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morpeh [17]
2 years ago
13

Which of the following is an example of derived demand​? A. The​ Co-op faces an increased demand for organic fruits. B. There is

a sudden surge in the demand for real estate. C. Jim produces 20 jackets a day in his garment factory and hires labor used to produce that profit maximizing quantity. D. Most firms earn a normal profit in the long run.
Business
1 answer:
kvasek [131]2 years ago
7 0

Answer:

C. Jim produces 20 jackets a day in his garment factory and hires labor used to produce that profit maximizing quantity

Explanation:

Derived demand is when the demand for a good or service is as a result of demand for another good or service.

Derived demand is when there's a demand for a factor of production or intermediate good as a result of demand for a good or service.

I hope my answer helps you.

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If the required reserve ratio is 10 percent, currency in circulation is $400 billion, checkable deposits are $800 billion, and e
Ksju [112]

The required reserve ratio is 10 percent, currency in circulation is $400 billion, checkable deposits are $800 billion, and excess reserves total $0.8

If the required reserve is 10%, the currency reserve multiplier is 10 and the currency supply should be 10 times the reserve. A reserve requirement ratio of 10% also means that banks can lend out 90% of their deposits.

The reserve ratio can be calculated by simply dividing the amount a bank must hold in reserves by the amount the bank has on deposit. For example, if he has $10 million in bank deposits and needs to hold $500,000 in reserves, the required reserve ratio is 1/20, or 5%.

The ratio of required reserves to deposits. A reserve ratio of 10% means that banks must hold 10% of their deposits as a reserve.

Learn more about reserve ratio at

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3 0
1 year ago
Which of the following strategies is best to avoid groupthink
likoan [24]
Be open minded to other people's ideas and hear everyone's opinion. If you want a successful group everyone needs to feel that they are able to share their opinions and ideas without being harshly criticized 
8 0
2 years ago
On December 1, 20x1 Pimlico made sales to a customer in India and recorded Accounts Receivable of 10,000,000 rupees. The custome
Mashcka [7]

Answer:

Total value (5,400)

Explanation:

10,000,000 rupees

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2.3

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Stop difference:

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3 0
3 years ago
Denti-Way Systems, a manufacturer of dental appliances, invented and patented a new x-ray machine that radically reduced mainten
Ronch [10]

Answer:

The correct answer is letter "C": international.

Explanation:

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7 0
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Which statements are true of a white dwarf?
Snezhnost [94]

Answer:

- it is the result of the core collapse of a low-mass star that sheds its outer layers.

-it cools down to become a black dwarf.

Explanation:

because its right, alright.

(PLATO)

8 0
3 years ago
Read 2 more answers
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