Answer:
Saving can only be done in person. Investing can be done both in-person and online.
Explanation:
Saving refers to keeping some funds aside for use during emergencies. Individuals and institutions also save as a way of accumulating funds for a specific intention. Banks and other deposit-taking institutions offer saving services to pool funds and lend them for investment and consumption.
Saving will attract lower interest rates, sometimes below the inflation rate. Banks offer lower rates on saving and charges a higher interest rate to borrowers to make profits. Because saving offer lower returns, they are suitable for short-term periods. Savings are relatively safer than investment.
Investments offer higher returns but have a higher risk. Due to their price volatility, investments are suited for the long-term to safeguard against price fluctuations.
Answer:
a. $16,500
Explanation:
The computation of the total amount of fixed manufacturing cost is shown below;
= Number of units sold & produced × fixed manufacturing overhead per unit
= 5,000 units × $3.30
= $16,500
Hence, the correct option is a.
Answer:
People would buy more hydro flasks more demand
Explanation:
