Is marginal profit equal to marginal revenue?

Answers

Answer 1

No, marginal profit and marginal revenue are not equal.

Marginal profit is the increase in total profit resulting from selling one more unit of a product. It is calculated by subtracting the variable cost of producing that unit from the additional revenue generated by selling it.

Marginal revenue, on the other hand, is the increase in total revenue resulting from selling one more unit of a product. It is the change in total revenue that results from a one-unit change in the quantity sold.

In a perfect competition market, the marginal revenue is equal to the price of the good, but in a monopolistic competition or oligopoly, the marginal revenue is less than the price of the good, due to the decrease in total revenue resulting from the decrease in the quantity sold.

Therefore, marginal profit can be equal to marginal revenue only when the variable cost is zero and the market is perfectly competitive. In any other case, the marginal profit will be less than the marginal revenue.

It's important to note that businesses aim to maximize profit, not revenue, and that the difference between marginal revenue and marginal profit is an important factor in determining the optimal output level for a business.

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Related Questions

Why do we record Direct deposits into the CPJ

Answers

Explanation:

Because those payments are done for creditors, repayment of loans and other expenses

The calculation for ________ considers a customer’s product or service usage rate, their loyalty to the company, and the firm’s cost to serve that customer over time.

Answers

The calculation for customer lifetime value considers a customer’s product or service usage rate, their loyalty to the company, and the firm’s cost to serve that customer over time.

Customer lifetime value (CLV), commonly referred to as lifetime value (LTV), is the profit margin which is expected by the  company  to earn over the lifetime of their business relationship with the average customer.

In order to calculate customer lifetime value, first of all calculate the lifetime value by multiplying the average value of the sales, the average number of transactions, and the average customer retention period followed by the company.

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How is a c-snp or d-snp member's care management health risk levels determined initially?

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Initially determines the management of Elderly patients above 60yrs.


What is a special need plan (SNP)?

The member fills out a Health Assessment, which includes a series of inquiries regarding their health and any assistance they might require with everyday tasks.

A Special Needs Plan (SNP) is a Medicare Advantage (MA) Coordinated Care Plan (CCP) established to give these people with special needs customized care and services.

According to the Centers for Medicare and Medicaid Services, "special needs individuals" include those who have severe or disabling chronic diseases, are enrolled in Medicare-Medicaid, or are institutionalized beneficiaries.

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Cost-volume-profit analysis is used to predict how changes in _____ levels affect profit.multiple choicefixed and variableproduction and salescosts and salessales and production

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High.

Cost-volume-profit (CVP) analysis is a way to find out how changes in variable and fixed costs affect a firm's profit. Companies can use CVP to see how many units they need to sell to break even (cover all costs) or reach a certain minimum profit margin.

The point of CVP analysis is to determine how changes in variable and fixed costs will affect profits. The three main elements are cost, sales volume, and price. A CVP analysis looks at how these elements influence profit.

All costs can be resolved into fixed and variable elements. (ii) Over the activity range being considered costs and revenues behave in a linear fashion. (iii) The only factor affecting costs and revenues is volume. (iv) The technology, production methods, and efficiency remain unchanged.

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If the cpi was 90 in 1975 and is 225 today, then $100 today purchases the same amount of goods and services as:________

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If the CPI was 90 in 1975 and is 225 today, then $100 today purchases the same amount of goods and services as purchased in 1975. The tool used to gauge inflation is the consumer price index (CPI). It is used to calculate the typical difference in pricing of household goods between two specified periods.

It is an overall assessment of product pricing trends while maintaining quality. It appears in the Official Journal each month. Numerous private contracts, including those involving alimony, annuities, and the minimum salary, are linked using the price index . The index of "Households that belong to the lowest equivalized disposable amount  quintile.

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You know that spreadsheets work well for processing and analyzing a small dataset, like the one you’re using. to get the data from the database into a spreadsheet, what should you do?

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To get the data from the database into a spreadsheet, we should do: Download the data as a . CSV file, then import it into a spreadsheet.

Databases are collections and combinations of interrelated organized information that can easily be accessed, managed, updated, and can modify.

