Answer: B. I and IV
Explanation:
An appraiser bond is simply an insurance form that is bought by appraisers which indicates total compliance with the regulations and the laws in their field.
Bond appraisals are used in the municipal secondary market because the market is thin and trades are not reported to a consolidated tape.
Answer: Option B
Explanation: Service facilities refers to those companies that have business of providing services such as emergency medical care, automobile repair etc.
These firms belongs to service industry in which every customer might need a little bit different work from the others. Thus, in order to know their customers specific wants and preference they must have a close relationship with them.
Hence from the above we can conclude that the right option is B.
Answer: B. there is also an excess demand for bonds
Explanation:
When there is an excess supply of money in the economy, there is also an excess demand for bonds.
This is because in his case, rather than holding money, individuals will want to increase their being holdings and therefore, this will lead to the reduction in their holding of money. Equilibrium will further be restored as there'll be reduction in interest rate.
Answer: Marginal Cost is gotten by taking the total change in the cost of producing more goods and dividing that by the change in the number of goods produced. .
Answer:
Equilibrium price is $8
Equilibrium quantity is 21
Explanation:
Equilibrium occurs where quantity demanded equals the quantity supplied. At equilibrium, both buyers and sellers are satisfied and there's no incentive to change the price and quantity demanded.
Equilibrium price is the price where equilibrium occurs. In this question, it is $8.
Equilibrium quantity is the Quanitity where equilibrium occurs. In this question, it is 21.
Graphically, equilibrium is found where the demand curve intersects the supply curve.
Please check the attached image for a graphical representation of Equilibrium.
I hope my answer helps you
