A credit card issuer would charge a late-payment fee if there is an unpaid minimum credit card fee or other payment from your credit card until the due date. The late-payment fee is calculated based on your unpaid minimum credit card fee. It will not exceed the amount of your unpaid minimum<span> credit card fee.</span>
Answer:
The elasticy of demand is 0.54 so it is inelastic
Explanation:
The midpoint method use the average percentage change in both quantity and price.
The fromula is ((Q2-Q1)/((Q2+Q1)/2))/((P2-P1)/((P2+P1)/2))
Q is quantity and P is price
((300-250)/((300+250)/2))/((1.25-1.75)/((1.25+1.75)/2))=0.54
The demand is inelastic, that means that the porcentage in the increase in quantity is minor than the percentage in the reduction of the price. So total revenues decrease.
Answer:
1. The size of the economy as a whole grows as a result of free trade.
2. Consumers benefit from free trade.
3. Free trade can reduce cost of trading:
Explanation:
The three strongest arguments that you can offer to the Indian government about why the policy shift to freer trade is desirable for India are as follows:
1. The size of the economy as a whole grows as a result of free trade: It provides for more efficient production of goods and services. This is because it encourages goods and services to be created in areas with the finest natural resources, infrastructure, or skills and experience. It boosts productivity, which can lead to greater long-term wages. There is universal consensus that growing global trade has boosted economic growth in recent decades.
2. Consumers benefit from free trade: By removing barriers and promoting competition, it lowers prices. Quality and choice are likely to improve as a result of increased competition.
3. Free trade can reduce cost of trading: Non-tariff barriers can be reduced, resulting in less red tape and lower trading costs. Companies that deal in multiple nations might reduce their compliance expenses by working with a single set of laws. In principle, this will lower the cost of goods and services.
Answer:
D
Explanation:
The number of workers who have received training in high tech fields far exceeds the number of job openings in these areas.
<h3>This scenario best illustrates the effect of the industry regulation component of on organizations by Safefen.
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Explanation:
The element of industry regulation consists of laws and guidelines regulating the business practices and procedures of individual companies, firms, and professions.
Government regulation of the industry is control of individual or firm actions by local, federal or state governments via price-setting processes or control of the quantity, quality, and safety of products and services produced.
Displaying the recommended age limit for each toy on its cover is one of Safefen's safety measures of toy industry regulations.