Database systems are essential to your business, and school because they communicate information related to your sales transactions, product inventory,  and marketing activities.

Data is typically stored electronically in a computer system. A database is usually controlled by a database management system (DBMS).

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All city realty, inc. issued shares of stated value common stock for per share. the journal entry to record this transaction includes a credit to?

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When shares are issued like All City Realty Inc did, the journal entry to record it will include a credit to  Paid-In Capital in Excess of Stated-Common for $49,000.

How will All City Realty record the transaction?

The entire amount that was earned from the share issuance is:

= 7,000 x 11

= $77,000

This entire amount will go to the cash account as a debit to show that the cash account is increasing in value.

The amount to the common stock is:

= Stated value x number of shares

= 4 x 7,000

= $28,000

This amount will be credited to the Common Stock account to show that it is increasing.

The difference is:

= 77,000 - 28,000

= $49,000

This amount will be credited to the Paid-In Capital in Excess of Stated-Common.

In conclusion, option A Paid-In Capital in Excess of Stated-Common for $49,000 is correct.

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True or false: when investors purchase shares of stock from a corporation, it is recorded by the corporation as investments in securities.
A. True
B. False

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True, investing in stocks entails purchasing stock in a publicly traded company. Those small shares are referred to as company's stock, by investing in it, you are hoping that company will grow and perform well over time. A stock is a financial investment in a particular company.

When you buy a stock, you are purchasing a share small portion of the company's earnings and assets. Company raise funds by selling shares of stock in their company; investors can then buy and sell those shares among themselves. You can buy stocks through the broker's website after opening and funding your account. 

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Which method for determining an imc budget attempts to link promotional dollars with sales objectives?

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The share of market/share of voice method of developing an IMC budget is an attempt to link promotional dollars with sales objectives.

While share of voice measures the brand awareness on a particular channel, market share on the other hand, is the percentage of a market that a single company controls by revenue or number of customers.

Basically, share of voice helps you understand how popular your brand is compared to all your competitors. It has been proven that a brand's share of voice tends to correlate with its share of the revenue and market.

Integrated marketing communication (IMC) can be defined as the process used to unify marketing communication elements, such as public relations, social media, business development principles, and advertising.

Hence, the share of market/share of voice method helps in developing an IMC budget which attempt to link promotional dollars with sales objectives.

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The main monitoring and controlling tasks performed as part of project scope management are _____ scope and controlling scope.

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The main monitoring and controlling tasks performed as part of project scope management are validating scope and controlling scope.

What is a project scope management?

This refers to the exact total amount of work which must be done in order to deliver a product, service or intended result with specified functions and features.

Some process in the Project Scope Management are:

Collect Requirements.Define Scope.Create WBS.Verify Scope.Control Scope.

Also, the Project Scope Management  includes everything that must go into a project and what defines its success.

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Which research method allows in-depth feedback and firsthand interaction, but only measures how easy it is to use a product

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The research method allows for in-depth feedback and first-hand interaction, but only measures how easy it is to use a product, is the usability study.

What is the Usability Study?

Corresponds to a research practice used by companies to test the use of a product before its official launch, making it available to a small number of users to test its features, benefits and improvement needs.

Therefore, the usability study helps a company to achieve its real goals, improving some features and improving it until its market launch.

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In an adaptive or change - driven project life cycle: Group of answer choices the waterfall approach is commonly used. the product is well understood. early results lead into planning later work. all planning precedes all executing.

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In an adaptive change-driven project life cycle early results lead into planning later work.

What is Management?The administration and coordination of tasks to accomplish a goal is management. Setting the organization's strategy and organizing staff efforts to achieve these goals through the application of resources available are examples of such administration activities. The seniority system used for staff workers inside a company is also referred to as management.You must acquire a variety of abilities, such as planning, communication, organization, and leadership, in order to be a successful manager. Additionally, you will require in-depth knowledge of the company's objectives and how to guide personnel, sales, and other activities toward achieving them. Although managers' responsibilities vary depending on their business and area of employment, most of them involve the same fundamental tasks.

