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3 years ago

A central bank acts as a lender of last resort especially in times of financial crisis. What is the purpose of this function

Business

1 answer:

mr_godi [17]3 years ago

7 0

Answer:

The purpose of the function is to lend the people indeed.

Explanation:

a central bank help to keep our money and give a loan

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The additional benefit of producing one more roast beef sandwich at a local deli is $2. The additional cost of producing one mor

aivan3 [116]

Answer:

The correct answer is D) "producers should not produce one more roast beef sandwich because MC > MB"

Explanation:

Marginal cost (MC) is the additional cost that you provoke when you add an extra unit of goods or services to your company.

Marginal benefit (MB) is the additional benefit that you receive when you add an extra unit of goods or services to your company.

When:

MC > MB (producers shouldn't produce an additional good or service)

MC < MB (Producers should produce an additional good or service)

4 0

2 years ago

Which will you likely have to provide on college applications?

77julia77 [94]

Personal information :)

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3 years ago

The centralized computer technology department of Hardy Company has expenses of $320,000. The department has provided a total of

goblinko [34]

Answer:

Retail Division = $480,000

Commercial Division = $125,000

Explanation:

<u>Divisional income from operations for the Retail Division and the Commercial Division</u>

Retail Division Commercial Division

Sales $2,150,000 $1,200,000

Cost of goods sold ($1,300,000) ($800,000)

Controllable Contribution $850,000 $400,000

Less Expenses

Selling expenses ($150,000) ($175,000)

Allocated Central Costs ($220,000) ($100,000)

Net Income before tax $480,000 $125,000

Calculations :

Allocation of Central Costs :

Retail Division (2,750/ 4,000 × $320,000) = $220,000

Retail Division (1,250/ 4,000 × $320,000) = $100,000

4 0

3 years ago

Pam sees that the price of bananas has risen in the grocery store. All else equal, she decides to buy more tangerines than she n

Katyanochek1 [597]

Answer:

Option (c) is correct.

Explanation:

Given information states that bananas and tangerines are substitute goods. We know that the cross price elasticity of substitute goods is positive which means that there is a positive relationship between the price of one good and the quantity demanded for substitute good.

Therefore, in our case as the price of bananas increases and all the other factors remains constant then as a result the quantity demanded for tangerines increases.

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3 years ago

Contact Process: What safety, cost, or other considerations prevent most industrial applications from using the most ideal condi

Margaret [11]

So here is the answer of the given question above:
In terms of economics, Harber's process takes a huge amount of capital. Initially, the process demands for a very high pressure and this is very expensive to produce. Second, the company would need to establish extremely sturdy pipes and containment vessels to endure the very high pressure, in order to produce this required condition; the building process is very costly as well as the maintenance. Hope this answer helps.

5 0

3 years ago