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Firlakuza [10]
3 years ago
8

In december 1994 a man in ohio decided to deposit all of the 8 million pennies he’d been saving for nearly 65 years. (his deposi

t weighed over 48,000 pounds! with a reserve requirement of 10 percent, what will be the cumulative change for the banking system in: instructions: enter your responses rounded to the nearest whole number. (a transactions deposits? $ (b total reserves? $ (c lending capacity?
Business
1 answer:
Yakvenalex [24]3 years ago
4 0
<span>If in December 1994 a man in Ohio decided to deposit all of the 8 million pennies he’d been saving for nearly 65 years, then his transactions deposits will be $8,000,000, his total reserves will be all in all 8 million pennies.</span>
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A manufacturer of washing machines has expanded its plant and created excess capacity, just as the general economy takes a downt
AURORKA [14]

If the entire economy should take a downturn, the effect on the manufacturer would be to : offer rebates and incentives for customers who purchase washing machines.

<h3>What is meant by an economic downturn?</h3>

This is the term that is used to refer to the economic downturn that is experienced in a particular economy for a given period of time. This period would usually bring about the failure of the market with the producers and sellers making little gains in the market.

Hence we cam say that If the entire economy should take a downturn, the effect on the manufacturer would be to : offer rebates and incentives for customers who purchase washing machines.

Read more on economic downturn here:  brainly.com/question/7201254

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8 0
1 year ago
Suppose that when the price of a certain commodity is p dollars per unit, then x hundred units will be purchased by consumers, w
Nataly_w [17]

Answer:

Profit = TR- TC&#10;= x (P) - C(x)&#10;= x(-0.05x+38) - (0.02x^{2} + 3x + 574.77)&#10;= -0.05x^{2} + 38x - 0.02x^{2} - 3x - 574.77&#10;= -0.07x^{2} + 35x -574.77

This profit equation is an equation of a parabola that opens downward (Since A=-0.07<0) and has its vertex at

x= -\frac{B}{2A}  = -\frac{35}{2 (-0.07)}  = 250

Thus, revenue is maximized when x=250 hundred units. At this quantity maximum profit is

P(250)=3800.23 hundred dollars

b. Profits are maximised at x=250 hundred units. The per unit price at this is,

p= -0.05x + 38&#10;= -0.05 (250) + 38&#10;= $25.5


7 0
3 years ago
Facebook ads are considered to be the fastest growing type of advertising in the united states.​
meriva
<span>Yes,the Facebook ads are considered to be the fastest growing type of advertising in the united states because Facebook is one of the most popular technology growing towards the people.Even Children have their Facebook accounts to connect with their friends.So advertisements published through Facebook will reach the all kind of age group people so that product will become more popular.</span>
7 0
3 years ago
LO 2.2Which of the following is not considered a product cost?
Usimov [2.4K]

Answer:

selling expense

Explanation:

The cost which is charged to manufactured a product is known as product cost

Plus product cost is a combination of direct material; direct labor and indirect cost i.e indirect material and indirect cost

In mathematically,

Product cost = Direct materials cost + Direct labor cost + manufacturing overhead cost

The indirect cost is also known as manufacturing overhead cost.

The cost which is charged to manufactured a product is known as product cost

7 0
3 years ago
Calculate the annual coupon payment if the semi-annual coupon paying bond price is $920, the yield for the bond is 6%, the bond'
Jobisdone [24]

Answer:

$48.40

Explanation:

Yield = 6%

Rate = Yield/2 = 6%/2 = 3%

YTM = 9

Nper = YTM*2 = 9*2 = 18

Face value = $1,000

Price(PV) = $920

Monthly payment = PMT(0.03, 18, -920, 1000)

Monthly payment = $24.1833

Coupon rate = (PMT/Face value) * 2

Coupon rate = (24.1833/1000) * 2

Coupon rate = 0.0241833 * 2

Coupon rate = 0.0483666

Coupon rate = 4.84%

Annual coupon payment = Face value * Coupon rate

Annual coupon payment = $1000 * 4.84%

Annual coupon payment = $48.40

4 0
3 years ago
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