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matrenka [14]
3 years ago
8

The biggest factor in determining the price of a mortgage is:

Business
1 answer:
kozerog [31]3 years ago
4 0

I believe the answer is: c. interest rate

In mortgage we let an orgniazation (such as bank)  to took ownership of a certain property that we want. We then pay the organisation with a certain amount of payment plus interest, and the ownership would be transferred to us after we complete all of the payment.

In this process, interest rate is the profit that the organization would take for their service. As the interest rate become lower, the amount of mortgage price would typically increased, and vice versa.

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Normally when aggregate demand increases, firms find it more profitable to raise prices than to leave prices unchanged The idea
vaieri [72.5K]

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B) More likely to increase their prices since their future profits will be higher than the small one-time menu cost.

Explanation:

As the question explains, when aggregate demand is on the rise, firms find it more profitable to increase prices. As the economic scenario depicts a situation in which aggregate demand will rise for a long period, a firm will earn more revenue from raising prices than the menu costs it would incurr in doing so.

5 0
4 years ago
A company borrows $10,000 and issues a 5-year, 6% installment note with interest payable annually. The factor for the present va
Elena L [17]

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If you ask if the amounts are correct, I will tell you, yes, they are correct. If anything else, can you explain?

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4 years ago
Bev Smith makes hand-braided mats, at a cost of $40 per mat, to sell at local craft shows. She has 30 mats on hand for the next
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Bev's markup per mat in dollar is 20$

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7 0
3 years ago
sam seller and bill buyer meet out in a field. neither sam nor bill has the commission approved contract form, so bill pulls out
ruslelena [56]

In the given situation, the contract formed by Sam and Bill is not a valid contract.

<h3>What is a contract?</h3>
  • A contract is an enforceable legal arrangement that establishes, details, and regulates the rights and duties of the parties.
  • The transfer of commodities, services, money or a promise to transfer any of those at a later time are common components of contracts.
  • The simplest definition of a contract is a commitment that is legally binding.
  • The commitment could be to carry out or abstain from a certain action.
  • A contract must be made by two or more parties who must agree to it, with one of them typically making an offer and the other accepting it.

Construction Contracts: 4 Types

  1. Lump-Sum Agreements.
  2. Cost-Plus-Fee Agreements.
  3. Contracts with a Guaranteed Maximum Price.
  4. Unit-Price Agreements.

Therefore, in the given situation, the contract formed by Sam and Bill is not a valid contract.

Know more about contracts here:

brainly.com/question/5746834

#SPJ4

5 0
2 years ago
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