{\textup{73,440}}{\textup{1,800}}$

The predetermined overhead rate = $40.8 per hour

Therefore,

The applied manufacturing overhead for the year

= Actual machine-hours × predetermined overhead rate

= 1,710 × $40.8

= $69,768

Hence,

the correct answer is option (b) $69,768

5 0

3 years ago