Answer: A. True
B. True
C. False
Explanation:
A. Both Mutual Savings Banks and Credit Unions are owned by the their depositors. Credit Unions are owned and operated by members for the purpose of creating banking services for themselves at a cheaper cost.
Mutual Savings Banks are also owned by members who felt that traditional banks did not favour them.
B. Demand Deposit accounts exist in both commercial banks and Credit Unions but with different names. In Commercial banks they are known as Checking accounts for the most part but Credit Unions call them Share Draft Accounts and members of the Union can use these accounts by writing drafts like Commercial banks allow cheques.
C. While Credit Unions were formed usually for people in the same organisations or people with a common bond, Mutual Savings Banks were generally meant to uplift the lower economic classes so they did not share a common bond as Credit Union members do.
Answer:
B) brand alliance
Explanation:
Firms with a limited reputation sometimes form a brand alliance with a reputable firm so as to gain from the quality associated with the known brand
Answer:A. Commercial paper
Explanation:The form of debt financing is unlikely to be used by a firm the size of Moonworks is a commercial paper.
A commercial paper is issued by large corporation to secure funds inorder to meet a debt that has a short time duration such as payroll, and its backed only by the bank that issues it or the borrowing company promised payment on the face amount on the due date which must have been specified on the note.
Answer:
c. dynamic pricing.
Explanation:
Dynamic pricing is when the price of a product is not fixed but flexible. Prices change based on changes in demand. It is also known as surge pricing or demand pricing.
The Coffee Express company reduces its prices on the weekends due to a fall in demand. This is Dynamic pricing.
Cross price elasticity measures the degree of responsiveness of quantity demanded of a good to changes in the price of another good.
The income effect measures how consumption and demand for a product changes when real income changes.
The substitution effect measures how a consumer subsistuites one good for another good when there's a change in price.
