Answer:
The decrease in repo rates is to aim at bringing in growth and improving economic development in the country. Consumers will borrow more from banks thus stabilizing the inflation. A decline in the repo rate can lead to the banks bringing down their lending rate
Answer:
- Paul Donut Franchisee : Perfectly Elastic Supply
- P & G Facial Tissues : Elastic Supply
- Papermate Pens : Inelastic Supply
- Bright Ideas Lightbulbs : Perfectly Inelastic Supply
Explanation:
Price Elasticity of Supply is sellers' quantity supplied response to price change. P(Es) = % change in supply / % change in price.
Supply can be classified by Price Elasticity of Supply, as undermentioned :
- Elastic Supply : P(Es) > 1 ; % change in supply > % change in price
- Inelastic Supply : P(Es) < 1 ; % change in supply < % change in price
- Unitary Elastic : P (Es) = 1 ; % change in supply = % change in price
- Perfectly Elastic Supply : P(Es) = ∞ ; Supply responds infinitely to any slight price change & so prices are constant.
- Perfectly Elastic Supply : P (Es) = 0 ; Supply responds negligibly to massive price change & so quantity supplied is constant
- Paul Donut Franchise : Unlimited Supply at constant price, so supply perfectly elastic
- P & G facial tissues : % change in supply i.e 66% > % change in price i.e 10% , so supply is elastic
- Papermate pens : % change in supply i.e 10 % < % change in price i.e 15% , so supply is inelastic
- Bright Ideas Lightbulbs : % change in supply 15% negligible in relation to 400% price change , so supply is perfectly inelastic
Anita is a new buyer. luckily <u>her title insurance</u> will help her before the sale and can reimburse her after the sale if a title issue arises.
Insurance is a manner to manage your risk. whilst you buy insurance, you buy protection in opposition to unexpected financial losses. The insurance company pays you or someone you choose if something awful takes place for you. when you have no coverage and an accident occurs, you'll be answerable for all related costs.
The six maximum commonplace types of car insurance are automobile legal responsibility coverage, uninsured and underinsured motorist coverage, comprehensive insurance, collision insurance, clinical bills, and personal damage protection.
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Accounts payable - <u>Accurately tracking what's owed to suppliers, ensuring payments are properly approved and processing </u><u>payments</u><u>.</u>
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Accounts receivable - <u>The balance of money due to a firm for goods or services delivered or used but not yet paid for by customers.</u>