true or false?deposits are assets to banks because the money is given to them and added to the bank's overall net worth.

Answers

Answer 1

True. Deposits are considered assets to banks because they represent the money that has been given to them by customers, which is then added to the bank's overall net worth.

This is because the bank can use these deposits to make loans, invest in other assets, or earn interest income, all of which contribute to the bank's profitability and financial stability. Deposits are considered assets to banks because they represent funds that the bank can use to generate income through lending and investments. These deposits increase the bank's overall net worth and financial stability.

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Related Questions

Most entrepreneurs do not get their ideas from a flash of inspiration; they come more from their passions or looking at problems.
a. True
b. False

Answers

a. True. Most entrepreneurs do not rely solely on a sudden "flash of inspiration" when developing their business ideas.

While occasional instances of inspiration may occur, the majority of entrepreneurial ideas stem from a combination of their passions and identifying problems or opportunities in the market. Entrepreneurs often draw from their personal interests, skills, and expertise, which fuel their passion and drive to create innovative solutions.

They actively observe their surroundings, analyze market trends, and identify gaps or challenges that can be addressed through their entrepreneurial endeavors. By combining their passions with problem-solving approaches, entrepreneurs can develop ideas that have a higher chance of success and resonate with their target audience.

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Type your response in the box. As you read this paragraph, think about the various traits of money. On her way to work, Cara stops by her local coffee shop for tea and oatmeal to go. She pays cash and receives change. She then remembers that she needs to get gas. She fills up her car’s tank, and charges it to her credit card. When her shift is over, she goes to the ATM to deposit her paycheck in her savings account. She stops home to change clothes before she goes to the gym. Not wanting to take her purse to the gym, she folds up a $5 bill and puts it in her pocket with her driver’s license. When she pays for water and a banana at the gym, the clerk laughs at how old Cara’s $5 bill is. Cara replies that it’s good that all money looks the same over the past few years. List five ways this scenario references money????? can someone help me please please.

Answers

Answer:

Here are some possible answers:

She buys items with cash.

She gets change.

She uses a credit card.

She deposits a paycheck in the bank.

She folds up cash.

She hears that her cash looks old.

She says that it looks the same as newer bills.

Explanation:

PLATO

Answer:

She buys stuff with cash, she gets change, she uses a credit card, she deposits a paycheck in the bank, and she folds up cash

Explanation:

Hope this helps! <3

What can a boosted post help an advertiser achieve?

Answers

A boosted post helps an adviser to connect with the audience and gain trust.

Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.

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Alpha can produce either 18 oranges or 9 apples an hour, while Beta can produce either 16 oranges or 4 apples an hour. Which of the following statements is true? Alpha should export to Beta, but Beta should not export to Alpha. Since Alpha has an absolute advantage in both goods, no mutual gains from trade are possible. If Alpha specializes in growing oranges and Beta specializes in growing apples, they could both gain by specialization and trade. If Alpha specializes in growing apples and Beta specializes in growing oranges, they could both gain by specialization and trade.

Answers

Answer:

If Alpha specializes in growing apples and Beta specializes in growing oranges, they could both gain by specialization and trade.

Explanation:

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries. A country should specialise in the production of goods for which it has a comparative advantage

Alpha

Opportunity cost in producing oranges = 9/18 = 0.5 apples

Opportunity cost in producing applies =  18/9 = 2 oranges

Beta

Opportunity cost in producing oranges = 4 / 16 = 0.25

Opportunity cost in producing applies = 16/4 = 4 oranges

Alpha has an opportunity cost in the production of apples while beta has a comparative advantage in the production of oranges

Alpha should specialise in the production of apples

Beta should specialise in the production of oranges

As a forensic accountant what are some tools and references available on the ACFE website that can help me in my career?

Answers

The ACFE website provides numerous tools and resources for forensic accountants. Some of the most helpful include the Fraud Prevention Check-Up, Fraud Prevention Toolbox, and the Report to the Nations.

