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2 years ago

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When the price of bubble gum is $0.50, the quantity demanded is 400 packs per day. When the price falls to $0.40, the quantity d

emanded increases to 600. Given this information and using the midpoint method, we know that the demand for bubble gum is:

1 answer:

Leviafan [203]2 years ago

8 0

Answer:

The Answer is Elastic, I took the same assignment!! Hope this helps.

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The balanced scorecard approach

AnnyKZ [126]

Answer: The correct answer is "c. normally sets the financial objectives first and then sets the objectives in the other perspectives to accomplish the financial objectives.".

Explanation: The balanced scorecard approach normally sets the financial objectives first and then sets the objectives in the other perspectives to accomplish the financial objectives.

The balanced scorecard states that we must focus on the organization from four perspectives and that goals, measures, rules or objectives be developed for these perspectives.

The 4 perspectives are:

- Financial: which is the most important one whose objectives are established first and the objectives of the other perspectives will be established in order to meet the objective of the financial perspective.

-Client

-Internal processes

-Organizational capacity

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3 years ago

: Typically required on ________ loans when the down payment is less than ______% and loan-to-value ratio is in excess of ____%.

BARSIC [14]

Answer:

Mortgage, 20%, 80%

Explanation:

Typically required on Mortgage loans when the down payment is less than 20% and loan-to-value ratio is in excess of 80%. Loans with higher LTVs don't conform to Fannie Mae/Freddie Mac guidelines, so a lender may require PMI to offset the risk.

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3 years ago

A decrease in net taxes (select one):

icang [17]

Answer:

C, Raises aggregate expenditure by raising liable income, thereby increasing consumption.

Explanation:

Tax is a very important financial tool of any governmet to ensure its smooth running.

Tax can either be increased or decreased and each of these acts have their effects on the the counrty and on its people. For the purpose of this question, i will be sticking to tax decrease.

Tax decrease as the name implies is the reduction of taxes paid by individuals to the government from their taxable incomes.

When tax is reduced, there is a little more money for the people to spend and as such this affects the demand, consumption (of goods) as well as the gross domestic profit; GDP, of the country.

When the people have more money to spend, there is an increase in things they buy, wear, do, etc and so production in that country becomes high.

Tax decrease is most effective in a situations where there is high level of unemployment and slow paced economies.

cheers.

5 0

3 years ago

5. The Federal Reserve's organizationThere are members of the Federal Reserve Board of Governors.The Federal Reserve's role as a

Lady bird [3.3K]

Answer:

U.S. banks that cannot borrow elsewhere.

Explanation:

In the United States, the Federal Reserve goes as a last resort lender to companies that do not have certain other acquisition practices, and the inability to obtain loans can significantly impact the economy.

so correct answer is U.S. banks that cannot borrow elsewhere.

3 0

3 years ago

Which type of account typically has low liquidity?

il63 [147K]

Option (d) is the correct option.

<u>Certificate of deposit has low liquidity because the money can be withdrawn after the maturity period. It cannot be converted to cash immediately. </u>

Further Explanation:

Liquidity:

Liquidity is a measurement of an asset’s ability to convert it into cash. If any specific asset can be converted into cash quickly, then it is considered a liquid asset.

Example: Stock, Debtors, Marketable securities are liquid assets as they can be converted into cash very quickly. On the other hand, land and building are not liquid assets as they would require a longer time to convert into cash.

Low liquidity account:

<u>Certificate of deposit is a low liquidity account. </u>

Certificate of deposit:

Certificate of deposit is a saving account. In certificate of deposit, the customer of the bank deposits lump-sum amount in the bank account, and it can be withdrawn after a specified time. Certificate of deposit has a higher interest rate than a normal saving account. Generally, the tenure of the certificate of deposit varies from 1 year to 10 years. The customer of the bank cannot withdraw the funds before the maturity date of the deposit.

Certificate of deposit has lower liquidity because the funds cannot be withdrawn before the maturity date of the deposits. Once deposited, the funds can be converted to cash after the maturity period, which varies from 1 year to 10 years as per the agreement with the customer.

<u>Certificate of deposit has low liquidity because the money can be withdrawn after the maturity period. It cannot be converted to cash immediately </u>

<u> Checking account, savings account, and money market account has high liquidity as money can be readily withdrawn from these accounts. </u>

<u> </u>

Learn more:

1. Learn more about cash budget

brainly.com/question/12985585

2. Learn more about the role of money

brainly.com/question/12984919

3. Learn more about the cash deficiency

brainly.com/question/12981857

Answer details:

Grade: Senior School

Subject: Business Studies

Chapter: Money and Banking

Keywords: Account, Bank account, Bank, Liquidity, High liquidity, Low liquidity, Saving account, Checking account, Money market account, Certificate of deposit, Converted to cash.

3 0

3 years ago

Read 2 more answers