When there is more choice for proceducers and consumers, that is a Command Economy.

Investment bankers perform all of the following functions except: a purchase securities from issuers on a principal basis b sell

ArbitrLikvidat [17]

Investment bankers perform all of the following functions except manage mutual funds.

<h3>Who is an investment banker?</h3>

Investment bankers underwrite securities on a firm commitment (principal) basis; and on a best efforts (agency) basis.

Investment banks also advise companies on mergers, acquisitions, divestitures and spin-offs.

Hence, Investment bankers perform all of the following functions except manage mutual funds.

Learn more about investment banker here : brainly.com/question/12301548

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7 0

3 years ago

If at optimum output of 1,000 units, the firm is incurring average variable cost per unit of $3, average fixed cost per unit of

iVinArrow [24]

Answer:

$2500

Explanation:

Given: Total output(quantity)= 1000 units.

average variable cost per unit= $3

Average fixed cost per unit= $1.5

Selling price per unit is $7

We know, Profit= $Total\ revenue - Total\ cost$

First, lets find out total cost

Total cost= $Total\ fixed\ cost+ Total\ variable\ cost$

Remember, cost= $average\ cost\times quantity$

$Fixed\ cost= \textrm{average fixed cost per unit}\times quantity$

$Fixed\ cost= 1.5\times 1000= \$ 1500$

$Variable\ cost= \textrm{average variable cost per unit}\times quantity$

$Variable\ cost= \$ 3\times 1000= \$ 3000$

∴ Total cost= $1500+ 3000$ = $\$4500$

Now, finding total revenue.

$Total\ revenue= selling\ price\times quantity$

$Total\ revenue= \$ 7\times 1000= \$ 7000.$

Profit= $Total\ revenue - Total\ cost$

∴ Total profit= $\$ 7000-\$ 4500= \$2500$

Total profit= $2500

8 0

3 years ago

Addison Co. budgets production of 2,790 units during the second quarter. Other information is as follows: Direct labor Each fini

Doss [256]

Answer and Explanation:

1. The preparation of direct labor budget is given below:-

Direct labor budget

Units to be produced 2,790

Hours required per unit 5

Total labor hours needed 13,950

(2,790 × 5)

Labor rate per hour $10

Direct labor budget $139,500

(13,950 × $10)

2. The preparation of factory overhead budget is given below:-

Total labor hours needed 13,950

Variable overhead rate per hour $12

Budgeted variable overheads $167,400

(13,950 × $12)

Budgeted Fixed overheads $580,000

Budgeted total overheads $747,400

8 0

3 years ago

Often management is "under the gun" and want to solve problems and meet deliverables before logically assessing the situation. T

ivolga24 [154]

Answer:

decisive leadership

Explanation:

Decisive leadership is the leadership in which the leaders have to decide quickly for a particular thing. It is basically a capability for deciding with the speed and clarity of the things happen.

Also the quick decision result in a bad situation without knowing the impact of that decision

Therefore according to the given scenario, the "under the gun" represents the decisive leadership

5 0

4 years ago

The pulsar watch pricing example in the video, where the price of the pulsar watch was affected by becoming similar to the other

Lady bird [3.3K]

Answer:

E. A and C

Explanation:

Based on the information provided within the question it can be said that this is an example of both the context effect and assimilation effect. Which the context effect describes the effect that the environment affects a certain aspect while the assimilation effect refers to the judgments made based on the position of the stimuli.

7 0

4 years ago