Answer:
Patience could pay off because you could save money and could find you the better buy. Some repercussions are you could lose money or get scammed.
Explanation:
Answer:
$817.5 million
Explanation:
Reserve value over the required reserves is known as the excess reserves. It is determined by deducting the required reserves from the current reserves balance.
Current Reserves = $900 million
Required Reserves = Deposits x required reserves ratio
Required Reserves = $750 million x 0.11 = $82.5 million
Excess reserves = Current Reserves - Required Reserves
Excess reserves = $900 million - $82.5 million = $817.5 million
E-marketplace help businesses maintain a competitive edge in the supply chain by solving time-constraint problems for international trade and making it possible to conduct business around the clock.
E-marketplace is a virtual online market platform where companies can register as buyers and sellers to conduct business to business or Business to Consumers transactions over the internet. It is a web based information system which provides opportunities for both suppliers and buyers.
E-marketplace enables the buyers to compare various products and services by different measures like performance, quality, price etc. On the other hand the sellers gets to enter new markets, find new buyers and increase sales by generating more value for the buyers.
To learn more about E-marketplace here
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Answer:
a. Noticeable difference is 15%
Explanation:
Just noticeable difference is 15% which is calculated as :
Original price of the stove $1,000 *15% = $150
The rebate amount should be $150 or more in order to be effective.
The demand equation for the stove is
P = a - bQ
For Harry
P = $700 and Q = 20
b = change in price / Change in quantity
a = P + bQ
a = 900 + 100 * 20
a = 2,900
This is the point where demand will be zero.
For Garry
P = $820 and Q = 30
b = change in price / Change in quantity
a = P + bQ
a = 820 + 82 * 10
a = 1,640
This is the point where demand will be zero.
<span>This process of reversal of designing a new product and putting a cost on it and then questioning if they can sell it for that cost is called as Target Costing. Here in this process the price was set at the designing stage and tries to meet it to bring the organization to profits.</span>