Cassidy crafts makes special paper, stickers, and related items that are used in scrapbooking. most of cassidy's sales are done by craft stores and other retailers, and it feels that ads for its products are more effective and economical if they appear in the craft stores' weekly flyers. with this in mind, cassidy offers or price reductions to these retailers to encourage them to promote cassidey's products locally.

What do economists mean when they use the latin expression ceteris paribus?

Afinancial institution, the thriftem bank, is in the process of formulating its loan policy for the next quarter. a total of $12 million is allocated for that purpose. being a full-service facility, the bank is obligated to grant loans to different clientele. the following table provides the types of loans, the interest rate charged by the bank, and the possibility of bad debt as estimated from past experience. type of loaninterest rateprobability of bad debtpersonal.140.10car.130.07home.1 20.03farm.125.05commercial.100.02 bad debts are assumed unrecoverable and hence produce no interest revenue either. competition with other financial institutions in the area requires that the bank allocate at least 40% of the total funds to farm and commercial loans. to assist the housing industry in the region, home loans must equal at least 50% of the personal, car, and home loans. the bank also has a stated policy specifying that the overall ratio for bad debts on all loans may not exceed .04. formulate this problem as a linear program. define your variables clearly and write all the constraints explaining the significance of each.

What is a sort of auction for stocks in which traders verbally submit their offers?