How is prime rate defined?

How is prime rate defined? Prime rate is the interest rate that banks charge their preferred customers, or those with the highest credit ratings. It is used to determine borrowing costs on many short-term loan products. What is the banks prime interest rate? 7.00 What is Prime plus interest rate? If you are paying or […]

What is research approach in research methodology?

What is research approach in research methodology? Research Approach. Research approaches are plans and the procedures for research. that span the steps from broad assumptions to detailed methods of data collection, analysis, and interpretation. What are the types of research approaches? Types of research approaches The descriptive study. This approach attempts to identify the characteristics […]

Can psychotherapist prescribe drugs?

Can psychotherapist prescribe drugs? Most psychotherapists cannot prescribe medication to their patients. Their job duties are to provide psychological treatment and therapy to mental health patients rather than medication. Can a psychiatrist provide medication? Psychiatrist – A medical doctor with special training in the diagnosis and treatment of mental and emotional illnesses. A psychiatrist can […]

What happens when oligopolists do not cooperate?

What happens when oligopolists do not cooperate? The monopoly outcome is good for the oligopolist, but is bad for the consumers of the product. When oligopolists fail to cooperate, the quantity they produce is closer to the maximum total surplus. What happens when oligopolies cooperate? If oligopolists individually pursued their own self-interest, then they would […]

Is their competition for power nations raced to?

Is their competition for power nations raced to? build new colonies. What would happen to industrialized nations economies if they did not expand their reach abroad? What would happen to industrialized nations’ economies if they did not expand their reach abroad? Nations would have fewer partnerships with other nations. Nations would have a smaller market […]

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