Which of the Following Is the Reason That the Practice

question 34

Multiple Choice

Which of the following is the reason that the practice of microfinancing developed?

• A) Began to serve SMEs in the developed world who were unable to secure financing from banks.
• B) Started in Bangladesh to help entrepreneurs start small businesses that would ultimately lift them out of poverty.
• C) Began in the poorer sections of Detroit to support the small businesses of working mothers.
• D) MNEs developed this practice to finance innovators within their firms.

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Definitions:

Equilibrium Prices

The price at which the quantity of a good supplied equals the quantity demanded, balancing the market and clearing any surplus or shortage.

Seating Capacity

The number of people that can be accommodated in a space with seats, such as a theater, vehicle, or dining establishment.

Tax Revenue

The income that is gained by governments through taxation.

Equilibrium Price

The price at which the quantity of a good or service demanded by consumers equals the quantity supplied by producers, leading to a stable market condition.