The above example of buying cheese and bread best illustrates money's function as:
D. Medium of Exchange
By exchanging currency, you were able to buy food products from the deli. This is one of the most powerful functions of money.
Hope this helps!
<u>In </u><u>microeconomics</u><u>, the term </u><u>monopoly</u><u> is synonymous with decreasing returns of scale.</u>
When there are economies of scale in production?
As output increases, the long-run average total cost decreases. The total variable cost of creating five units of output is indicated by the Y-interval between the two curves in the diagram.
Is price and marginal cost equal?
- In economics, the practice of setting a product's price to cover the additional expense of producing an additional unit of output is known as marginal cost pricing.
- This policy limits the producer's ability to charge for each unit of a product sold to the addition to total cost attributable to materials and direct labor.
Simply put, what is microeconomics?
- Microeconomics is the study of how people, households, and businesses make decisions and distribute resources.
- It generally pertains to markets for goods and services and addresses both personal and financial concerns.
Learn more about microeconomics
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1. Verbal
2. Nonverbal
3. Written
4. Visual
I’m not sure but hope this helped x:)
Answer:
b. decrease in the stock of capital due to wear and tear.
Explanation:
Depreciation is a reduction in the value of an asset over time, due in particular to wear and tear.
Depreciation is the gradual decrease in the economic value of the capital stock of a firm, nation or other entity, either through physical depreciation, obsolescence or changes in the demand for the services of the capital in question.
The monetary value of an asset decreases over time due to use, wear and tear or obsolescence. This decrease is measured as depreciation. ... Machinery, equipment, currency are some examples of assets that are likely to depreciate over a specific period of time.
Answer: 2500
Explanation:
From the question, we are informed that acustomer who has a fully paid long position in ABC stock goes "short against the box" for a credit to his account of $50,000 and that ABC is a NASDAQ stock.
Then, to get the minimum maintenance margin requirement, we should know that FINRA has a 5% minimum maintenance margin on the long side. This will then be:
= 5% of 50,000
= 5% × 50,000
= 2500 minimum