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Union leaders favor a standard rate of pay for each job (versus a pay range) because: Question 25 options: They distrust management merit/performance appraisal systems. A standard pay rate pays senior employees more. A pay range does not allow for merit increase. Supervisors have input in determining individual pay levels.

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Union leaders favor a standard rate of pay for each job (versus a pay range) because A) they distrust management merit/performance appraisal systems.

Performance control is an ongoing process. all through the 12 months, managers are endorsed to have interaction with employees to establish desires, notice progress, and offer comments. Formal evaluations or appraisals regularly take region on a yearly or quarterly basis.

Performance appraisals are used to review the task performance of an employee over a few time frame. those reviews are used to highlight both strengths and weaknesses on the way to enhance destiny's overall performance.

A benefit-based totally performance appraisal machine encourages cooperation among personnel. makes use of pre-described criteria/requirements to rate the performance of employees. normally has an unfastened distribution, which allows any number of employees to be rated at any stage. Typically involves relative measures.

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________________ is the next best alternative that had to be sacrificed (given up) to pursue a certain undertaking.

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Opportunity cost is the next best alternative that had to be sacrificed (given up) to pursue a certain undertaking.

The loss of value or benefit that would result from engaging in a certain activity option in comparison to engaging in an alternative activity that offers a higher return in value or benefit is known as the opportunity cost.

Opportunity cost is the profit that is forfeited when one option is chosen over another. The idea serves merely as a reminder to weigh all viable options before making a choice. For instance, you decide to invest $1,000,000 in a line of goods that will yield a 5% return.

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If the price of U.S.-produced goods becomes relatively less expensive compared to foreign-produced goods, ____________ increase(s).

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If the price of U.S.-produced goods becomes relatively less expensive compared to foreign-produced goods, net export increases.

Aggregate demand increases while the additives of combination call for–along with intake spending, investment spending, government spending, and spending on exports minus imports upward thrust.

A second cause the mixture call for curve slopes downward lies inside the courting among hobby prices and investment. A decreased price level lowers the call for cash because much less money is required to buy a given amount of goods.

As the home price degree rises, foreign‐made items end up pretty inexpensive in order that the call for for imports will increase. But, the upward thrust within the domestic fee degree additionally approaches that domestic‐made goods are extraordinarily greater expensive to overseas shoppers in order that the demand for exports decreases.

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Revenues, gains, and investments by owners are all increases in net assets. what are the distinctions among them?

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Investments by owners differ from revenues and gains, as in that they represent transfers by owners to the entity, and they do not arise from activities intended to produce income.

Revenues are increases in assets resulting from a business. Gains are increases in assets from out of the ordinary activities. Thus, investments by owners differ from revenues and gains.

Both revenues and gains can be considered as income or part of the income. Revenues differ from gains, as in that they arise from the entity's ongoing major or central operations. Gains arise from incidental transactions.

Hence, revenues, gains, and investments by owners are all increases in net assets.

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The real interest rate adjusts the nominal interest rate for:__________.
a.government controls.
b.inflation.
c.exchange rate movements.
d. income growth.
e. none of these are correct.

Answers

The real interest rate adjusts the nominal interest rate for inflation. Price increases, or inflation, can be thought of as the gradual loss of purchasing power.

The average price increase of a selection of products and services over time can serve as a proxy for interest rate at which buying power declines. A unit of currency effectively buys less as a result of the increase in pricing. Deflation, which happens when prices fall and buying power rises, can be compared to inflation. Inflation enables a single value representation of the rise in the cost of goods and services over time in an economy.

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In many professional sports leagues, one team is not allowed simply to purchase a player from another team, so they have to trade which requires:

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In many professional sports leagues, one team is not allowed simply to purchase a player from another team, so they have to trade which requires:  a double coincidence of wants.

What is Trade Sport?

In professional sports within the United States and Canada, a trade is a sports league transaction between sports clubs involving the exchange of player rights from one team to another. Though player rights are the primary trading assets, draft picks and cash are other assets that may be supplemented to consummate a trade, either packaged alongside player rights to be transferred to another team, or as standalone assets in exchange for player rights and/or draft picks in return. Typically, trades are completed between two clubs, but there are instances where trades are consummated between three or more clubs.

