Answer:
C. Adverse selection.
Explanation:
Adverse selection occurs when the participants in a economic transaction do not have the same amount of information about each other: either the buyer has more information than the seller, or the seller has more information than the buyer.
In the question, we have an example of adverse selection because Cho does not have enough information about the buyers (the borrowers), and she does not have a good way to obtain that information.
For that reason, she decides to give the money to the bank, an institution with much more capacity and information about the borrowers. Like this, she is solving the problem of adverse selection.
Answer:
The answer to the following question is: (-9.34)
Explanation:
Given that:
p = -0.07 x^2 - 0.7x + 6
The price elasticity of demand = ( change in quality / change in price)
= (dp / dx) (x/p)
= d / dx (-0.07 x^2 - 0.7x + 6) x / p
= (-0.14x - 0.7) x/ (-0.07 x^2 - 0.7x + 6)
elasticity = (-0.14x^2 - 0.7x) / (-0.07 x^2 - 0.7x + 6)
at x=5;
elasticity = (-0.14(5)^2 - 0.7(5)) / (-0.07 (5)^2 - 0.7(5) + 6)
= (-3.5 - 3.5) / (-1.75 - 3.5 + 6)
= -7/ 0.75 = -9.333
= -9.34
Quietly step to the side and wait for them to finish, but if they continue with one of those extended family prayers, then I find it best to come back a minute or two later before serving them their food.
Answer:
Environmental scanning
Explanation:
Environmental scanning is when information is being gathered about external forces inorder to know the factors that have impacts on a business. It is also the gathering of information on situations which allows a business create and build good customer relationship.
Business environments are dynamic and could have impacts on the success of a firm hence requires business scanning inorder to align with the trend. One the purpose of environmental scanning is to provide future business directions to an organization and also assist in analyzing the strength, weakness, opportunities and threats to an organization.
Factors that might have significant influence on business operation includes but not limited to social and demographic factors, how competitors are reacting, technology, how well customers are reacting to the company's products, creditors, legal issues etc.
Answer:
$60 million
Explanation:
Working capital is the amount of resources at the disposal of a firm in order to run its day-to-day activities.
Working capital is determined by deducting total current liabilities from total current assets
Jones and Co.'s working capital for the year 2019 is the difference between the current assets for 2019 and the current liabilities for the same year
current assets is $100 million
current liabilities is $40 million
working capital=$100 million-$40 million=$60 million
