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Gemini Inc.'s optimal cash transfer amount, using the Baumol model, is $60,000.The firm's fixed cost per cash transfer of marketable securities to cash is $180, and the total cash needed for transactions annually is $960,000.On what opportunity cost of holding cash was this analysis based?
Social Animal
An organism that highly engages in social behaviors and interactions, relying on group cooperation for survival and well-being.
Aristotle
An ancient Greek philosopher and scientist, who made significant contributions to a wide range of fields, including logic, ethics, biology, and politics.
Charles Darwin
A British naturalist known for his contributions to the understanding of evolution through natural selection.
Maslow's Hierarchy of Needs
Maslow's Hierarchy of Needs is a psychological theory that proposes a five-tier model of human needs, depicted as hierarchical levels within a pyramid, from basic physiological needs to self-actualization.
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