Answer:
c. whenever banks create financial assets for themselves, they create financial liabilities for individuals, and those financial liabilities are considered money
Explanation:
c. whenever banks create financial assets for themselves, they create financial liabilities for individuals, and those financial liabilities are considered money
Answer:
not until the early 19th century were a few countries able to establish sustained long-run economic growth.
Explanation:
Industrial revolution (industrialization) can be defined as a period of significant change in economic and social manufacturing process characterized by the use of handicrafts and agrarian methods to the use of power-driven equipments and machines. Basically, the industrial revolution began in Great Britain (England) between 1760 to 1840 and eventually spread across other countries of the world.
Prior to industrialization, humans and animals were largely used as a means to generate power, execute tasks or do certain things during the production and distribution process.
However, in the advent of industrialization and technological advancement, machines were invented to replace human and animal power.
Some examples of such inanimate sources are Steam plants, Nuclear plants, Wind etc.
In human history, we know that not until the early 19th century were a few countries able to establish sustained long-run economic growth.
Answer:
Predatory pricing.
Explanation:
When Lofonift Inc. introduced its flagship product, an MP3 player, it captured the MP3 player market by offering its product at the lowest price in the market. This gradually forced many of its competitors out of business. Once its competitors were out of business, Lofonift Inc. raised its prices. In this scenario, Lofonift Inc. most likely indulged in predatory pricing.
Predatory pricing is a strategy used by some business owners to reduce the cost of a particular commodity or item to the lowest possible amount such that the available competitors will be driven out of business.
Answer:
The statement given is TRUE:
Explanation: Most of CBMS left in 2008, there was vacuum that was left. Banks just decided to clean up their balance sheets, and did not participate. The life insurance companies took advantage of this period and increased their origination and thus increased the lending to this sector where there was a huge vacuum.
To break even they must be able to sell 1,100 tickets during the event.
The immediate cost is set at
$2,000 (player fees) + $1600 (worker fees) = $3,600
Assuming that fans would reach around 200 people that would be:
$3 X 200 =$600 (free bat costing)
Overall cost would be at: $3,600 + $600 = $4,200
To break even the computation will be as follows:
2,500 tickets X $5 = $12,500
$12,500 - $4,200 = $8,300 in earnings
