I believe that would be Personal Credit. Your contract is written between you and the store or chain. Consumer credit is generally a reference to a national economic measurement.
Answer:
The correct answer is False.
Explanation:
In the United States there are 1.14 million nonprofit associations and this non-commercial sector represents 8.5% of GDP (against for example 4.2% in France).
These institutions employ 9.3% of the active population, which constitutes a world record. Americans give each year $ 250 billion to these institutions for non-profit purposes, and these donations are tax exempt. Of the amount quoted, approximately 36% goes to the different Churches, 13% goes to education, 8.6% to health, and 5.4% to culture (that is, the latter percentage represents some 13,000 million dollars annually). Cinema-art and the producers of experimental films, cultural foundations, ballet and their dance bodies, publishing houses (especially university), are some examples of non-profit associations in the domain of culture, which year after year They are supported by Americans.
Answer:
The correct answer is A
Explanation:
Price floor, also referred to as the minimum price, which is described as the lower limit placed by the regulatory authority or the government on the price which is per unit of the product or the commodity.
Non- binding price floor, means that the price floor is less than the present price of the market, and the equilibrium price will be more or above the price floor.
So, when the price floor is not binding, then the market will be shortage or less than from the present price.
Services are a form of product that consists of activities, benefits, or satisfactions offered for sale that are essentially intangible.
Since a service is 'good' for the time of use and doesn't last forever it is an intangible product. Much like a good, a service needs to meet customer expectations. Marketers strive to reach their target market for these types of products also.
Answer:
The total cost of producing a given level of output is:____.
d. minimized when the ratio of marginal product to input price is equal for all inputs.
Explanation:
With the above situation, the marginal cost (input price) = the marginal revenue (marginal product). The producer can then maximize profit if it can lower its average total cost per unit below the marginal cost for producing one additional unit of its product. In all cost situations, it is better for the producer to have the total revenue exceeding the total costs, at all times, but more especially with increasing production.