As a forensic accountant, some of the tools and references available on the ACFE website that can help in your career are:1. Fraud Prevention Check-Up: This tool helps to assess fraud risks and provides actionable recommendations to prevent and detect fraud.2. ACFE Report to the Nations: This is an annual report that provides the latest information on global fraud trends, which can help forensic accountants stay up-to-date on the latest fraud schemes.3. Resource Library: The ACFE website has a vast resource library that includes articles, white papers, and webinars on various topics related to forensic accounting, fraud prevention, and detection.4. Fraud Examiners Manual: This is a comprehensive guidebook that covers all aspects of fraud examination and forensic accounting, including investigation techniques, legal considerations, and interviewing skills.5. Fraud Magazine: The ACFE's Fraud Magazine provides the latest news and insights on fraud-related issues, which can help forensic accountants stay informed and engaged in their profession. In conclusion, the ACFE website provides a wealth of tools and resources that can help forensic accountants in their careers, including fraud prevention check-ups, reports to the nations, a resource library, a fraud examiner's manual, and a fraud magazine.

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Creating an online website what are good ideas to help me brainstorm

Answers

A few ideas for the website are:

An easy-to-update CMSResponsive designHelpful navigationStrong brand identityContact informationSecurity features

Which completes the equation?
O + A + Consideration (+______) = K

Legal capability
Legal capacity
Legal corporations
Legal injunction

Answers

"Legal capacity" is the final term that completes the equation.

What is the full legal age?

What a person is legally capable of doing depends on the rules and regulations of the legal system. It is a fiction with no underlying reality that every legal system uses to establish a relationship with its constituents.

What does the legal competence to contract mean?

A party has the legal authority to enter into a contract if they have the capacity to do so. Capability also implies that a person must be legally competent. A person's ability is determined by two factors: whether they are of legal age to enter into contracts and if they are mentally able to do so.

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a monopsonist is the only _______ (buyer/seller) in a ________ (product/factor) market. what is the difference between a simple monopsonist in a labour market and a wage differentiating monopsonist?

Answers

A monopsonist is the only buyer in a factor market (usually labor).

A simple monopsonist sets a uniform wage rate, while a wage differentiating monopsonist sets different wage rates for different workers based on their productivity.

A monopsonist is a single buyer in a market that has the power to determine the price that it pays for goods or services. In the labor market, a monopsonist is an employer who is the sole buyer of labor in a particular geographic area or industry.

A simple monopsonist sets a uniform wage rate for all workers, regardless of their level of productivity. This results in a downward-sloping labor supply curve, as workers will only supply labor up to the point where the marginal cost of working (the wage rate) equals the marginal benefit.

In contrast, a wage differentiating monopsonist sets different wage rates for different workers based on their productivity. This allows the monopsonist to capture some of the surplus that would otherwise go to the workers, and results in a more inelastic labor supply curve.

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The Company Kermett launched one year ago a convertible bonds issue, which consisted of 10K convertible bonds of 10,000 € each with a 6% coupon, and which can be converted into shares at the Price of 400 € each share. The time of conversion has come. Shares have a par value of 350 and their current market price is 370€.
How much money will the company get if there are issuing costs of 7%?
How many shares could each bond be converted into?
Will a rational investor change their bonds into shares?
Does the last response change if the bondholder is interested in becoming a shareholder of the company?

Answers

In the given scenario, the company Kermett issued 10,000 convertible bonds with a face value of €10,000 each, a 6% coupon, and a conversion price of €400 per share. The current market price of the shares is €370. The company will receive €9,250,000 if there are issuing costs of 7%. Each bond can be converted into 25 shares. Whether a rational investor will change their bonds into shares depends on the market price of the shares and the investor's expectations. The response may change if the bondholder is interested in becoming a shareholder of the company.

The company will receive €9,250,000 from the issue of the convertible bond, calculated as the face value of each bond (€10,000) multiplied by the number of bonds (10,000) and reduced by the issuing costs of 7%. The issuing costs amount to €700 per bond, resulting in a total deduction of €7,000,000.

Each bond can be converted into 25 shares, calculated by dividing the face value of the bond (€10,000) by the conversion price per share (€400). This conversion ratio determines the number of shares each bond can be converted into.

Whether a rational investor will change their bonds into shares depends on the market price of the shares and the investor's expectations. If the current market price of the shares (€370) is lower than the conversion price (€400), it may not be advantageous for the investor to convert the bonds into shares. However, if the market price exceeds the conversion price, it may be beneficial for the investor to convert the bonds into shares.

If the bondholder is interested in becoming a shareholder of the company, their decision to convert the bonds into shares may be influenced by factors such as their confidence in the company's future prospects, potential dividends, voting rights, and overall investment strategy. The bondholder's interest in becoming a shareholder can impact their decision to convert the bonds into shares.

