Answer:
the fastest we could drop your price before your monthly revenue starts to drop is $2,000
Explanation:
Data provided in the question:
Cars sold per month, Q = 70 cars
Price of each car, P = $35,000
Rate of increase in demand, 
= 4 cars per month
Now,
Revenue, R = Price(P) × Quantity (Q)
Thus,
When monthly revenue starts to drop i.e 
< 0
⇒ = 
< 0
or
⇒ 
< 0
or
⇒ 
< 0
or
⇒ 
< - 140,000
or
< - 2,000
Hence,
the fastest we could drop your price before your monthly revenue starts to drop is $2,000
Answer:
1. Bad credit
2. Over the limit fee
3. Late payment fee
Explanation:
1. Bad credit is a situation where a borrower fails to repay his bills on time. This can have an effect on his credit score, thus resulting in a bad credit score and the inability of lenders to lend money. This explains John's situation because he fails to pay on time.
2. Over the limit fee is charged when a person's balance exceeds his credit limit and this can result in a decline of transaction. Susan has apparently exceeded her limit and her transaction might be declined or the balance might be deducted when she pays the fee.
3. Late payment fee is charged when a person fails to complete his payment on the due date. Interest is being charged after the purchase which he pays at a later time because he failed to read the conditions of the credit card offer.
The disadvantage of extending credit to customers is that the cost may <u>exceed </u>the additional sales revenue received through credit transactions. hence, Option C is the correct statement.
<h3>What do you mean by extending credit to customers?</h3>
The method of extending credit to customers permits them to buy items and services and pay for them later on. Offering credit is usually a win-win for each trader and buyer.
Customers have greater buying strength and have a tendency to shop for greater in the event that they are not restrained to the cash they have got at the time of the sale.
The missing information from the above question is given below:
increase
be less than
exceed
Thus, The disadvantage of extending credit to customers is that the cost may <u>exceed </u>the additional sales revenue received through credit transactions. hence, Option C is the correct statement.
Learn more about extending credit:
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Answer:
Continuous manufacturing
Explanation:
Based on the scenario being described within the question it can be said that Easy Electronics is a Continuous manufacturing organization. This refers to a production process in which products are manufactured through an uninterrupted process of adding materials. Most production lines like this operate 24 hours a day 7 days a week.
