Answer:
credit rationing
Explanation:
Credit rationing is a situation in which borrowers give out a fixed amount of loan to lenders for a specified time at a rate tied to the market interest rate. In this situation, loans do not exceed a certain amount from the borrower no matter what attractive offers are given by the lenders to be able to get a larger loan amount. This is done by the borrower becasue the borrower is earning maximum profits from interest rates and also is a means to maintain equilibrum between loan funds and loan demands.
Cheers.
Answer: internet advertising
Explanation: ape
Answer:
-1.33
Explanation:
Cross price elasticity of demand measures the responsiveness of quantity demanded of good A to changes in price of good B.
If cross price elasticity of demand is positive, it means that the goods are -substitute goods.
Substitute goods are goods that can be used in place of another good.
If the cross-price elasticity is negative, it means that the goods are complementary goods.
Complementary goods are goods that are consumed together
Cross Price elasticity of demand = percentage change in quantity demanded of good A / percentage change in price of good B
percentage change in quantity demanded of good = (1700/ 1350) - 1 = 0.259
percentage change in price = (1.65 / 2.05) - 1 = -0.195
0.259 / -0.195 = -1.33
<u>Option C</u>
The gains from trade are a result of more efficient resource allocation than would be observed in the absence of trade.
<u>Explanation:</u>
The statisticians have surveyed the gains from trade from diverse viewpoints. The ideal ideologists thought that gains from trade emerged from enhanced rendering and specialization. Gains from trade are the exclusive compensations to business operators from holding granted an improvement in deliberate dealing with each other.
The contemporary ideologists viewed the gains from trade as the gains emanating from exchange and specialization. To estimate the gains from the trade, a metaphor of one nation's expense of making with a remote nation expense of making for the identical commodity is lacked.