In conclusion, the company Kermett will receive €9,250,000 from the issue of the convertible bond after deducting the issuing costs. Each bond can be converted into 25 shares. The decision to convert the bonds into shares depends on the market price of the shares, the investor's expectations, and whether the bondholder is interested in becoming a shareholder of the company.

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How is a credit union different from a bank?
O Acredit union offers services to companies instead of individuals.
A credit union only offers credit, it does not store money.
Acredit union is usually larger than a bank.
O A credit union is owned by its customers.

Answers

Answer:

a credit union is owned by its costumers (D)

Explanation:

i took the assignment!!

what happens if you overdraw your checking account?

Answers

Answer:

Your bank can close your account and report you to a debit bureau, which may make it hard for you to get approved for an account in the future.

how does the financial system minimizes individual risk?

Answers

Answer:

To manage credit risk, the organization has to maintain credit exposure within the allowed bounds. One successful technique is via a risk assessment algorithm that evaluates how much a bank stands to lose on loan portfolio. Furthermore, loan choices are frequently dependent on the potential borrower's credit score and report.

Explanation:

Hope this helps!

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Poitioning" i a marketing management aid that refer to: _________ A. How cutomer think about propoed and/or preent brand in a market

Answers

Positioning is a marketing management tool that describes how consumers perceive existing and/or potential brands in a certain market. So, the suitable option will be option (a).

Give a brief account on marketing management.

Marketing management applies economics and competitive strategy techniques to analyze the business environment in which the organization works. Marketers use SWOT analysis to focus on the relative competitive strengths and weaknesses of each competitor in the market as they create extensive profiles of each competitor. Marketing managers will look at each rival's cost structure, profit sources, assets, and capabilities as well as its competitive positioning, product differentiation, level of vertical integration, past responses to market changes, and other elements.

Market and marketing research are frequently conducted by marketing management in order to undertake marketing analysis. Although there are many techniques used by market researchers, the following are some of the most common ones :

Focus groups and different kinds of interviews are examples of qualitative marketing research.statistics surveys are examples of quantitative marketing research.experimental methods, including test marketsTechniques of observation like ethnographic (on-site) observation

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The complete question is mentioned below :

"Positioning" is a marketing management aid that refers to:  ______

A) how customers think about proposed and/or present brands in a market.

B) a product's ability to provide both immediate satisfaction and social responsibility.

C) how a firm approaches customer relationship management.

D) a firm's ability to distribute products through intermediaries who are in the right position to reach target customers.

E) all of these alternatives are true.

the production possibilities frontier illustrates question 15 options: the trade-off between efficiency and equality. the combination of output that an economy should produce. the combination of output that each member of society should consume. none of the above is correct.

Answers

The production possibilities frontier (PPF) illustrates the combination of output that an economy can produce given its available resources and technology. Therefore the correct option is option A.

The PPF represents the greatest number of two things that can be produced with a given set of resources, providing that all resources are completely utilised and efficiently managed.

The PPF exemplifies the notion of opportunity cost, which is the expense of choosing one choice over another in terms of the rewards of the next best alternative foregone.

The PPF illustrates the trade-offs that an economy has when allocating resources among different products and services, and it serves as a useful tool for analysing economic growth, efficiency, and resource allocation. Therefore the correct option is option A.

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Which expenditure will be the same whether you lease or buy a new vehicle?

total cost
monthly payments
gas cost
required down payment

Answers

Answer:

Gas Cost

Explanation:

Just took the Exam on Ingenuity

The expenditure that will be the same whether you lease or buy a new vehicle is :

C) Gas Cost

The expenditure that will be the same whether you lease or buy a new vehicle is a Gas Cost.The gas cost cannot be determined by whether the car is bought or leased.

Thus, the correct answer is C.

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A business owned by only one person is called a____

A - corporation
B - sole proprietorship
C - partnership
D - limited liability company

Answers

B - sole proprietorship

The data on price and quantity purchased relating to a commodity for 10 months are given
below:Calculate coefficient of correlation between price and quantity.

Answers

Price and number of goods purchased are inversely correlated. Consequently, price rises as quantity rises.

What is data on price ?

Pricing Data is accurate information on the costs of goods that are strikingly comparable to those being purchased. Prices are used interchangeably in this definition to refer to actual selling prices as well as suggested or prospective selling prices. Data pertinent to both primary and subcontract prices are referred to in the definition. Data may consist of specific costs, weights, addresses, names, ages, temperatures, dates, or distances, for instance. Data is a basic type of knowledge and has no meaning or use by itself. In other words, facts must be interpreted in order to have any significance. A pricing list again for new term has been sent by the Contractor to authorized buyers.

