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Money transfer is popularly known as wire transfer. It is the quickest, simplest and safest way to Transfer Money, no matter whatever the destination is. Money transfer or wire transfer refers to money sending to distant places either within national boundary or beyond that. This transfer may happen either physically or electronically. To send money, the sender needs to place an order with a wire transfer service provider and it takes the responsibility to deliver the specified amount to the recipient. The sender must have the correct information regarding the recipients full name and requisite bank account details. Do you wonder how money transfer is done so quickly?Well, the banks and other money transfer service providers have a strong and worldwide network of affiliated financial institutes to complete the transaction on customers request. Generally, the wire transfer houses demand a nominal fee for the service they offer. Nowadays, more advanced mode of money transfer has been introduced. EFT or electronic funds transfer is now widely used to transfer money. It is not that Transfer Money is happening only these days.
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Illustrate a long run competitive equilibrium using diagrams for the gold market and for a representative gold mine. b. Suppose that an increase in jewellery demand induces a surge in the demand for gold. Using your diagrams, show what happens in the short run to the gold market and to each existing gold mine. c. Over time what would the new long run equilibrium price be above, below or equal to the short run equilibrium price in part a above explain. Are there any changes in profits in the long run?Hint: over time fixed costs are likely to rise. Surge pricing occurs when the supply and demand for Uber vehicles becomes unbalanced, for example, due to inclement weather, a public holiday such as New Years Eve or some other event public transport failure, terrorist attack, . Supply is low who wants to drive in a snow storm?. However, demand is high how do I get home when the rail network is down?.
National Examination Essay
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