--%>
Assignment Help - homework help

Current deposit account

Name the additional facility that the businessman acquires in the current deposit account of bank.

Answer: The businessman acquires the facility of overdraft (that is, OD) in current account of the bank.

   Related Questions in Microeconomics

  • Q : Problem on market supply of labor Can

    Can someone please help me in finding out the accurate answer from the following question. The marginal resource cost for monopsonist in the labor market which can’t wage discriminate: (1) Is perfectly elastic. (2) Is perfectly inelastic. (3) Lies above the mark

    		•
  • Q : Perfectly price inelastic demand For

    For Cournot’s Spring Water the demand is perfectly price inelastic at: (i) point a. (ii) point b. (iii) point c (iv) point d. (v) point e.

    Q : Economies of Scope problem In the year

    In the year 1960s, suburbanites start to landscape by employing bark which had formerly been discarded whenever Clear-Cut Forestry Products turned logs to lumber whereas decimating old-growth forests. The extra operating revenue to Clear-Cut from selling bags of bark

    		•
  • Q : Law of demand Describe the law of

    Describe the law of demand with help of a schedule diagram? Answer: The Law of demand states that there is an inverse relationship among the price of a commodity an

    		•
  • Q : Slope of ray by origin in price

    The slope of the ray by the origin which is tangent to point b equivalents to: (w) the reciprocal of the price elasticity of demand. (x) P / Q. (y) 0a / 0c. (z) the price elasticity of supply.

    Q : Short-run shutdown price The short-run

    The short-run shutdown price arises where price: (w) equals AFC at the minimum. (x) is below ATC and above AVC. (y) equals AVC at its minimum point. (z) is above MR. Hey friends please give your opinion for the pro

    		•
  • Q : Market power and excess capacity A

    A monopolist which does not price discriminate cannot concurrently maximize profit and: (w) charge a price equal to marginal cost. (x) minimize average cost. (y) charge a price equal to minimum average cost. (z) produce only zero econ

    		•
  • Q : Minimum Wage Laws-unskilled workers I

    I have a problem in economics on Minimum Wage Laws-unskilled workers. Please help me in the following question. The Minimum wage legislation is unlikely to help: (i) Skilled workers who compete by unskilled workers. (ii) Unskilled workers who don&rsqu

    		•
  • Q : Cost and revenue assume the firm is a

    assume the firm is a price taker and faces a market price of €60 per unit. draw the AR and MR curves

    		•
  • Q : Economy in Bulgaria What is the economy

    What is the economy in Bulgaria like?

    		•