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vowels pronounced with the same fundamental frequency but differing in vowel quality

Answers

Vowels that are pronounced with the same fundamental frequency but differ in vowel quality are known as formants. The formants are the resonant frequencies of the vocal tract that determine the quality of a vowel sound.

The first formant, or F1, is primarily responsible for the perception of vowel height, while the second formant, or F2, determines vowel frontness or backness. Other formants, such as F3 and F4, also play a role in shaping the vowel quality. When two vowels have the same fundamental frequency but different formant frequencies, they can be distinguished by their different vowel qualities. This is why we can perceive and distinguish between different vowel sounds even when they have the same pitch.


In English, there are five vowel letters (A, E, I, O, U), but they can represent multiple vowel sounds, which vary in quality due to differences in tongue position, lip rounding, and mouth shape. When two vowels are pronounced with the same fundamental frequency, their pitch remains the same, but their vowel quality makes them distinct to the listener. For example, the vowels in "bit" and "bet" have different qualities but can be spoken at the same frequency.

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hellp! WILL GIVE 30 POINTS!!

Alexis and Damian are both taking a course on picking a career. They go to the same art club so they both know what they enjoy doing. Surprisingly, Alexis and Damian might find careers in the Architecture and Construction Career Cluster that allow them to express themselves through art. Create a list of possible jobs in this cluster that could use an artistic person and explain a task that each job does that the two students might particularly enjoy.

*Dont answer for points, cuz I've gotten scames so many times :/

Answers

Answer:

A few jobs that express how you feel through art are house remodeling because you can decorate with things that make you happy or that show how you feel, professional painter because you can paint how you feel, and a gardener because you make the garden look like something that expresses how you feel.

Explanation:

Hope this helps! Just make sure to edit it a little so that you don't get in trouble! :)

demand for cartel output depends on ______________ between firms and is explained by the kinked demand curve.

Answers

The demand for cartel output depends on the interdependence or mutual agreement between firms and is explained by the kinked demand curve.

In a cartel, firms collaborate to coordinate their actions and restrict competition by collectively setting output levels and prices. The demand for the cartel's output is influenced by the understanding and cooperation among the cartel members. The interdependence between firms means that their decisions regarding production levels and pricing strategies affect each other's profits and market outcomes.

The kinked demand curve is a graphical representation of the interdependence in a cartel. It shows a relatively elastic demand curve for price increases above the prevailing market price and a relatively inelastic demand curve for price decreases below the prevailing market price. The kink in the demand curve reflects the assumption that rival firms will match price decreases but not price increases, leading to a more stable market price around the existing level.

The kinked demand curve model suggests that if one firm in the cartel decides to increase prices, other firms are likely to not follow suit and instead maintain their prices. This is because they anticipate that customers will switch to lower-priced alternatives if they raise prices, resulting in a significant loss of market share. Conversely, if one firm decides to lower prices, other firms are expected to match the price decrease to avoid losing customers.

Therefore, the demand for cartel output depends on the understanding and coordination between firms, as represented by the kinked demand curve. The model highlights the strategic behavior and interdependence of firms in a cartel setting.

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microsoft corp. reported earnings per share of $1.20 in 2006 and $2.10 in 2016. at what annual rate did earnings per share grow over this period? (round your answer to 1 decimal place.)

Answers

The annual rate at which earnings per share grew over the period is 4.9 percent.

The rate at which earnings per share increased can be determined by finding the compound annual growth rate (CAGR) using the following formula:

CAGR = [(Ending Value / Beginning Value)^(1/Number of Years)] - 1

where Ending Value is the value at the end of the period, Beginning Value is the value at the beginning of the period, and Number of Years is the length of the period in years.

Substituting the values for the beginning and ending values and the number of years, we get:

CAGR = [(2.10 / 1.20)^(1/10)] - 1 = 0.0486, which rounds to 4.9%.

Therefore, earnings per share grew at an annual rate of 4.9% over the period.

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in one paragraph highlight the characteristics of an entrepreneur​

Answers

Answer:

Im not going to type a whole paragraph but ill give you some ideas.

Explanation:

An entrepreneur​ is someone who does many things like owning a buisness or having many hobbies .

Entrepreneurship starts with an idea. To be successful, you need to always be thinking of new ideas and better ways of doing things.

Entrepreneurs are not satisfied with the status quo. They think outside the box and look for opportunities to come up with new solutions.