Trades only involve players who are under contract with their current teams. Free agent players, whose contracts have expired, cannot be traded by their former teams, and are free to join a different team.

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Why do you think companies are moving toward flatter, more organic structures? Do you think this is appropriate?

Answers

Answer:

shortage out of stock and the is no more fresh grown food

contains funds you have in your bank checking account as travelers' checks and the currency in circulation in the economy.

Answers

M1 contains funds you have in your bank checking account as travelers' checks and the currency in circulation in the economy.

What exactly is M1?

Currency, demand deposits, and other liquid deposits, such as savings accounts, make up M1, which is the money supply. Due to the fact that M1 contains assets and currencies that are either already cash or can be swiftly changed into cash, it is the most liquid element of the money supply. M2 and M3's "near money" and "near, near money," which fall under these categories, cannot, however, be changed to money as rapidly.

How to Determine M1?

The coins and notes of the Federal Reserve that are in circulation outside of the vaults of depository institutions and the Federal Reserve Banks make up the M1 money supply, also known as bills or paper money. The mainstay of a country's monetary system is paper money.

M1 also comprises demand deposits, other checkable deposits (OCDs), traveler's checks (issued by non-banks), NOW accounts at depository institutions, and credit union share draft accounts.

M1 covers securities that are easily redeemable and in circulation for the majority of central banks. However, the term varies a little bit depending on where you are.

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In maximizing profits, a single-price monopolist will charge a price that is:

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In maximizing profits, a single-price monopolist will charge a price that is greater than marginal cost.

The profit-maximizing choice for the monopoly will be to supply at the quantity wherein marginal sales are identical to marginal price: this is, MR = MC. If the monopoly produces a lower quantity, then MR > MC at those degrees of output, and the firm could make better income through increasing output.

Income maximization for a monopoly charging a single price will arise in which marginal revenue is the same as marginal cost. it's miles crucial to note that this gives the earnings maximizing quantity however the fee is determined by means of going as much as the call for the curve.

The monopolist's income maximizing level of output is determined by equating its marginal sales with its marginal value, that's the same profit-maximizing circumstance that a superbly aggressive firm uses to decide its equilibrium stage of output.

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Why do businesses curb or express concern about the amount of time employees use computers for personal communication while they're on the job

Answers

Employees use it to take a break from difficult work. Businesses curb or express concern about the number of times employees use computers for personal communication while they are on the job.

What are work ethics?

Work ethic is the conviction that hard work and perseverance have moral benefits and an innate capacity, virtue, or value to develop one's abilities and character. It is a set of ideas centered on the value of labor and exhibited by the will or desire to put in a lot of effort.

Following corporate policies, communicating effectively, accepting responsibility, being accountable, being professional, and having faith in and respect for your coworkers at work are all examples of ethical workplace behavior. These illustrations of moral behavior guarantee the highest level of output at the workplace.

Strong work ethic individuals are dependable, committed, productive, cooperative, and self-disciplined.

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Some union agreements state that current employees must be informed of upcoming new openings. This practice is called job?

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Some union agreements state that current employees must be informed of upcoming new openings. This practice is called internal job posting or just posting.

When company gets new vacancy first they should give opportunity to internal employees rather than going external. Giving opportunity to current employees increases their motivational level. This also sends a positive message to employees that company thinks of their growth and career advancement and they work for the organization more seriously.

This process also helps company by saving it's time and cost as posting can be done easier because employees can be found within the firm and employer can get right feedback of the employee plus it provides short learning curve.

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You received a signed broker-to-broker transfer initiation form (TIF) from an established customer desiring to transfer a specifically designated part of his account to your firm, which is eligible to use the Automated Customer Account Transfer Service (ACATS). Your firm is obligated to submit the transfer instruction to the carrying member by establishing the instruction in the ACATS

Answers

Your firm must submit the transfer instruction to the carrying member through the ACATS A) Immediately.

What is the Automated Customer Account Transfer Service (ACATS)?

