Based on the given description, Tina’s services fall into the category of possession processing services.
Possession processing service is defined as <u>providing a service to goods or other physical possessions that the customer owns</u>.
Thus, because Tina provides a service to people’s garden, her service falls into this category. Other examples for possession processing service include shoe cleaning service, plumbing, and housekeeping.
Micro economics is a part of economics that deals with individuals as well as firms behavior in small scale. Macroeconomics is a part of economics that deals with the whole economy's behavior.
Explanation:
<u>Microeconomics</u>
Why do economics major earn more than marketing major?
How does Apple decide how many iPads to produce?
Which company's stocks should your mother buy?
Why does the price of gasoline increase during summer?
<u>Macroeconomics</u>
How much will the economy grow next year?
Why does the unemployment rate increase during a recession?
What happens to price when government increase money supply?
Should the government pass a jobs bill to stimulate the economy?
Answer:
e. $90; $100
Explanation:
The reserve ratio also known as cash reserve ratio is the portion of deposit that commercial banks must hold onto, rather than lend out or invest. It is determined by the central bank of a country and it varies.
Deposit into local bank=$100
Reserve ratio=10%
reserve ratio=10% of $100
=10/100×$100
=0.1×$100
=$10
Bank reserve has increased by $100 - $10
=$90
Checkable deposit has increased by $100 dollars deposited.
Answer: inability to develop specialized applications for functional areas. (D)
Explanation:
Small firms gather various forms of data, such as the financial information that are related to revenues and expenses, data about employees and customers. Traditional file organization has to do with the storage data in paper files within filing cabinets and folders.
The use of the traditional approach to filing processing leads to every functional area in the corporation to create specialized files and applications. Each application or file requires a unique data file which is usually a subset of the master file and this often leads to inconsistency, wasted storage resources, data redundancy, poor security and processing inflexibility.
B. All consumers are able to purchase an amount equal to their quantity demanded.