When a firm is in a monopoly, it is the only supplier of a good or service in the market.
Therefore, it has the power to control the price of the product. For this reason, monopolies can increase their profit by setting a high price for their products.
The monopolist's profit-maximizing decision is to produce at the quantity where its marginal cost equals its marginal revenue.
Marginal cost is the cost of producing one more unit of the product, and marginal revenue is the revenue earned from selling one more unit of the product.
To determine the quantity and price that maximizes the monopolist's profit, we need to find the equation for marginal cost and marginal revenue.
Marginal cost can be found by taking the derivative of the total cost equation with respect to quantity :
MC = d(TC)/dQ = Q + 10
Marginal revenue can be found by taking the derivative of the demand equation with respect to quantity :
MR = d(P)/dQ = 70 - 2Q
Now we can set MC equal to MR and solve for Q:Q + 10 = 70 - 2QQ = 30
Plugging this value of Q into the demand equation gives us the price: P = 70 - Q = 70 - 30 = 40
Therefore, the maximum profit price is 40, and the maximum profit quantity is 30.
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state any 5 tpyes of legal requirements that will be required to a business
Home Goods has paid annual dividends of $.58, $.70, $.74, and $.75 per share over the last four years, respectively. The stock is currently selling for $15.00 a share. What is the cost of equity? 15.38 percent 17.13 percent 14.71 percent 12.79 percent 18.34 percent
The closest option to the calculated cost of equity is 14.71 percent.
What is the cost of equity?To calculate the cost of equity, we can use the dividend discount model (DDM). The cost of equity is the return expected by the shareholders, and it can be estimated using the formula:
Cost of Equity = Dividend / Current Stock Price + Growth Rate
We need to find the growth rate in dividends to use in this calculation. One commonly used approach is to calculate the average growth rate over the past four years. We can calculate the average growth rate using the formula:
Average Growth Rate = (Dividend in Year 4 / Dividend in Year 1) ^ (1 / Number of Years) - 1
Let's calculate the average growth rate first:
Average Growth Rate = \((0.75 / 0.58) ^ (1 / 4) - 1\)
≈ 0.0944 or 9.44%
Now we can calculate the cost of equity:
Cost of Equity = \(0.75 / 15 + 0.0944\)
≈ 0.05 + 0.0944
≈ 0.1444 or 14.44%
Therefore, the closest option to the calculated cost of equity is 14.71 percent.
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In Citation when you use the exact words from a source, you are ______________________.
Answer:
Quoting
Explanation:
or something along those lines
Sonia thinks she would like to work in the marketing field. Which student organization would be most likely to help her learn about these careers?
A. HOSA
B. DECA
C. SkillsUSA
D. NTHS
Answer:
B. DECA
Explanation:
DECA prepares emerging leaders and entrepreneurs in marketing, finance, hospitality and management in high schools and colleges around the globe.
deca
Paul Peterson has found a supplier of hole punches that offers quantity discounts. The annual demand is 20,000 units, the ordering cost is $100 per order, and the carrying cost is 0.5 of the unit price. For quantities that vary from 0 to 1,999, the unit price is $10. The price is $9.98 for quantities that vary from 2,000 units to 3,999 units and $9.96 for quantities that vary from 4,000 to 10,000 units. Should Paul take the quantity discount? Why, why not?
Yes, Paul should take the quantity discount because it will result in cost savings for his business.
To determine whether Paul should take the quantity discount, we need to compare the total costs of ordering and carrying the units with and without the discount. Without the discount, the unit price is $10 for quantities up to 1,999 units. Considering the annual demand of 20,000 units, Paul would need to place 10 orders, resulting in ordering costs of $1,000 (10 orders * $100 per order). The carrying cost would be $0.5 * $10 * 20,000 units, which equals $100,000. Therefore, the total cost without the discount is $101,000. With the discount, the unit price decreases to $9.98 for quantities between 2,000 and 3,999 units. Assuming Paul orders 4,000 units, he would need to place 5 orders, resulting in ordering costs of $500 (5 orders * $100 per order).which equals $99,800. Thus, the total cost with the discount is $100,300.