The Automated Customer Account Transfer Service (ACATS) is a standardized and automatic system sanctioned by the Financial Industry Regulatory Authority (FINRA) that transfers financial securities in customers' accounts from one brokerage firm or bank to another.

Under the FINRA's Uniform Practice Code, a customer may transfer some or all of their securities.

Thus, the FINRA's Uniform Practice Code requires that your firm immediately forwards the TIF to the next broker.

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Question Completion with Answer Options:

What does FINRA's Uniform Practice Code require?

A) Immediately.

B) within 1 business day.

C) within 3 business days.

D) within 2 business days.

Who seek out research and buy rent or lease products or services offered by a business

Answers

External customer seek out research and buy rent or lease products or services offered by a business The people or organizations that purchase goods from an individual or a business are known as external customers.

The idea is clear enough to be explained with the help of a few examples: An individual purchases an automobile from a new car dealer (this individual is the new car dealer's client). The objectives for your external client can vary depending on your product or service,

Such as repeat business, recommendations, positive reviews, and other forms of corporate support. You may conduct formal or quick-pulse surveys as a follow-up after the purchase. When serving this group, "the customer is always right" is typically the driving philosophy, and the money they bring in is what keeps your business afloat.

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Who is responsible for maximizing the return on investment (roi)?

Answers

Product Owner is responsible for Return on investment(ROI). Return on investment (ROI) is a performance based metric that is used to assess the efficiency or profitability of an investment or to compare the efficiency of several investment.  

It aims to quantify the amount of return on a specific investment in relation to the cost of investment. It can be used to rate the investment in various projects or assets and create apples-to-apples comparisons.

Return on investment (ROI) does not account for time passing or the holding duration, which means it may not account for the opportunity costs of the investment.

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Social Security payments, welfare payments, and veterans' payments that the government makes directly to households are called government public payments.

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Social Security payments, welfare payments, and veterans' payments that the government makes directly to households are called government public transfer payments.

What are government public transfer payments?Transfer payments are initiatives by municipal, state, and federal governments to redistribute money to individuals in need. Social Security and unemployment insurance are popular types of transfer payments in the United States. Corporate bailouts and subsidies are not typically referred to as transfer payments.Government transfer payments include Social Security payouts, unemployment insurance benefits, and welfare payments. Taxes are considered transfer payments.

As it is given in the description itself, government transfer payments include Social Security payouts, unemployment insurance benefits, and welfare payments.

Therefore, Social Security payments, welfare payments, and veterans' payments that the government makes directly to households are called government public transfer payments.

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The question you are looking for is here:

Social Security payments, welfare payments, and veterans' payments that the government makes directly to households are called government public _____ payments.

is a US veteran exempt from income requirements in petitioning for foreign spouse already in the US?

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The average minimum annual income needed to apply for a green card on behalf of a spouse or family member is $22,887 is a US veteran exempt from income requirements in petitioning for foreign spouse already in the US.

Why income requirements in petitioning for foreign spouse already in the US?

The average minimum annual income needed to apply for a green card on behalf of a spouse or family member is $22,887. This is presuming that the sponsor, a citizen of the United States or a person who currently holds a green card, is not serving in the military and is only sponsoring one relative.

According to the charts below, the amount of income needed increases as the size of the family does. Additionally, residents of Alaska and Hawaii will pay more than those of the District of Columbia, the 48 contiguous states, and the US territories.In general, your annual income as a sponsor equals the amount you declared on your most recent federal income tax return (not a state form). This sum is as of the 2021 tax year. Before naturalizing, spouses often need to be lawful permanent residents. The service member must submit Form I-130, Petition for Alien Relative, along with the biometrics fee, and the spouse must submit Form I-485, Application to Register Permanent Residence or Adjust Status.

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Two partners own equal shares in a business worth a total of $1,000,000. If they both commit to the purchase of a life insurance policy that will fund a Buy-Sell Agreement, which of the following is True

Answers

D) Each partner owns a $500,000 policy on their partner's life.

