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DaniilM [7]
3 years ago
8

Phil deposits his money in the bank and earns _____. The bank uses part of Phil's money to make _____.

Business
2 answers:
abruzzese [7]3 years ago
8 0

Answer:

Interest, Loans

Explanation:

In the following situation, Phil gets an interest amount in his credited balance in his bank, and the bank uses Phil's credit money to provide loans to others and get benefited.

Bank's basic function is to take money from His account holder and invest the money on higher interest rates as a loan to others and take to get benefited.

luda_lava [24]3 years ago
3 0

Answer:

the correct answer is interest, loans

Explanation:

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Game Theory and Strategic Choices -- End of Chapter Problem You have developed a new computer operating system and are consideri
pentagon [3]

Answer:

Microsoft will choses High price and you will choose to enter the market .

Explanation:

The Nash equilibrium

                                                          <u>  You </u>

<u>                                                 enter                     Don't enter</u>

Microsoft  high price          ( $30 , $10 )              ( $60 , $0 )

Microsoft  low price            ( $20, -$5 )               ( $50, $0 )

From the Nash equilibrium the best time for you to enter the market is when Microsoft Charges a high price

While the best time for Microsoft is when it charges a high price and you do not enter the market

But considering Simultaneous Move game : Microsoft will choses High price and you will choose to enter the market .

3 0
3 years ago
As consumers, we have to make decisions because ?
Leno4ka [110]

Answer: As consumers, we have to make decisions because our wants are <em><u>unlimited but our resources are limited</u></em>. Since you have two of the same choices, I am assuming there is a typo and this is the choice that should be there.

Explanation:

As a consumer, there is so much that can be bought but financially most people can't afford everything. When buying an item, it is up the consumer to determine if they can afford the item or go without it. Sometimes, we buy the item even though we can't afford it and then regret the purchase. To satisfy a persons wants, a budget must be in place to be able to save money to purchase items.

4 0
3 years ago
Which demand situation occurs when a competitor offers a similar product or service at a lower price?
Naya [18.7K]

Answer:

Falling demand

Explanation:

Falling demand refers to a situation where the sales volume of a good or service is on a continuous decline compared to the previous seasons. Consumers are no longer finding that particular product or service appealing to buy. Falling or declining is also referred to as faltering demand.

The introduction of a similar product by competitors at a lower price may lead to a decline in demand for the existing goods. Customers will prefer the new cheaper product. As a result, the more expensive and old product will experience falling demand.

3 0
3 years ago
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Alenkasestr [34]

Answer:

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3 0
2 years ago
Choose the best answer to complete the sentence. History and experience have shown that economies become most efficient at conve
bonufazy [111]
History and experience have shown that economies become most efficient at converting resources into desired products when there is competition. The correct option among all the options that are given in the question is the third option or option "C". I hope that this is the answer that has come to your great help.
4 0
3 years ago
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