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dusya [7]
2 years ago
15

*ECONOMICS*

Business
1 answer:
ira [324]2 years ago
8 0
The equilibrium is the only price where quantity demanded is equal to quantity supplied.
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Why does Prof. St. Clair argue that allowing Lehman Brothers Investment Bank to fail in 2008 (i.e., during the Bush Administrati
snow_lady [41]

According to Prof. St. Clair, allowing Lehman Brothers to fail in 2008 breached the Fed's primary mandate, and worsened the financial crisis of 2008.

<h3>What caused the Lehman Brothers' failure?</h3>

The main cause of the failure of Lehman Brothers Investment Bank was its involvement in the subprime mortgage market.

Lehmann Brothers recorded unprecedented loss due to the 2008 subprime mortgage crisis.

The investment bank held onto large positions in subprime and other lower-rated mortgage tranches when securitizing the underlying mortgages.

Thus, according to Prof. St. Clair, allowing Lehman Brothers to fail in 2008 was a terrible decision because its failure breached the Fed's primary mandate, and worsened the financial crisis of 2008.

Learn more about Lehman Brothers' Failure at brainly.com/question/7550583

#SPJ1

6 0
2 years ago
All business strategies seek to gain competitive advantage. <br> a. True <br> b. False
insens350 [35]
True.............:  :3
7 0
3 years ago
Will the financial statements of a company always differ when different choices at the start of the accounting period are made r
german

Answer:

Will the financial statements of a company always differ when different choices at the start of the accounting period are made regarding the​ denominator-level capacity​ concept?

A. No. It depends on how a company handles the​ production-volume variance in the​ end-of-period financial statements. For​ example, if the adjusted​ allocation-rate approach is​ used, each​ denominator-level capacity concept will give the same financial statement numbers at​ year-end.

Explanation:

Level capacity strategy

The organisation manufactures or produces at a constant rate of output ignoring any changes or fluctuations in customer demand levels. This often means stockpiling or higher holdings of inventory when customer demand levels fall

4 0
2 years ago
_____ describes how the owner and employees think, feel, and act as a business
Rufina [12.5K]

Answer: I believe it is Corporate Culture, B.

Explanation:

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__________ is a major skill needed in tennis?
Zolol [24]
Hand and eye coordination
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