Perhaps the most important characteristic for entrepreneurs, passion is essential to any business owner or working professional's success. Without passion, there is no reason for your work and no drive to do it.

Entrepreneurs love what they do and are extremely dedicated to the businesses they create. To be successful, you must be confident in yourself and your business, and you must be proactive with what you do and how you do it

Because of their passion for their ideas, entrepreneurs are willing to put in the long hours and hard work required to launch and run a successful new business. Are you self-motivated? Entrepreneurs are their own boss, which means there's no one telling them to do things. You must be in charge of your own time and how you spend it.

Entrepreneurs always look on the bright side and are constant dreamers. They look at how they can do things better and make the world a better place. They never dwell on the past or the negative. Instead, they focus on moving forward and moving up.

When they're confronted with challenges, entrepreneurs don't see them as problems; they see them as opportunities. Challenges fuel entrepreneurs and make them reach higher and do more.

Because entrepreneurs are focused on moving forward, they are always looking toward the future. Entrepreneurs are very goal-oriented and know exactly what they want. They set their goals and everything they do is aimed at achieving those goals.

Having a strong vision helps propel you toward accomplishment. Consider setting a goal for yourself - a north star that can guide you on your path to success.

To be successful in business, you have to know business. If you're a people person and know how to get people to listen to you, you could be a successful entrepreneur.

Especially when first starting out, entrepreneurs need to gain buy-in from those around them on their big idea. If it's an out-of-the-box idea, which it usually is, many people will be skeptical before giving their support or investing any money. That's why entrepreneurs need to use their persuasiveness to sell themselves and their ideas.

Entrepreneurs know how to adapt to unfamiliar situations. If their business requires that they learn how to build a website or send an invoice, they'll do it. Whatever it takes, entrepreneurs are ready and willing. They always approach things with an open mind and are willing to change course if they need to.

Entrepreneurs do not shy away from challenges or conflicts. Instead, they face them head on and come up with a solution. They know how to solve problems effectively.

Entrepreneurs also know how to make the most of what they have. Time, money and effort are never used haphazardly. Everything has a plan and a purpose.

Entrepreneurs know that to be successful, they must be willing to take risks. While they don't mind walking on the wild side, they don't take risks lightly. They know how to plan for the unknown and make a calculated decision that is best for them and their business.

There is no room for procrastination in business. Entrepreneurs know what needs to be done and don't hesitate to make the decisions that will lead them to success. They don't let opportunities pass them by; instead, they seize the day and get the job done.

I hope it helps

If it's too long you can edit it to your choice

Bart, Inc., a newly organized corporation, uses the equity method of accounting for its 30% investment in Rex Co.'s common stock. During 20X5, Rex paid dividends of $300,000 and reported earnings of $900,000. In addition: The dividends received from Rex are eligible for the 80% dividends-received deduction. All the undistributed earnings of Rex will be distributed in future years. There are no other temporary differences. Bart's 20X5 income tax rate is 30%. The enacted income tax rate after 20X5 is 25%. In Bart's December 31, 20X5 balance sheet, the deferred income tax liability should be

Answers

Answer:

The right answer is "$9,000". A further explanation is given below.

Explanation:

The given values are:

Rex paid dividends,

= $300,000

Reported earnings,

= $900,000

Investment,

= 30%

Taxable rate applicable,

= 25%

Now,

Throughout the future years, the amount of dividends taxable will be:

= \((900,000 - 300,000)\times 30 \ percent\)

= \(180,000\) ($)

Dividends received deduction will be:

= \(180,000\times 80 \ percent\)

= \(144,000\) ($)

then,

Net taxable dividend will be:

= \(180,000-144,000\)

= \(36,000\)

hence,

Deferred tax liability will be:

= \(36,000\times 25 \ percent\)

= \(9,000\) ($)

A source for conducting formal research would include _____.
a.
observations
b.
interviews
c.
written reports
d.
personal ideas


Please select the best answer from the choices provided

A
B
C
D

Answers

Answer:

C. written reports

Explanation:

edge 2020, I just took the test and it was c not a.

Answer:

C

Explanation:

krysta wants to take piano lessons. she asked a teacher how many new pieces she could expect to learn each month. the teacher gave an estimate of 3. write an equation that shows how the total number of pieces krysta would learn, y, depends on the number of months of piano lessons, x.

Answers

The required equation is y = 3x which represents the total number of pieces Krysta would learn, where x months of piano lessons.

What is the Linear equation?

