Could be true. Banks use the stored money to invest, and if they make the right investments, theoretically they can have excess in money, investing more with the excess, and this keeps happening.
Answer:
Particulars Amount
Purchase price $700,000
Add: Freight cost $35,000
Add: Electrical connections $5,000
Add: Labor costs $37,800
Add: Bred dough used $900
Add: Safety guards <u>$1,500</u>
Total cost of Equipment <u>$780,200</u>
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Note: Repairs cost of $5,000 will not be included
Answer:
The correct answer is letter "B": magnitude of the response in quantity demanded to a change in price.
Explanation:
Price elasticity of demand is the measure of how quantity demanded for a good or service changes as a result of changes in price. <em>Price elasticity of demand is calculated by dividing the percentage change in quantity demanded by the percentage change in price</em>. If the result is equal or greater than one (1) the good or service is elastic. If the result is lower than one (1), the product is inelastic.
Answer:
represents the TOTAL revenue at time 
.
Explanation:
is the revenue at the time at the first restaurant.
is the revenue at the time at the second restaurant.
If we want to know the TOTAL revenue at the time , we would sum these quantities:
TOTAL revenue = 
So represents the TOTAL revenue at time .
Formal communication ensures a proper channel of information flow between the superior and their corresponding subordinates. This results in a clear establishment of line of authority and workflow. Making responsibilities clear for subordinates is very efficient in this form of communication.
