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Suppose that the banking system in Canada has a required reserve ratio of 10 percent while the banking system in the United Stat

Mariulka [41]

I understand here the "money creation" to mean that the money would enter the circulation. Then the bigger amount of money creation is when less money needs to be retained by the banks!
and if the bank has to keep 10%, this is less than when it needs to keep 20% - so more money would enter the market in Canada!

6 0

3 years ago

Abby can purchase a secondary data to report for $500 or create primary data by surveying 300 people at a cost of $1.33 person.

saul85 [17]

Answer:

1.33 a person

Explanation:

look at it nownejssj

6 0

2 years ago

Read 2 more answers

Cost of Direct Materials Used in Production for a Manufacturing Company

strojnjashka [21]

Answer:

$855,000

Explanation:

The Raw Materials T - Account can be used to determine the cost of direct materials used in production using the missing balance technique as follows :

Raw Materials T - Account

Debit :

Beginning Balance $279,000

Purchases $828,000

Total $1,107,000

Credit :

Ending Balance $252,000

Transferred to Production (<em>Balancing figure</em>) $855,000

Total $1,107,000

3 0

3 years ago

Suppose Antonio gets utility from consuming two goods, burgers and fries. His utility function is given by U = √ BF = B 0.5F 0.5

Julli [10]

Answer:

5 servings of fries and 2 burgers

Explanation:

The optimal solution to the maximization problem of a consumer is equivalent to the ratio of marginal utilities of goods and it is also equal to the price ratio of the goods. Mathematically:

$MRS_{BF} = \frac{MU_{B}}{MU_{F}} = \frac{P_{B} }{P_{F}}$

The burgers and fries marginal utilities are $MU_{B}$ and $MU_{F}$ respectively while their prices are $P_{B}$ and $P_{F}$ respectively. Thus,

$\frac{0.5B^{-0.5}F^{0.5} }{0.5B^{0.5}F^{-0.5}} = \frac{5}{2}$

Further simplification:

F/B = 5/2 ; F = 2.5B

Using Antonio's budget income,

B = income/ $P_{B}$ - ( $P_{F}$ / $P_{B}$ )*F

If we use the values in the problem, we have:

B = 20/5 - (2/5)*F = 4 - 0.4F

if we substitute F = 2.5B

B = 4 - 0.4*2.5B

B = 4 - B

B = 4/2 = 2

F =2.5B = 2.5*B = 2.5*2 = 5

Thus, given the budget constraint of Antonio, he can maximize his utility by eating 5 servings of fries and 2 burgers.

7 0

3 years ago

Explain how one driving force has facilitated change at Domino’s.

BabaBlast [244]

Answer:

. Executive Summary

This assignment has been written to demonstrate the analytical processes and strategies with a

lens of operation management & operations of Dominos India. We have applied theoretical

frameworks to evaluate the operational strategy with its product and services. This report

focuses on the daily operations of Dominos India’s Connaught Place unit specially, wherein

their staff and manager helped a lot to prepare this report. Team research, interviews and

insights from Dominos existing employees have been documented in this report.

Dominos India has been a leader in its market segment in India.

2. About Dominos India

On 26 March 1995 Domino's Pizza India Private Ltd operation began in 1996 with its’

first store in New Delhi. In January 2016, Domino's opened its 1000th outlet in New

Delhi. The company opened 53 new restaurants between January–March 2018 and

150 outlets in the in financial year 2017-2018 (works, 2016)

Domino's pizza is delivered to its customers with seasoning sachets.

A) Domino’s pizza is a well-established and known pizza brand over the last 57 years

They deliver pizza along with garlic bread and a combo deals with Coke as the

beverages partner.. They have more than 11000 corporate and franchise restaurant

stores in all over 70 countries. And India is the second biggest market for this US

based pizza company (source : Wikipedia). In India They were the first to bring in

the concept of 30 minutes delivery. This has become a benchmark now in India as

people say that Domino’s pizza reaches before police reaches at the spot. Along

with this its excellent customer service, frequent products introduction with variable

topping options as per the customer choice , many outlets close to your location,

soft spoken & trained staff and a peculiar taste have become a driving force for

them. Even though there are many players including Pizza hut, Papa John, Johnny

Rockets and local players, Dominoes is still number One In India.

B) Because of their exceptional operation strategy they have been performing very well

in this cluttered and competitive food market in India.

C) Mission Statement : Exceptional franchisees and team Exceptional franchisees and

team members to be the best pizza delivery company People first Initiativ

7 0

2 years ago