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Gnom [1K]
3 years ago
15

The possibility that the failure of one bank can hasten the failure of other banks is called the:

Business
1 answer:
77julia77 [94]3 years ago
3 0

Answer:

Contagion Effect

Explanation:

Contagion Effect is the <u><em>spread of an economic crisis</em></u> from one market or a region to another. It refers the diffusion effect of crisis throughout a market.

Simply put, If a large bank sells off most of its assets quickly, the confidence in other banks declines.

Hence, it's said to have followed the contagion effect, spread of a crisis from one market to another.

You might be interested in
As a business customer, every time you buy a product or service, you are creating a record of that transaction. Group of answer
aleksandrvk [35]

Answer:

True

Explanation:

A buisness customer records every transaction to see how the transaction was

6 0
3 years ago
Monopoly has social costs because A. P is greater than MC and this implies economic inefficiency. B. too few resources are being
elena55 [62]

Answer:

Option "D" is the correct answer to the following question.

Explanation:

A monopoly usually has all kinds of social costs. Price under monopoly is more than marginal cost, which also often means that society does not have the economic capacity.

In monopoly business, resources are usually used less and other businesses use more resources, which is why monopoly business is usually associated with social interests.

Monopoly businesses produce fewer goods but charge more on those goods because they are the sole producers of the services or goods they produce, so all three options are correct

4 0
3 years ago
Jessica’s Office Supply, Inc., had 300 calculators on hand at January 1, 2017, costing $16 each. Purchases and sales of calculat
otez555 [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Jessica’s Office Supply, Inc., had 300 calculators on hand on January 1, 2017, costing $16 each.

Purchases and sales of calculators during January were as follows:

January 12: 200 units for $25

J 14: 150 for $17

J 29: 100 for $18

J 30: 150 for $30

According to a physical count, 200 calculators were on hand on January 31, 2017.

FIFO:

Inventory= 150*30 + 50*18= $5,400

COGS= 300*16 + 200*25 + 150*17 + 50*18= $13,250

LIFO:

Inventory= 200*16= $3,200

COGS= 150*30 + 100*18 + 150*17 + 200*25 + 100*16= 15,450

Average cost method:

Average cost= (16 + 25 + 17 + 18 + 30)/5= 21.2

Inventory= 21.2*200= $4,240

COGS= 21.2* 700= $14,840

8 0
3 years ago
The line of authority that extends from the upper levels of management to the lowest levels of the organization is ____________.
lyudmila [28]

Answer:

<h2>The answer in this case would be option D. given in the answer choices or Chain of Command.</h2>

Explanation:

  • Under the chain of command system, the line of authority or organizational control runs hierarchically from the top to the low levels of the administrative management chain.
  • The organizational functions, duties, assignments and responsibilities are arranged according to the hierarchical structure of the organizational management or administration under the chain of command system.
  • The departmental designations and divisions under the chain of command are also guided by hierarchical classification of the organization management.The officials under the department of the lower levels of management usually work under and report to the middle or top management levels and the departments and officials working in the mid level management generally reports to the top level management in any business organization.
  • Hence, the line of control or authority flows or runs from the upper/top level to the relatively lower levels of management under chain of command.
8 0
3 years ago
The service sector has lower productivity improvements than the manufacturing sector because: the service sector uses less skill
ser-zykov [4K]

Answer:

The correct answer is letter "C": services usually are labor-intensive.

Explanation:

A labor-intensive industry requires large amounts of human labor to make its goods or services. In labor-intensive industries, labor costs are more important than capital costs. Technological advances have rendered fewer industries labor-intensive but many remain including <em>hospitality, agriculture, </em>and <em>mining industries</em>.

5 0
3 years ago
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