Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
From California to New York, legislative bodies across the United States are considering eliminating or reducing the surcharges that banks impose on noncustomers, who make $12 million in withdrawals from other banks' ATM machines. On average, noncustomers earn a wage of $26 per hour and pay ATM fees of $3.50 per transaction. It is estimated that banks would be willing to maintain services for 4 million transactions at $1.50 per transaction, while noncustomers would attempt to conduct 19 million transactions at that price. Estimates suggest that, for every 1 million gap between the desired and available transactions, a typical consumer will have to spend an extra minute traveling to another machine to withdraw cash.
Based on this information, what would be the nonpecuniary cost of legislation that would place a $1.50 cap on the fees banks can charge for noncustomer transactions?
Instructions: Round your answer to the nearest penny (2 decimal places).
What would be the full economic price of this legislation?
Please provide how answered is derived. Please answer with in the next 30 minutes.
The nonprofit organization in the United States differs from the for profit organization in several important ways. These differences affect the legal structure, accountability, governance, leadership, development and management functions of the ..
Your usage of paint drops from 35 gallons a month to 20 gallons a month. Perform the following: 1. Compute the price elasticity of demand for paint and show calculations. Decide whether the demand for paint is elastic, unitary elastic, or inelasti..
Which theory explains that if countries specialize in the production of the good/service in which they have a comparative advantage, then all countries can move outside their PPF and gain from trade.
What is the effect on its foreign reserve holdings? On its money supply? Can it offset either of these effects through domestic open-market operations?
What is the understanding of the word demographic dividend?
What is the percentage of people in the labor force over the age of 16 who do not have jobs and are actively seeking employment.
Why might the benefits of monopolistic competition outweigh the inefficiencies? Monopolistic competition has higher deadweight loss than monopoly?
Systems theory proposes open interaction between organizations and their environments. In doing so firms engage in external business development activities, often referred to as external corporate venturing, in addition to developing their own abs..
Submit a draft of the Macroeconomic Items section of the final project, along with your supporting explanations. Analyze the implications of interest rate changes on any of the calculations you performed. Be sure to substantiate your claims. Use any..
We assume there are no lump-sum taxes and no dividend income: ? = T = 0. We assume h = 1 and the wage rate w = 1. There is a consumption tax such that for each purchased unit of consumption, the consumer needs to pay 1 +t units where t goes to the..
Assume that the Fed unexpectedly raise the rate of money growth.
Fastly Delivery Corporation has two divisions.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd