This indicates that Toronto-Dominion Bank is engaged in "contemporary" kind of control system.
<u>Option: D</u>
<u>Explanation:</u>
Contemporary suggests contributing to the same duration of time and to a better understanding-it is a business environment with a large competitive market that continues to change at a very rapid pace and the holder of such company must be sufficiently qualified to recognize the necessities and innovations that need to be made in business in order to catch the rapid response of businesses.
The defining feature of contemporary control systems is a focus on consistently evaluating the climate of the business and adjusting accordingly. The declaration by Jongeward suggests that the Toronto-Dominion Bank is employed in this kind of regulation.
Answer:
If consumption of a good gives rise to a negative externality, it can be internalized by subsidizing the purchase of the good.
Explanation:
The effect of a market exchange on a third party who is outside or “external” to the exchange is called an externality or spill over.
Negative externality are negative spill over effects of a transaction, a situation where a third party, outside the transaction, suffers from a market transaction by others
.
Internalizing the externality means <u>shifting the burden, or costs, from a negative externality</u>, such as pollution or traffic congestion, from outside to inside (external to internal). This can be done through taxes, property rights, tolls, and government subsidies.
A negative externality exists is the cost of production exceeds private costs
Hence, such negative externality can be internalized through subsidy by the government
Answer: d. highly elastic
Explanation:
Elasticity is a measure of the responsiveness of quantity demanded to a change in price. An elastic good for instance, will see its quantity demand drop if its price increases.
In the above scenario, when one gas station increases prices, less people demand their fuel. The reverse is true. This therefore means that the demand for both of their stations is highly elastic because them changing prices hugely affects the number of people that will come to patronise them.
A rental inventory is basically like people rent you things. Cars, and lots of stuff. its a good idea to have a rental inventory because you can rent people things in a business.
Answer: 1.222
Explanation:
The Average duration can be derived from the formula:
Assets * Average Duration = Liabilities * Duration of Liabilities
Average Duration = (Liabilities * Duration of Liabilities) / Assets
= (47,000,000 * 1.3) / 50,000,000
= 61,100,000 / 50,000,000
= 1.222