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The number of online buyers in Western Europe grew steadily over the past decade. The function P(t) = 28.2 + 14.44 In(t) (1 sts 7) gives the number of online buyers as a percent of the total population, where t is measured in years, with t= 1 corresponding to 2001. (a) What was the percentage of online buyers in 2001 (t = 1)? % How fast (in %/yr) was it changing in 2001? %/yr (b) What was the percentage of online buyers in 2003 (t = 3)? (Round your answer to one decimal place.) How fast (in %/yr) was it changing in 2003? (Round your answer to two decimal places.) %/yr Need Help? Read It
(a) The percentage of online buyers in 2001 was 28.2%, and it was changing at a rate of 14.44% per year.
(b) The percentage of online buyers in 2003 was approximately 44.1%, and it was changing at a rate of approximately 4.81% per year.
(a) To find the percentage of online buyers in 2001 (t = 1), we substitute t = 1 into the given function P(t):
P(1) = 28.2 + 14.44 * ln(1) = 28.2 + 0 = 28.2%
Therefore, the percentage of online buyers in 2001 was 28.2%.
To determine how fast the percentage was changing in 2001, we need to find the derivative of the function P(t) with respect to t and evaluate it at t = 1:
P'(t) = dP(t)/dt = 14.44 * (1/t) = 14.44/t
P'(1) = 14.44/1 = 14.44%/yr
Hence, the percentage of online buyers was changing at a rate of 14.44% per year in 2001.
(b) To find the percentage of online buyers in 2003 (t = 3), we substitute t = 3 into the given function P(t):
P(3) = 28.2 + 14.44 * ln(3) ≈ 28.2 + 14.44 * 1.0986 ≈ 28.2 + 15.876 ≈ 44.076%
Therefore, the percentage of online buyers in 2003 was approximately 44.1% (rounded to one decimal place).
To determine how fast the percentage was changing in 2003, we find the derivative of the function P(t) and evaluate it at t = 3:
P'(t) = dP(t)/dt = 14.44 * (1/t)
P'(3) = 14.44/3 ≈ 4.8133%
Hence, the percentage of online buyers was changing at a rate of approximately 4.81% per year in 2003 (rounded to two decimal places).
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An oil company hires an engineering firm to help them comply with environmental laws. What is this an example of?
Answer:
Human Capital
Explanation:
The engineering firm has the experience and certain skills that are able to help defining a Human Capital.
A travel company sells tours in Costa Rica on its website. Instead of designing the website themselves, the company hired an outside software development company to design, run, and manage the website for them. This is an example of Multiple choice question. accessing capabilities through a collaborative partnership. matching organizational structure to strategy. acquiring capabilities through mergers and acquisitions. internal development.
HELP PLSSS
Define what an "industry credential" is in relation to Career Technical Education.
•
Then explain
2 important reasons for acquiring industry credentials (also called technical certifications).
•
Your answer should include BOTH the definition and two reasons for acquiring them.
•
1. Definition of Industry Credential:
•
2. Two reasons for acquiring industry credentials or technical certifications:
Answer:
1. is a qualification or level of competence that is authorized by a relevant third party to the specific qualification. It's usually in written form.
2. a- Gain work experience of the candidate.(eg occupational credentials) hence increasing earning capability.
b- Gain knowledge and proffessional skills that amounts to increase in competency lvls.
Which of the following describes business-to-business (B2B) e-commerce purchases? Group of answer choices Customers bid on items being sold by other customers. Pricing can vary for each customer. Customers can pick up the purchased item in a physical store. The consumer is the decision maker.
Answer:
Pricing can vary for each customer.
Explanation:
Under the B2B, the manufacturer sells its products directly to other businesses such as wholesalers or retailers and not the end consumers.
Hence, pricing can vary for each customer in a business-to-business (B2B) e-commerce purchases because companies that are engaged in B2B are able to improve their performance and cut down the costs of procurement for goods and services.
