Answer:
Economic costs include both explicit costs and implicit costs.
Explanation:
- In economics, costs can be in the form of explicit and implicit as implicit costs are opportunity costs and are opportunities for engaging in business. While the explicit costs are accounting costs which are involved in the production of raw matter, wages etc.
Answer: business to consumer
Explanation:
E-commerce simply means buying of goods and services online through the internet. Since it's a digitalized world now, this is common.
In the business to consumer form of e-commerce, firms want to develop buyer loyalty and repeat business but seldom develop a close working relationship with individual buyers.
Answer:
The importance of a business plan is to help plan out how you want a business to go and to also show how to get around or through obstacles.
Answer:
1st and 2nd options are correct.
- Its intended goal is to protect the interests of those who hold equity in the bank.
- The amount of capital required depends on the type of assets the bank holds.
Explanation:
Capital requirement for a financial institution, such as a bank is the amount of capital they need to pay off their liabilities. Every bank has a reserve ratio which is a small part of total deposits that is enforced upon banks to fulfill all the liabilities. The intended goal of capital is to protect and preserve the interest of depositors and equity holders. Similarly, the reserve ratio of bank substantially depends upon the type of assets bank holds, for liquid assets, the capital requirement is more as compared to liquid assets. Since more liquid asset means that a bank can convert them into cash instantly which is why the capital requirement is less for liquid assets.
Answer and Explanation:
(A) In the event that U1 = C1 and U2 = C2,
at that point two get both same utility C1 must equal to C2
C1 + C2 = 90
substituting C1 in the place of C2 in the above equation we get
2C1 = 90
C1 = 90/2
C1 = 45
C2 = 45
Each one has utility = 45
(B) U1 = U2
C1(c1/c2) = c1*c2
c1 = c2^2
c1 + c2 = 90
substituting c1 = c2^2 in c1 + c2 = 90
c2^2 + c2 = 90
c2 = 9
c1 = 81
U1 = U2 = 981 = 729
(C) U1 = u2
(C1 - 5)({c1 - 5}/{c2 + 5}) = (c1 - 5)(c2 + 5)
C1 - 5 = (c2 + 5)^2
C1 - 5 = c2^2 + 25 + 10c2
C1 = c2^2 + 30 + 10c2
90 = c2^2 + 30 + 10c2 + c2
0 = c2^2 - 60 + 11c2
C2 = 4,-15
-15 not possible C2 = 4
C1 = 90 - 4 = 86
U1 = U2 = 729
(D) Due to satisfy their principle, gift decrease the consumption of individual 2 by same amount and Increase consumption of individual 1 by same amount.