The amount of coverage is equivalent to each accomplice's share of the commercial enterprise. While one partner dies, the opposite companion gets the loss of life benefit from the lifestyle insurance of the deceased accomplice, which is then used to buy the deceased accomplice's ownership of the commercial enterprise.

The motive of key man or woman insurance is to mitigate the loss to the economic company due to the lack of existence of a key employee. All of the following beneficiaries get to maintain the dying advantages exempt from probate: partner.

In case you are a task supervisor, you might be wondering if you need to buy coverage. Assignment managers want to shop for coverage. At the least, all venture managers have to have prison responsibility coverage. In case you do not have felony duty coverage, a lawsuit can also need to take a big part of your income.

Your question is incomplete. Please find below the complete question.

Two partners own equal shares in a business worth a total of $1,000,000. If they both commit to the purchase of a life insurance policy that will fund a Buy-Sell Agreement, which of the following is TRUE?

A)Each partner owns a $1,000,000 policy on their own life

B)Each partner owns a $1,000,000 policy on their partner's life

C)Each partner owns a $500,000 policy on their own life

D)Each partner owns a $500,000 policy on their partner's life

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An increase in the amount of excess reserves that banks keep _________ the value of the real-world deposit multiplier

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An increase in the amount of excess reserves that banks keep decreases the value of the real-world deposit multiplier.

The fundamental mechanism for producing money supply is the deposit multiplier, also referred to as the deposit expansion multiplier and controlled by the fractional reserve banking system.

As they lend out their reserves, banks produce what is known as checkable deposits. The amount of these newly made deposits depends on the bank's reserve requirement ratio and the amount of money that is available for loans.

The ratio of the checkable deposit amount to the reserve amount is thus known as the deposit multiplier. The reserve requirement ratio's opposite is the deposit multiplier.

A deposit multiplier reduces the chance that a bank won't have enough cash on hand to meet regular customer withdrawal requests. The amount of money it must have also depends on its reserve requirement ratio.

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(GIVING BRAINLYIEST)Write a description of the Federalist Viewswrite at least 15 words answer pleaseeeee ................. Which event made Americans believe that New Mexicans would be loyal toSpain or Mexico over the United States?A. The invasion by the ConfederacyB. The Spanish-American WarO c. The Revolt of 1847D. The Elkins handshake Step Two: Answer the question below using the framework provided.People disagree whether the United States should have gone to war against Mexico. Should the United States have declared war? Consider information from the lesson and maps to explain your claim with at least two reasons.The United States _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ because _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _. A second reason is _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _. The transfer of ____________ is achieved when eating and feeding exists In the diagram, JK is congruent to GI. Solve for x if HJ = 3x, HK = 2x, KI = 6x, and JG = 18 units. 3 Writing is very important because... PLEASE HELPI'm in health class and I have to write a story about a couple that wants to have a baby, and how they could create it. Please explain how babies are born explain budding (8marks) Cardiovascular fitness exercises usually improve the _____.skeletal systemmuscular systeminternal systemcirculatory system What are 3 main ideas for the tea pot scandal In your own words, create a definition for Learning Style. PLEASE HELP ASAP I WILL GIVE BRAINLY LIST FOR GOOD ANSWERS !!!!1. what effect did coal have on the have on the industrial revolution2. why is the north sea important to western europe ?3. Describe the agriculture of western europe.4. How is bronze made?5. what are the countries of western europe that the romans controlled?6. Describe how feudalism worked.7. How did guilds help cahnge life in western europe?8. what was one of the results of the plague?9. how did thinking change during the historical period know as the enlightenment?10. how did john locke's ideas affect the french revolution Which term refers to an authors opinion about the subject of the text? Please help!!!!!! I will give brainliest!! Is anyone available to help me with this ? I need a answer ASAP :(You have to match the structure to the correct function! Thanks to anyone that can be able to help :) it is the male part of the flower Common ratio of 1/2,1,2,4,8 Simplify. 12x155x+310+32x Enter your answer in the box. Do not use decimals in your answer. 19 points!!! plz help! 35x+0.10(100-x)whats the answer for this ive tried but cant figure it out someone help me!!!