Answer:
C.
Explanation:
Retail banking is a banking system that deals directly with retail consumers. Retail banking is responsible for providing financial aid to the general population. The major function of retail banking includes providing financial aid, checking and savings accounts.
Business banks, on the other hand, are also a part of the banking industry. It specifically deals with corporates and businesses, ranging from small-sized businesses to large-sized corporates. The major function of corporate banking or business banking is also to provide financial aid, checking and savings accounts.
Therefore, option C is the correct answer.
Answer:
Option (B) is correct.
Explanation:
XA + XB = 100
QA = 100XA
QB = 200XB - XB^2
Use the fact that,
XA = 100 - XB
Now total production is Q = QA + QB
Q = 100XA + 200XB - XB^2
Q = 100 × (100 - XB) + 200XB - XB^2
Q = 10,000 + 100XB - XB^2
Output is maximum when Q'(XB) = 0
100 = 2XB = 0
XB = 50
XA = 50
Therefore, the firm’s profit-maximizing allocation of input X is 50 units of XA and 50 units of XB.
Answer:
Resources are limited in supply(scarcity) while wants are unlimited thus one has to make a choice to satisfy a need.Some choices are forgone(opportunity cost)
Cameras barbed wire electric fence depends on the situation but mainly a security system