Business to business (B2B) markets differ from Business to consumers (B2C) markets because salespeople personally call on business customers to a far greater extent than they do consumers.
A firm's ___________ consist of expenditures that must be made before production starts that typically, over the short run, _______________ regardless of the level of production. Group of answer choices fixed costs; are consistently changing, fixed costs; do not change, variable costs; do not change, variable costs; are constantly changing,
1. fixed costs
2. do not change
hope this helps
The class will be divided into five groups. With the teacher's guide, each group should suggest a business that they want to put up. Each group should then justify their choice of business. Each group will discuss among the members the environment that should be studied in terms of the location they decided to choose. Based on the environmental analysis, the group members should identify all the factor that need to be studied in the specific environment/location.
Each group will suggest a business idea and justify their choice based on their interests, market demand, and potential profitability. They will then discuss the specific location for their business and conduct an environmental analysis to identify factors that need to be studied.
In the first paragraph, each group can briefly mention the type of business they want to put up, such as a restaurant, tech startup, clothing boutique, fitness center, or any other business idea that interests them. They should provide a concise justification for their choice, highlighting factors like market demand, personal passion, unique selling proposition, or potential profitability.
In the second paragraph, the group members will discuss the specific location for their business and conduct an environmental analysis. They need to identify and examine various factors that can influence the success of their business in that particular location. This analysis can include factors such as local competition, target market demographics, economic conditions, regulatory environment, infrastructure, availability of resources, cultural considerations, and any other relevant factors. By studying these environmental factors, the group can gain insights into the opportunities, challenges, and potential risks associated with their chosen location.
Overall, the aim is for each group to select a business idea that aligns with their interests and has potential in the market. They should then analyze the specific location's environmental factors to make informed decisions and develop strategies that maximize their chances of success. This exercise helps students understand the importance of market research, environmental analysis, and strategic planning in business development.
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when using an outside expert to develop and present a training course, a document that outlines the specifics of the training and the process by which the organization will determine its level of satisfaction should be prepared. what is this document called? multiple choice question. a training portfolio a certificate of intent a request for proposal a training mandate
Prospectus is the document that outlines the specifics of the training and the process by which the organization will determine its level of satisfaction prepared by outside experts.
This document is prepared by each and every organisation so that the data is collected at one place and can be provided a certificate of proposal for all the information present in the portfolio for the investors or the specific training process for the employees.
The training portfolio certificate is issued for the same so that it is a legal document in lieu of prospectus that provide and outlines the present situation of organisation.
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Chris is disturbed by his supervisor’s encouragement to use the corporate credit card whenever he dines out, even if it is not work-related, because “no one ever will ever know.” This is against Chris’ moral principles, and he refuses to take part in the dishonest behavior. Chris shows___________ in this scenario.
In this scenario, Chris shows integrity by refusing to engage in dishonest behavior that goes against his moral principles.
Integrity is the quality of being honest, having strong moral principles, and adhering to them, even when it may be difficult or unpopular. Chris is demonstrating integrity by refusing to use the corporate credit card for non-work-related expenses and standing by his principles, even though his supervisor has encouraged him to do so.
Explain integrity.Being trustworthy and sustaining high moral standards are characteristics of integrity. Someone with integrity behaves honourably and morally even when no one is looking.
Integrity denotes consistency, whether or if an action is honest. Even if it's inaccurate, being true about a subject entails being honest. Being honest, by definition, entails being truthful and telling the truth. Integrity comes from having steadfast moral values and upholding them with honesty.
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which manager designs the product in a business
Answer:
Product Design Management (PDM)Explanation:
Product Design Management (PDM) is one of the most important elements in the successful business of designing innovative products for production.what are appropriate actions for a manager to take if a decision is not working as intended? (choose every correct answer.)
A manager should first assess the decision to determine why it is not working as intended.
Depending on the situation, some appropriate actions could include consulting with experts, gathering more data, researching other solutions, and/or revising the decision.
To assess the decision, the manager should consider what factors caused the decision to fail.
