Answer:
True
Explanation:
A financial intermediary is a corporation that takes funds from investors and then provides those funds to those who need capital. A bank that takes in demand deposits and then uses that money to make long-term mortgage loans is one example of a financial intermediary.
Answer:
The correct answer is (C)
Explanation:
Economics is all about allocating limited resources to attain maximum utility. In that regard, efficiency can be achieved by giving contracts to companies with higher productivity. These companies are all about attaining maximum productivity by investing limited resource. More productivity will increase the utility, and that will improve economic efficiency. So it is critical to give projects and contracts to certain companies which can increase the overall productivity.
The law of demand states that when the price of a good increases, the quantity demanded decreases.
<h3>What is the law of demand?</h3>
The law of demand states that the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded. The quantity demanded of a good is inversely related to the price of the good. This explains why the demand curve is downward sloping.
For example, if the price of a shoe increases, the quantity demanded of the good decreases.
For more information about demand, please check: brainly.com/question/25871620
A seller transfers title to a buyer with a general warranty deed. The seller defines the quality of ownership interest conveyed to the buyer in the habendum.
Habendum is an important concept in real estate and property transactions. It may also be used in other transactions related to leases and deeds, for example in the energy sector.
A habendum clause is part of a contract that is concerned with the rights, interests, and other features of ownership that is transferred to the other party. In cases of transfer of rights, for example in relation to a coal mine, it sets out the nature of the right and its duration.
To learn more about property transactions: brainly.com/question/28171058
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Answer:
$4,100
Explanation:
In this question ,we apply the income statement equation
Opening stock + Purchase + Gross profit = Sales + Closing stock
$4,500 + $17,000 + $11,600 = $29,000 + Closing stock
$33,100 = $29,000 + Closing stock
So, the closing stock would be
= $33,100 - $29,000
= $4,100
The gross profit is computed below:
= Sales × gross profit percentage
= $29,000 × 40%
= $11,600
