When discussing organizational structure, the terms narrow and wide are used to describe the span of control in the organization.
When it is said to be wide, or have a large width, it means that the organizational structure in the organization is with a very large span of control.
But when it is said to be narrow, what it means is that the structure in this organization is with a smaller span of control
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Answer: official reserves
Explanation:
The official reserve account is simply part of capital account which has to do with securities and foreign currency that are being held by the central bank of a particular country and which are used to balance payments yearly.
It should be noted that when there's trade surplus, there'll be increase in reserves and when there is a deficit in trade, there'll be decrease in reserves.
Answer: D. less than
Explanation:
Firms generally maximise output at the point where Marginal Revenue equals Marginal Cost. Any output greater than this point will lead to a higher amount of marginal cost being incurred vs marginal revenue which also means that a higher proportion of total cost was being incurred.
If a company therefore decides to remedy this and reduces output, this will lead to a fall in both revenue and cost. However, because the cost had been higher past that point, when it falls back to the maximising level, costs will fall more than revenue so that marginal revenue will equal cost again. This also means that total cost would fall more than total revenue.
What do you want to be when you grow up?
The franchaiser may supply financing
