Answer:
The correct answer is letter "D": smaller, community banks.
Explanation:
The Great Recession is the economic fall that occurred between 2007 and 2009 as a result of the housing bubble burst in the U.S. During this period many well-known firms such as <em>Chrysler, General Motors, </em>and <em>Lehman Brothers</em> filed for bankruptcy. However, not all the business experienced a downturn.
A study conducted by the <em>Federal Reserve Bank of St. Louis</em> (2013) indicates that 417 <em>banks and thrift institutions</em> failed between 2006 and 2011 but 702 <em>small community banks</em> reported total assets of around $10 billion by allowing individuals to benefit from loans. Banks and thrift institutions were too conservative in loans during the Great Recession which was interpreted in lower revenues.
Answer: This implies that the cross elasticity of demand between orange juice and apple juice is <u>0.5.</u>
Explanation:
The cross elasticity of demand is evaluated as:
Price of orange juice increased by 20 percent, which resulted in a 10 percent increase in the quantity of apple juice consumed.
The cross elasticity of demand
The cross elasticity of demand = 0.5
Hence, This implies that the cross elasticity of demand between orange juice and apple juice is <u>0.5.</u>
Operations management are multiple activities that create value for consumers by way of a good or service. The create the good or service and put them out in the market.
When planning a managing a large product you need to make sure that the phases are follow throughly and accurately.
Phase 1) Planning
Phase 2) Scheduling
Phase 3) Controlling
The statement that internet service providers are capable of providing products and services is false.
- Internet service providers cannot be an example of organizations that can provide both goods and services.
- This is because, internet service providing organizations fall under the category of organizations that are especially known for only being able to provide services.
- Some other organizations that produce services alone, also include commercial banks and consulting firms.
- Therefore, the statement cannot be true.
Thus, from the above reasons it is clear that internet service providers can only provide services.
Learn more about Organizations that provide only services here:
brainly.com/question/27118899
#SPJ10
Given that a small hair styling salon had revenues of
$150,000 in a given year. The owner spent $10,000 on utilities, $60,000 on
supplies, and $50,000 on equipment, including maintenance. The total profit of
the salon should 150,000 –( 10,000 +
60,000 + 50,000) = $30,000. The owner could have earned more if he work at
another salon.