This could include a lack of accurate data, misinterpretation of data, or an inappropriate action to address the problem. After assessing the situation, the manager can then decide on an appropriate course of action.
Consulting with experts can be a great way to gain additional insight and perspective on the problem. Gathering more data can help identify any issues with the decision that may not have been initially seen.
Researching other solutions can help the manager determine what the best course of action is. Lastly, the manager can revise the decision to address any issues that have been identified.
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According to the video, some workers who work for themselves, such as Actors, Musicians, or Writers, may have what
sort of worker represent them to potential customers?
O an Agent
O a Headhunter
an Employer
a Mentor
Answer:
an Agent
Explanation:
just answered it and got correct
Answer: Agent
Explanation: just got it right on edge
PLEASE HELP
1. What is the name of the company? (1.0 points)
2. Is this mainly a product-based or service-based business? (1-2 sentences. 2.0 points)
3. What products or services is the company best known for? (2-3 sentences. 2.0 points)
3. Where does this company sell its products or services? (2-4 sentences. 2.5 points)
4. Describe at least two of this company's competitors. (2-4 sentences. 2.5 points)
5. How did the entrepreneur make the business different from other companies, especially its competitors? Describe at least one way. (2-4 sentences. 2.5 points)
6. What things has the entrepreneur or company done to help the community? Describe at least one example of this. (2-4 sentences. 2.5 points)
7. Why do you think this company became successful? Describe at least one reason. (2-4 sentences. 5.0 points)
8. What challenges has the company faced? Describe at least one challenge. (2-4 sentences. 5.0 points)
Based on the information given, the company that's chosen is Tesla and it's a product-based company.
What is Tesla?The company is known for producing electric cars. It's different from its competitors as it produces electric vehicles and uses better softwares.
The company sells its cars worldwide. The competitors include Volkswagen and Toyota. Tesla has helped the environment as it accelerates the transition to sustainable energy
Lastly, the main challenge faced by the company is rising material costs.
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Ray buys a new tractor for $118,000. He receives consumer surplus of $13,000 on his purchase. Ray's willingness to pay is a. $118,000. b. $13,000. c. $131,000. d. $105,000.
According to the given data, Ray's willingness to pay is $131,000. The correct option is (C). Willingness to pay also abbreviated as WTP.
What do you mean by the willingness to pay?The highest amount a consumer is willing to pay for a good or service is known as willingness to pay, or WTP. Usually, it's expressed as a monetary amount or, occasionally, a price range.
After outlining your proposed product or service, ask respondents how much they would be willing to pay for it. Leave the question open-ended so they can enter in any response they like.
Here,
Purchase price of tractor = $118,000
Consumer surplus = $13,000
Calculate the willingness to pay -
Willingness to pay = Purchase price of tractor + Consumer surplus
Willingness to pay = $118,000 + $13,000 = $131,000
Therefore, according to the given data, Ray's willingness to pay is $131,000.
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______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
Melissa is very good at her Revenue job. Which skills does Melissa most likely have?
performing specialized work to support an embassy
analyzing information from discussions or applications
public speaking and debating
reviewing and analyzing tax forms!
Answer:
reviewing and analyzing tax forms!
Explanation:
Revenue is the total value of goods and services sold by a business in a financial period. However, the revenue department or a revenue officer refers to civil servants who collect taxes and other revenues on behalf of the government.
Melisa could probably be working in a government agency tasked with collecting revenue, such as the US's IRS. If she is very good at her job, it means she is an expert in reviewing and analyzing tax forms.
Answer:
reviewing and analyzing tax forms
Explanation:
I copied the other dude
How do banks benefit from giving
people loans?
Answer:
Banks benefit from giving people loans in several ways:
1. Interest income: Banks charge borrowers interest on the loans they provide, which generates income for the bank. This interest income is one of the primary ways that banks make money.
2. Fees: In addition to interest, banks may also charge fees for loan origination, late payments, prepayments, and other services related to the loan. These fees also generate income for the bank.
3. Reduced risk: When banks give loans, they typically require collateral or perform credit checks to ensure that the borrower can repay the loan. This reduces the risk of default and loss of the principal loan amount.
