Answer:
more wealthy, so the quantity of goods and services demanded rises.
Explanation:
If price level falls, the same basket of goods and services purchased by consumers would cost less. Consumers feel more wealthy and the quantity demanded of goods and services increases .
For example, if I spend $100 on clothes and the price of clothes falls to $50, I would buy clothes for $50 and still have extra $50. I can use the $50 to buy more clothes.
I hope my answer helps you.
I believe the answer is: A. a retail bank
Retail bank is the type of bank that focus on serving personal customers for their daily needs.
- Saving and loans usually serve the customers who want to obtain loan to fund their business.
- Commercial bank usually used by someone who are guidance to manage their finance
- Investment bank facilitates the purchase of various investment products (such as stocks and bonds)
Answer:
Economies of scope
Explanation:
Economies of scope -
The meaning of the term economies of scope is the reduction in the cost of a particular product due to the production of some similar product .
It refers to the situation where the marginal cost of the company or organization reduces , because of some production of the complimentary services or goods , is referred to as economics of scope .
Hence , from the given scenario of the question ,
The correct answer is Economies of scope .
Answer:
Consulting service was completed by team of auditors led by Katelyn light.
