<span>A fast-food restaurant decides to raise the price of its hamburgers. assume the firm is in a monopolistically competitive industry. what will happen to the demand for its hamburgers? When the fast-food restaurant raises the price of hamburgers, some customers may stay and pay the higher price because they want that specific brand of hamburgers, other may go elsewhere to find them cheaper.
When prices raise, some customers stay because they are attached to that specific company, others leave because they want a burger but for a lower price.
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Answer:
$574.71 billion.
Explanation:
The formula for calculating amount of deposits is as follows:
where,
D = Deposits
rr = required reserve rate
ER/D = excess reserve rate
C/D = non-bank currency to deposits
D = 574.712644
D = 574.71
Therefore, the amount of deposits is $574.71 billion.
Answer:
Executive privilege.
Explanation:
If the Congress is investigating U.S. involvement in the civil war in Argentina and they demand the President turns over to them information given to him or her by the State Department and the CIA. The president refuses, asserting the right of executive privilege.
The executive privilege is the assertion of the right to withhold certain information from the court or congress by the president.
It basically, provides immunity for the president from matters relating to foreign affairs, the military and national security.
Answer:
The premium payments of all the insured clients will cover the costs for the emergencies of the few who need it. The more people that pay premiums, the less likely each insured client will experience an emergency.
Answer:
They may put a firm at a competitive advantage to indigenous competitors
Explanation:
Trade barriers is when the government put up barriers to import. The goal of this is to increase local production of goods and services.
Trade barriers can be in the form of quotas or import taxes
Trade barriers makes the import of goods more expensive and this discourages imports
