1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
GrogVix [38]
3 years ago
13

What is true about credit unions?

Business
2 answers:
Vesnalui [34]3 years ago
8 0
<span>All of the above are true.</span>
Alexandra [31]3 years ago
6 0

Answer: All of the above are true.

Explanation:

Credit unions refer to a financial institution owned by a group of people who are connected by common bond in order to provide traditional banking system. They offer savings account and are established to promote the well-being of their members. The profits generated by them are given back to the members in the form of reduced fees, higher savings rates and lower loan rates. The money saved in the savings account is used for providing loans to other members. The interest which they charge on loans to members is used to generate income for the credit union.

You might be interested in
What’s going on here? As soon as Dewey Cheatum and Howe Motors increase the prices on their SUVs, then so does their only compet
IceJOKER [234]

Answer: The answer is oligopolistic competition

Explanation:

Price can be defined as the amount of money for which a goods or services is been offered for sale by the sellers of the goods. It is a sum of money at which the seller and the buyer agrees to exchange a goods or services. The price of a product or services usually shows the cost of the product and the quality of a product or services been offered for sale by the sellers. When a business set a price for their products or services they usually takes into consideration factors such as survival, profit maximization, return on their investment, market share, and the business prestige.

The strategy of setting the same price with your competitors is called oligopolistic competition. In this case, if one competitor wants to be ahead of other competitors in the market, then such a competitor has to include in their product features that will not be found in the product of their competitors, through this process such a competitor would be ahead of their competitors in the market by having the larger share of the market.

7 0
3 years ago
How environmental markets can improve an energy market portfolio
enyata [817]

Environmental markets can support international collaboration on energy technology to stable destiny strength materials and mitigate their environmental impact, such as via improved energy.

<h3>What do you understand about environmental markets?</h3>

Environmental markets can be defined as a progressive coverage method to leverage investment for environmental conservation on non-public lands. They can function as a supplement to conventional conservation programs.

thus, Environmental markets can support international collaboration on energy technology to stable destiny strength materials and mitigate their environmental impact, such as via improved energy.

learn more about environmental markets:

brainly.com/question/26950905

#SPJ1

8 0
2 years ago
Many former employees at AlphaEnergy, an energy trading and supply company, had a large
Virty [35]

Answer:

Letter A is correct.<u> </u><em><u>Unsystematic</u></em><em> </em>risk.

Explanation:

Unlike systematic risk, which is an inherent market risk, unsystematic risk is inherent in a specific sector or company.

The case in point concerns the investment of former AlphaEnergy employees, which is a unsystematic risk, as the investment risk in single-company shares includes regulatory changes, management changes, loss of market due to competition and withdrawal of the product from the market.

To reduce this type of risk, investors should seek diversification in their stock portfolio.

7 0
3 years ago
demand and marginal revenue curves are downward-sloping for monopolistically competitive firms because
Brrunno [24]

Demand and marginal revenue curves are downward-sloping for monopolistically competition firms because: a. product differentiation allows each firm some degree of monopoly power.

<h3>What is product differentiation?</h3>

Product differentiation  can be defined as what makes a product to different from another product which is why some producer tend to include a unique features in their so as to make their product distinct from that of others.

A monopolistic competitive firms can tend to  face a downward - sloping demand curve based on the fact that it help to differentiate their product from that of others competitors.

Therefore the correct option is A.

Learn more about Product differentiation here: brainly.com/question/8107956

#SPJ1

The complete question is:

Demand and marginal revenue curves are downward-sloping for monopolistically competition firms because...

a)product differentiation allows each firm some degree of monopoly power

b)there are a few large firms in the industry and they each act as a monopolist

c)mutual interdependence among all firms in the industry leads to collusion

d)each firm has to take the market price as given

6 0
1 year ago
In​ 2008, as a financial crisis began to unfold in the United​ States, the FDIC raised the limit on insured losses to bank depos
Tomtit [17]

The FDIC stands for Federal Deposit Insurance Company.

By raising the limit on insured losses the FDIC helps stabilize the system by instilling confidence.

If the consumer knows that their savings accounts are protected up to $250,000 they will be encouraged to spend money during a time of crisis.

Because of the increased limit, there is less probability that there would be something called

"a run on the bank."

8 0
3 years ago
Other questions:
  • Betty and bob are not married but are living together. they have a heated argument and betty hits bob with a baseball bat, causi
    5·1 answer
  • You just started working for a company, where should you first look to find a confidentiality policy concerning information you
    9·1 answer
  • On an aggregate demand and aggregate supply graph, the stagflation of the 1970s can be represented as a
    7·1 answer
  • WILL GIVE BRAINLIEST
    13·2 answers
  • If a company is considering optimizing the physical location for every activity in the value chain, which of the following is no
    12·1 answer
  • Under FINRA rules, to recommend a direct participation program to a customer, the registered representative must ascertain that
    8·1 answer
  • On October 1, 2020 Bonita Industries issued 5%, 10-year bonds with a face value of $8090000 at 103. Interest is paid on October
    10·1 answer
  • (b) What is market segmentation? Explain in detail with example the THREE (3) market segmentation of Alibaba. by giving referenc
    6·2 answers
  • Conley Company has fixed costs of $8,151,000. The unit selling price, variable cost per unit, and contribution margin per unit f
    6·1 answer
  • Alguien para hablar estoy sola
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!