Answer: Balloon payment mortgage
Explanation: In simple words, balloon payment mortgage refers to the form of mortgage in which the borrower has to pay small amount of money over a particular item and at the time of maturity he has to pay a lump sum amount that is called the balloon payment of that mortgage.
These types of mortgages are usually used by business organisation who are expecting high profits on a project after a certain period of time. Thus, the correct answer is balloon payment mortgage.
Answer:
1.86 and elastic
Explanation:
The computation of the price elasticity of supply using the mid point method is shown below:
= (change in quantity supplied ÷ average of quantity supplied) ÷ (percentage change in price ÷ average of price)
where,
Change in quantity supplied is
= Q2 - Q1
= 10 - 4
= 6
And, average of quantity supplied is
= (10 + 4) ÷ 2
= 7
Change in price would be
= P2 - P1
= $40 - $25
= $15
And, average of price would be
= ($40 + $25) ÷ 2
= 32.5
So, after solving this, the price elasticity of supply is 1.86
Since the price elasticity is more than one so it is a elastic
Answer:
keep its price constant and thus decrease its market share.
Explanation:
A monopoly is a market structure which is typically characterized by a single-seller who sells a unique product in the market by dominance. This ultimately implies that, it is a market structure wherein the seller has no competitor because he is solely responsible for the sale of unique products without close substitutes.
Also, an oligopoly can be defined as a market structure comprising of a small number of firms (sellers) offering identical or similar products, wherein none can limit the significant influence of others.
Hence, it is a market structure that is distinguished by several characteristics, one of which is either similar or identical products and dominance by few firms.
On the other hand, duopoly can be defined as a market structure in which two companies (suppliers) or business firms own all or nearly all of the goods and services in a market. Thus, these two companies (suppliers) or business firms have an exclusive control over the goods and services in a market.
Hence, when a company (supplier) or business firm own increases its price in a duopoly, then the other company (supplier) or business firm can keep its price constant and thus decrease its market share.
Answer:
No
Explanation:
As a common stock holder, Marcus falls among the last class of stakeholders to be settled in XO's dissolution. A typical hierarchy of settlement during company dissolution is
- Secured creditors
- Unsecured creditors
- Preference stock holder
- Common stock holder
As such, as a common stock holder, Marcus will only be paid after all creditors and preference stock holders have been paid. And given that companies in liquidation are in that situation in the first place due to their inability to meet their obligations, there may not be enough resources left for common stockholders after distribution to creditors and preference stock holders.
A. Your insurance policy will likely not cover the damages to your car.
