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2 years ago

Your is a number assigned to you that helps a lender judge your ability to repay a loan brainly

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1 answer:

trapecia [35]2 years ago

4 0

Credit score is a number assigned to you that helps a lender judge your ability to repay a loan.

<h3>What is credit score?</h3>

Credit score is used to determine the ability of a borrower to payback a loan.

Credits score is important as it help to measure the capacity of a borrower to pay back the money lend to him /her based on their past credit score record.

Based on this most loan companies tend to make use of credit score by checking and verifying a borrower credit score before giving out a loan to a borrower as this score will help them to know if the borrower will payback or not.

Therefore, when borrower has a high credit score their is likelihood or tendency that the borrower will pay back the loan .

Learn about credit score here:brainly.com/question/27356339

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3 years ago

Suppose the profit maximizing output is 160,000 smart rackets

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The attached graph shows the required curves to be drawn. One of the curves is called the Marginal Revenue Curve.

<h3>What is a marginal revenue curve?</h3>

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brainly.com/question/17049363
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Full Question:

The graph shows the market for smart rackets.

Suppose the profit-maximizing output is 160,000 smart rackets.

Draw the firm's marginal revenue curve. Label it MR.

Draw the firm's marginal cost curve. Label it MC.

Draw a point at the profit-maximizing output and price.

Draw a shape to show the firm's economic profit. Label it.

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