The answer to this question is Smartphones.
Smartphones have taken over the market all over the world during that period due to the flexibility of their usage.
It's held the capability to do almost any casual technology user do, which pretty much change the course of overall human behavior.
Explanation:
First, Depository institution
Institution that collect money from people and pay interest . You may can deposit your cash and withdraw it anytime . If you put longer they pay interest. Interest may be fixed or variable. On other words, from that institution you can send your money to other people ,can get credit or debit card to withdraw or shopping. They gave you loans. Such institution are:
Commercial bank , Saving institution,credit union and so on.
In last remember that those who pay you interest ,give loan facilities, business transaction and collect your money they are Depository. They have 3 types of account for people who want to deposit their money. 1. Current account 2. Saving Account 3. Fixed
Non Depository institution
Where you cannot put your money and withdraw it . You would not get interest. They are intermediary between borrowers and saver. They are:
Mutual funds: where you buy scheme in units. It like investment . Then they pay you bonus and even you can sales it on market. Don't confuse mutual funds collect money from public invest it on market and share their profit.
Insurance companies: they insure your belonginess. They pay when your things goes beyond the normal level. Like. Car theft,goods damage.
Pension fund:
Security firms: investment companies ,broker house.
Answer:
$80 lost for not working
Explanation:
Opportunity cost refers to the sacrificed benefits as a result of preferring on a particular option over another. As people make choices, the forfeit one option in favor of another. Opportunity cost is the missed value of the next best alternative.
For John, he has a choice between working or going to the concert. He has two tickets worth $50. Working would mean her twice her regular income, which is $20 per hour. If he works for four hours, his total earning will be $80. If John chooses to go to the concert, he will miss the opportunity to earn $80. The opportunity cost will be the missed $80 that he would have received from working.
Rebecca sells her personal scooter = $550
And she purchased three years ago for $700
loss in the selling of scooter = $700 - $550
= $150
she sell painting for $1200
and he purchased that painting five years ago = $900
profit = $1200 - $900
$300
So $300 - $150 = $150
She still get benefit on selling both things
b. has intrinsic value. the exchange is an example of barter. is your best answer.
Intrinsic value is the value of a given item without market value. Pretty much no matter what the market value is (stock), the item's price will not change.
~
