Answer
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Answer:
C. Banks make private loans; their conclusions on who is creditworthy are not made public.
Explanation:
Investors in financial instruments who engage in information collection face a free-rider problem, which means other investors may be able to benefit from their information without paying for it.
Individual investors, therefore, have inadequate incentives to devote resources to gather information about borrowers who issue securities.
The answer to this problem is "FUNCTIONAL" such as when <span>Bill is working on a project involving the upgrading of a management information system. the project is being managed by the information systems department with the coordination of other departments occurring through normal channels. He is actually working in a functional organization.</span>
For the case of a consumer with an inelastic demand curve, it is less costly to cater for them, hence reducing the production fixed cost. given that different customers will be charged differently for the same product, it is easy to cover for a low profit range.
I believe its <span>A. DR Accounts receivable 1,200; Credit Revenue 1,200 \
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