The quantity demanded changes slightly with the price.
This is a <u>demand curve</u>, not a supply curve, so we can immediately knock off the first two options that deal with production (supply).
Now with the last two answers we just have to decide if the change in demand is slight or great. Look at the two data points that have dotted lines leading to them.
p1= Price $50, demand 15
p2= Price $30, demand 20
The price dropped $20 but demand only rose by 5 units, so this is a pretty slight change. The up/down tilt of the curve will tell you if the change is big or small.
Answer:
a) $347,760
b) $197,760
c) $199
Explanation:
a)
The Loan is paid by 240 (20 x 12 ) equal installments. These Installments include the principal and interest payment portion. Total payment to be made including interest and principal will be as follow:
Total amount = Installment amount x Numbers of installment = $1,449 x 240 = $347,760
b)
Amount Paid over the principal amount is the cost of interest on the loan
Cost of Interest = $347,760 - $150,000 = $197,760
c)
First payment of $1,449 includes the interest and principal amount. We will separate both as follow
Interest portion = $150,000 x 10% x 1/12 = $1,250
Principal Portion = $1,449 - $1,250 = $199
$199 is applied to principal.
A Marketing Agency
A marketing professional or agency may readily provide you with franchise statistics, national and local business growth rates, and other industry data related to your field.
Franchise marketing- In order to raise brand awareness and boost revenue for their franchise business, franchisors and franchisees utilize a variety of marketing strategies and techniques. Franchise marketing has developed to be virtually entirely digital.
Franchising is a particular business approach used to gain market share, acquire clients, and keep those clients happy. With this kind of approach, the business gains awareness from both present and potential clients. Advertising, sales, promotions, public relations, and web marketing are some of the major subcategories of franchise marketing.
To learn more about franchise marketing please visit -brainly.com/question/26826465
#SPJ4