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.
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.
This monopolistic competitor produces Q0 units and is demonstrated: (w) earning total profit equal to 0PbQ. (x) as a price taker. (y) setting price equal to marginal revenue. (z) in long-run equilibrium.
Below the poverty line the proportion of the U.S. population is: (w) rises with upturns of the business cycle. (x) has declined, though somewhat erratically, over the past 50 years. (y) has been virtually eliminated by a vigorous “War on Poverty
If an individual receives benefits from the government, associate to the benefits everyone else receives, which exceed the individual’s taxes like a proportion of total tax payments by all citizens, which individual can reasonably be viewed like
Breaking a natural monopoly within a number of competing firms would probably: (w) increase output and lower price to consumers. (x) reduce output and raise price to consumers. (y) reduce efficiency but lower price. (z) have no effect on output or pri
The clauses in labor contracts that need continued employment of the workers whose jobs are technologically outdated are termed as: (1) Moth-balling. (2) Yellow dog contracts. (3) Featherbedding. (4) Goldbricking. (5) Shirking clauses. Q : Determine produce economic profit When When point e corresponds to $9,000 per RoboMaid, Robomatic can produce economic profit all month of at most around: (1) $25 million. (2) $40 million. (3) $55 million. (4) $70 million. (5) $85 million. Q : Percentage change in quantity demanded The percentage change within quantity demanded along this demonstrated linear demand curve is: (w) greater than the percentage change within price in range b. (x) smaller than the percentage change within price in range a. (y) precise
When point e corresponds to $9,000 per RoboMaid, Robomatic can produce economic profit all month of at most around: (1) $25 million. (2) $40 million. (3) $55 million. (4) $70 million. (5) $85 million. Q : Percentage change in quantity demanded The percentage change within quantity demanded along this demonstrated linear demand curve is: (w) greater than the percentage change within price in range b. (x) smaller than the percentage change within price in range a. (y) precise
The percentage change within quantity demanded along this demonstrated linear demand curve is: (w) greater than the percentage change within price in range b. (x) smaller than the percentage change within price in range a. (y) precise
When small raises or decreases within the price of generic bananas do not influence the total sales revenue from bananas, in that case the market demand for generic bananas is: (i) perfectly price elastic. (ii) perfec
Monopolies tend to shut down in the short run when: (1) price is less than the minimum of average total costs [ATC]. (2) price cannot cover all overhead costs. (3) potential revenue cannot cover total variable costs. (4) total costs exceed total reven
The economics professor is paid $90,000 yearly, however knows she could earn $140,000 when she began a consulting firm. The opportunity cost of her university place is: (a) zero. (b) – $90,000. (c) $140,000. (d) $90,000. Choo
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