Answer:
its productivity rises and the relative prices of substitutable resources rise.
Explanation:
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. Thus, there exist a negative relationship between the quantity of goods demanded and the price of a good i.e when the prices of goods and services in the market increases or rises: there would be a significant decline or fall in the demand for this goods and services.
This ultimately implies that, an increase in the price level of a product usually results in a decrease in the quality of real output demanded along the aggregate demand curve.
A substitute product can be defined as a product that a consumer sees as an alternative to another product and as such would offer similar benefits or satisfaction to the consumer.
For substitute products (resources), the cross-price elasticity of demand is always positive because the demand of a product increases when the price of its close substitute (alternative) increases.
Hence, the demand for a resource rises as its productivity rises and the relative prices of substitutable resources rise.
Answer:
The banking industry has quickly advanced in the previous couple of decades. Banks have turned out to be worldwide foundations, working in numerous nations around the globe—and, maybe more significantly, online.
Present day customers have started to put more significance on the online banking capacities of their budgetary establishments, constraining European banks to dispatch new items and modify their digital systems to keep up. Less customers are visiting nearby offices; truth be told, there have been numerous reports asserting that online banking is the main source of the disappearing of neighborhood bank offices crosswise over Europe.
The greatest contrast between conventional banking and online banking is a physical presence: a traditional bank has a home office, just as territorial HQs, with branches situated over the nations in which it works. Numerous traditional banks work their very own ATMs, however littler conventional banks may combine to work a substantial number to share costs. Conventional banks, with their nearby offices, were at first picked for their benefit — for example which bank had a branch nearest to home — just as their eye to eye client administration.
Online banking is of most extreme significance to present day consumers.To remain aggressive and guarantee their customers are fulfilled, most customary banks have fused web banking in their administrations. Online entrances enable customers to view their balances, exchange cash, open new records and even apply for a home loan to purchase a home or contribute — which is all accessible 24 hours every day, seven days seven days not at all like physical branches. Online client administration, including email and talk and video call, have started to surpass telephone calls and visits to the bank's nearby office. Such administrations permit customers
Answer:
the net cash flow will be negative for the amount of $141 this means the stockholders contributed to the firm with cash rather than the firm providing cash for them.
Explanation:
<u><em>cash inflow:</em></u>
555 cash idividends
<u><em>cash outflow:</em></u>
9,336 ending capitalization - 8,640 beginning capitalization = 696
the stockholder purchases shares for that amount.
net: -141
Answer:
$10,000
Explanation:
Based on the information given about Charlene's the amount of loss from the current year operations that Charlene can tend to deduct under the basis rules will be
$10,000 because the amount of $10,000 which was the adjusted basis in S corporation stock will clears the basis limitation in which the amount of $10,000 can be deducted in the current year. This means that the remaining loss will be put on hold and will not be deductible because of sale of the interest.
Answer:
a. Trade can make every person better off.
Explanation:
Trade generates a benefit for all parties trading. If a party do not fell like winning with trade, it will stop trading and the trade will not occur. It is important for each party to make sure the other wants to keep trading, so quantity and price will be based upon both parties agreement.
A person can trade for product she produces, for example a person who produce a certain fruit can buy the same fruit when is off-station in their side of the world with another producer.
It could also trade becasue is the raw material of a finished product and it need more input for his facilities.
If a person or a party who is trading thinks is worse than before the trade, then it will stop trading so, as long as there is trade, both parties are better off after the trade.