4. Relationship building: Giving loans can help banks build relationships with customers and foster loyalty. Customers who are happy with their loans and overall experience with the bank may be more likely to use other banking services in the future, such as savings accounts, credit cards, and investment products.
5. Economic growth: By providing loans to individuals and businesses, banks can help stimulate economic growth by enabling people to buy homes, start businesses, and invest in new ventures. This can benefit the bank and the broader economy over the long term.
The shareholders of Busy Patterns have a preemptive right. Busy Patterns has decided to sell 1,000,000 new shares of common stock and the company currently has 1,000,000 shares outstanding. The preemptive right allows the current shareholders to:
Answer:
PREEMPTIVE RIGHT will allows the current shareholders to go ahead and
purchase a share of the common stock in the new common stock sale for each of the share that is been own by the shareholders before the common stock shares is been offered to the another entity.
Explanation:
Based on the information given we were told that Busy Patterns shareholders have a PREEMPTIVE RIGHT which simply means the right for a person, company or organization to acquire another new shares before the shares is offered to another person, company or organization in which we were still told that Busy Patterns has decided to sell the 1,000,000 new shares of common stock, Based on this PREEMPTIVE RIGHT will allows the current shareholders to go ahead and
purchase a share of the common stock in the new common stock sale for each of the share that is been own by the shareholders before the common stock shares is been offered to the another entity.
Q2.AGILE i. Can you recognize or elaborate on the differences between incremental and iterative? waterfall? agile? A) ii. Can you differentiate between different examples? A) iii. Do you understand the tenets of the Agile Manifesto? A) Q3. REQUIREMENTS i. What are the characteristics of the steps? A) ii. What are the different types of requirements? A) iii. What are some user requirement tools? A) iv. What philosophies or mindsets govern finding requirements? A) v. Who captures requirements? From whom? A) vi. What's gold plating? A) vii. What's scope creep? A)
i. Incremental development focuses on delivering the system in small increments, where each increment adds new functionality. Iterative development involves repeating cycles of development and refinement. A waterfall is a sequential approach with distinct phases: requirements, design, implementation, testing, and maintenance. Agile is an adaptive approach that emphasizes collaboration, flexibility, and iterative development.
ii. Examples of incremental development include adding new features to a software product in successive releases. An example of iterative development is refining and enhancing a website through multiple design iterations. The waterfall can be seen in projects where each phase is completed before moving to the next. Agile is exemplified by Scrum, where development occurs in short iterations called sprints.
iii. Yes, the Agile Manifesto promotes values such as individuals and interactions over processes and tools, working software over comprehensive documentation, customer collaboration over contract negotiation, and responding to change over following a plan.
i. The characteristics of the steps in software development include planning, analysis, design, implementation, testing, deployment, and maintenance. These steps guide the systematic progression from understanding requirements to delivering a working system.
ii. Different types of requirements include functional requirements (features and capabilities), non-functional requirements (performance, security, usability), technical requirements (platforms, languages), and business requirements (strategic goals, compliance).
iii. User requirement tools include interviews, surveys, workshops, use cases, user stories, and prototyping. These tools help gather and understand user needs and expectations.
iv. Philosophies or mindsets governing finding requirements include empathy, user-centered design, and an iterative approach. The focus is on understanding users, and their goals, and involving them throughout the development process.
v. Requirements can be captured by business analysts, product owners, project managers, and development teams. They are obtained from stakeholders such as customers, end-users, domain experts, and business representatives.
vi. Gold plating refers to the practice of adding unnecessary or excessive features to a product beyond the defined requirements, which can lead to increased complexity and cost without providing real value.
vii. Scope creep refers to an uncontrolled expansion of project scope, where additional requirements are added during the development process without proper evaluation, planning, or impact analysis. It can lead to delays, increased costs, and reduced quality.
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Who seeks out information about products a seller has to offer
Answer:
the owner of the product or the boss
What is one drawback of declaring bankruptcy?
