6. utility companies routinely ask state commits- scions for permission to raise utility rates. what does this suggest about the price elasticity of ode- why is demand so inelastic

Seattle bank’s start-up division establishes new branch banks. each branch opens with three tellers. total teller cost per branch is $96,000 per year. the three tellers combined can process up to 90,000 customer transactions per year. if a branch does not attain a volume of at least 60,000 transactions during its first year of operations, it is closed. if the demand for services exceeds 90,000 transactions, an additional teller is hired and the branch is transferred from the start-up division to regular operations. required what is the relevant range of activity for new branch banks

If the reserve requirement is 10 percent, what amount of excess reserves does a bank acquire when a business deposits a $500 check drawn on another bank?

The price of good x has a pattern such that p = $3 on monday through thursday of every week, and p = $2 on fridays. if speculators begin participating in the market for good x, their actions will likely lead to a(n) in the price of good x on monday through thursday and a(n) in the price of good x on friday. a. decrease; increase b. decrease; decrease c. increase; decrease d. increase; increase