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2 years ago

What is the main function of the federal deposit insurance corporation?.

Business

1 answer:

Taya2010 [7]2 years ago

4 0

Answer:

the mission of the federal deposit insurance corporation is to maintain and public confidence in the nation's financial system

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For most normal goods the income effect and the substitution effect work in the same direction; so when the price of a good fall

bezimeni [28]

Answer:

The income effect and substitution effect work in opposite directions and income effect is dominant.

Explanation:

In case of a normal good, both the income effect as well as substitution effect work in the same direction. A fall in the price of a product will increase the purchasing power of the consumer so its quantity demanded will increase.

The consumers will also prefer the cheaper good so the substitution effect will cause the quantity demanded to increase.

In case of an inferior good, however, income elasticity is negative. The income effect and substitution effect work in opposite directions.

A price decrease in the case of an inferior good will increase the real income and purchasing power of the consumer. This will cause the quantity demanded of the inferior good to decline as the consumer will prefer a substitute normal good.

8 0

3 years ago

Ana Co. uses the allowance method to account for bad debts. At the end of the period, Ana's unadjusted trial balance shows an ac

Afina-wow [57]

Answer:

A. $800

Explanation:

Ana Co.

Sales $500,000

Accounts Receivable $40,000

Allowance for doubtful accounts $300 Credit

Bad Debts Expense = 2 % of $ 40,000= $ 800

The adjusting entry would be

Bad Debts Expense $ 800 Dr.

Allowance for doubtful accounts $800 Credit

As we already have a credit balance of $ 300 in the doubtful accounts we will increase it with an amount of $ 500.

Allowance for Doubtful Accounts $ 500 Debit

Account Receivable $ 500 Credit

6 0

3 years ago

In addition to contributing money to a candidate, which is limited to only $5,000, which way does a PAC contribute to campaign e

scoundrel [369]

The answer is B. Gift

a Political Action Committee can designate a charitable organization to receive some sort of gifts equal to their contribution

These gifts can took form in Pins, Stickers, T-Shirt, Posters, etc

7 0

3 years ago

Read 2 more answers

To derive the demand curve we assume that A. marginal utility is constant. B. tastes are constant. C. prices are constant. D. re

Tems11 [23]

Answer:

C. prices are constant.

Explanation:

A demand is the scheduling the price of all the commodity as content and is derived as the price of the goods may changes in the future as general the demand curve is downward sloping and is shown by the equilibrium prices and movement along the curve takes place when the change in price causes the quantity demanded to change.

5 0

3 years ago

For each decision, state whether the company is following a cost leadership or a product differentiation strategy.

Oxana [17]

The strategies the companies are following in each case are;

1)Cost leadership strategy

2)Product differentiation strategy

3) Product differentiation strategy

4) Cost leadership strategy

<h3>What Is Cost Leadership Strategy? </h3>

Cost leadership is known to be a kind of a business-level methods that is often used by people or by companies who are interested to gain a competitive advantage by acting as the lowest-cost producer of a product, service, production process, or others.

Therefore, The strategies the companies are following in each case are;

1)Cost leadership strategy

2)Product differentiation strategy

3) Product differentiation strategy

4) Cost leadership strategy

Learn more about Cost leadership strategy from

brainly.com/question/14395542

#SPJ1

4 0

2 years ago