A. It can be used only if a person has good credit.
B. It severely lowers a person's credit rating.
C. It often results in a civil lawsuit.
D. It prevents a person from getting further education.
Answer:
B. It severely lowers a persons credit rating.
Explanation:
Immediately a person files for bankruptcy, their credit history changes to bankrupt status instantly. The bankruptcy status may stay up to 10 years. It becomes very challenging for such individuals to get credit facilities. Any lender seeking to get their credit history to advance them a loan will get a bankrupt status as the feedback.
Bankruptcy means that the person does not have sufficient assets to cover their debt obligations. All their credit cards get canceled. The bankruptcy status creates a long term negative effect on credit history.
One drawback of declaring bankruptcy it severely lowers a person's credit rating. Thus, option B is appropriate.
Bankruptcy gives those who are unwilling to pay their obligations the chance to start over by selling assets to pay off debts or by developing a repayment plan. Bankruptcy laws also provide protection for financially troubled businesses. In this part, the laws and the bankruptcy procedure are described.
Through the legal process of bankruptcy, individuals or other entities that are unable to pay their creditors back can seek partial or complete relief from their debts. Typically, bankruptcy is imposed by an administrative order that the debtor regularly requests.
Thus, option B is correct.
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on july 31, pelham, incorporated received $5,000 cash from a customer who previously purchased pelham's products on account. what entry should pelham record at the time it receives cash?
The first stage of the book- keeping process in accounting is to produce entries in the general journal where every sale is recorded by making two contemporaneous entries, videlicet, one disbenefit entry and one credit entry. An increase in means or expenditure is considered as disbenefit while an increase in arrears or profit is considered as credit.
The correct answer to the given question is option (b) Debit Cash, $5,000; credit Accounts Receivable, $5,000.
When the ELOE Inc. receives cash of$,5000 from the client who preliminarily bought ELOE's products, the cash account increase by the corresponding quantum and the accounts receivables regard diminishments by the same quantum.
Journal Entries
Cash (asset) = $5,000 (debit)
Accounts receivable (asset) = $5,000 (credit)
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An unconscious patient suffering from strock should be transported in: O a. with feet elevation O b. recovery position O c. Supine position O d. Prone position
The unconscious patient suffering from a stroke should be transported in the recovery position.
The recovery position is the recommended position for an unconscious patient with a stroke. It involves laying the patient on their side, with their upper leg bent at the hip and knee, and their head tilted slightly back to maintain an open airway. This position helps prevent the tongue from blocking the airway and allows any fluids to drain from the mouth.
Transporting the patient in the recovery position ensures their safety and minimizes the risk of further complications. It allows for proper airway management and reduces the chances of aspiration. Additionally, it provides easy access for monitoring the patient's vital signs during transportation.
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Pls help me with this question!
The type of bank that contributes to the national economy by managing accounts and credit lines for both individuals and businesses is a commercial bank. So, the correct choice is option C.
Commercial banks are financial institutions that play a vital role in the economy by providing a wide range of banking services to individuals, businesses, and governments. They accept deposits from customers and offer various types of accounts, including checking accounts, savings accounts, and certificates of deposit. Commercial banks also provide loans and credit lines to individuals and businesses to support their financial needs.
By managing accounts, commercial banks facilitate the safekeeping of funds for individuals and businesses, allowing them to make transactions, earn interest on their deposits, and access their funds conveniently through various banking channels.
Furthermore, commercial banks contribute to the national economy by extending credit lines to individuals and businesses. These credit lines can be used for various purposes, such as financing investments, expanding businesses, purchasing assets, or managing cash flow. By providing credit, commercial banks support economic growth, entrepreneurship, and job creation.
In summary, commercial banks are the type of bank that actively contributes to the national economy by managing accounts and credit lines for both individuals and businesses, playing a crucial role in promoting financial stability and facilitating economic activities.
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Type the correct answer in the box. Spell all words correctly.
Ideally, what should more than one member of the family contribute to for a better financial position?
A family can have more than one person contributing to the household _______
for a better financial position.
A family can have more than one person contributing to the household income for a better financial position.
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