Examlex
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?
Sit-Ups
A physical exercise designed to strengthen the abdominal muscles by lifting the torso from a supine to a sitting position.
Sprinter's Stance
The initial position adopted by a sprinter before starting a race, optimized for maximum speed and efficiency at the race's onset.
Cross-Legged
A sitting position where one leg is crossed over the other, often used for meditation or as a casual seating position.
Knee-Jerk Reflex
A reflexive action in which the leg kicks outward when the tendon just below the kneecap is tapped, demonstrating the neural circuits within the spinal cord.
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