A linear equation is defined as an equation in which the highest power of the variable is always one.

Krysta wants to learn to play the piano. She inquired with an instructor about the number of new pieces she could anticipate studying each month. The teacher estimated three.

Let y represent the total number of pieces Krysta would learn,

And x represent depends on the number of months of piano lessons,

According to the given situation, we can write the equation would be as:

⇒ y = 3x

Therefore, the required equation is y = 3x which represents the total number of pieces Krysta would learn.

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mueller inc. utilizes a periodic inventory system. when mueller incurs shipping costs for purchased goods, the account debited should be

Answers

As Mueller Inc. utilizes a periodic inventory system, if its incurs a shipping costs for purchased goods, then, the account debited should be a separate freight-in account.

What should be known about periodic inventory system?

In accounting, the periodic inventory system only updates the ending inventory balance in the general ledger when a physical inventory count is conducted and since this physical inventory counts are time-consuming, few companies do them more than once a quarter or year.

However, the inventory account in the accounting system still continues to show the cost of the inventory that was recorded as of the last physical inventory count.

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A company has deposited an NSF check in its bank account. Which adjustment must be done in the bank reconciliation statement?
A. The amount must be added to the checkbook balance.
B. The amount must be deducted from the checkbook balance.
C. The amount must be added to the bank balance.
D. The amount must be deducted from the bank balance.

Answers

Answer:

B. The amount must be deducted from the checkbook balance.

Explanation:

A bank reconciliation mainly computed by an accountant, gives the difference between the balance in relation to the bank statement and the cash balance with respect to the accounting records of the depositor in a particular financial institution.

In Financial accounting, a bank statement can be defined as an official summary or list of financial transactions, which typically comprises of the amount of money that has been paid into or withdrawn from an account by an individual or business entity over a specific period of time.

Generally, a bank statement usually has the following information charges, deposits, withdrawals, including the opening and closing balance for each account held at a given the period. Thus, bank customers are advised to frequently reconcile their records with bank statements in order to prevent not-sufficient funds (NSF) checks.

A not-sufficient funds (NSF) checks refers to a check that isn't honored by the bank of the issuer due to the fact that the individual or business entity has an insufficient fund. It is also known as a bounced or bad check

In this scenario, a company has deposited an NSF check in its bank account. The adjustment which must be done in the bank reconciliation statement is that, the amount must be deducted from the checkbook balance.

psychological pricing involves setting prices which end and certain numbers while odd-even pricing as setting

Answers

Psychological pricing is a pricing strategy that involves using specific numbers to influence a customer's perception of the value of a product or service.

This can include using odd numbers, such as $9.99 instead of $10, to make a product seem more affordable or using round numbers, such as $1000, to convey a sense of quality and luxury.

Settings are also important in psychological pricing. For example, prices may be set differently in different geographic locations or for different customer segments. Online retailers may use dynamic pricing, adjusting prices in real-time based on factors such as demand, inventory levels, and competitors' prices.

Odd-even pricing is a specific type of psychological pricing that involves setting prices that end in odd or even numbers. The idea behind this strategy is that odd prices, such as $7.99, seem more affordable than even prices, such as $8.00. However, even prices can be perceived as more professional or high-end.

Overall, psychological pricing and setting strategies are important tools for businesses to influence customer perceptions and maximize profits. By understanding the psychology of pricing, businesses can effectively set prices that appeal to their target market and improve their bottom line.

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In two or three sentences, write a brief ending you might use in an interview to be courteous and positive about following up.

Answers

Answer:

Explanation:

The following would be a good way to end an interview.

It has been very interesting learning how the company works and the different tasks involved with the position. I would be very excited to get a chance to contribute to the team. Is there any other additional information or documentation that you will need from me? If so I would be glad to get it for you for our next meeting.

This ending would show your interest in the job and courteously set up further interactions.

a. How many more people were working in agri-
cultural jobs in the traditional economy than in
the market economy?

Answers

In the traditional economy there were hundreds more people working than in the market economy

The market economy is an economic term characterized by:

A system of economic relations based on sale and exchangeThe state does not play a decisive role and in which decisions are made by each economic entity independentlyA market economy is characterized by private property

On the other hand, the traditional economy is characterized by:

They are based on traditional economic activities such as agriculture and harvestingFocuses on survivalHas a reduced economic surplus

According to the above, in a traditional economic system, more people are working in agriculture than in the market economy because the market economy is based on industrial production and exchange.

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