Money orders & pre-paid cards are the payment types that require you to pay upfront.
These types of payment method require that you pay upfront and get a check which is available in banks, retails stores etc.
A paper document used to make payment, similar to check is known as Money order. It is only issued when after buyer pay cash or other forms of guaranteed fund because they are prepaid.
The people that often used money orders do not have standard checking account, money orders is acceptable and can be converted to cash.
This method of payment is acceptable and is mostly used for paying debts, and it can be purchased from financial institution for a small fee. Some of the places where money orders are sold include post offices, grocery stores, and gas stations. This makes it easy for anyone to purchase.
Pre-paid cards are often called everyday cards. It is plastics and an alternative to carrying money around. When you purchase prepaid, you load it with money and top it up when balance goes down. They are not like credit card where you run debts on. It is also ideal for those who have no bank account because this type of payment method is not linked to a bank account.
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KEYWORDS:
- money orders
- pay upfront
- pre-paid cards
Answer:
the land promised to them millenia earlier when God told Abraham at Shechem that the land would belong to his descendants, they they begin the long, painful, and disappointing process of setting the land.
Explanation:
Answer:
The movement's adherents tend to be libertarian and employed in high technology or in academia market forces the nature of technological progress drives humanity to approximately the same point regardless social and cultural influences.
Answer:
Maturation.
Explanation:
According to my research, I can say that based on the information provided within the question the term being defined in this statement is called Maturation. This term is used in many categories to refer to the changes over time until full maturation is achieved, which is the peak point in value.
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<u>Question 1</u>
The correct answer is: "FALSE".
The total revenue earned by a firm is computed using the formula:
R= price * quantity
According to the formula, if the term "price" increases, R would increase too. But an increase in price usually decreases the amount demanded by consumers of a certain product. Therefore, if quantity demanded drops in a higher proportion than the increase in price, the final total revenue would decrease. So the final effect depends on the size of the two variations.
<u>Question 2</u>
<u>The determinants of demand are the following:</u>
- Price: inversely related to the quantity demanded, as the larger the price the smaller the amount demanded of a product.
- Income of consumers: directly related. The larger the income earned by an economic agent, the larger the amount demanded of a normal good (there are exceptions, such as inferior goods, for which income and demand are inversely related).
- Prices of related goods of services. If two goods are substitutes, the increase on the price of one, decreases the amount demanded of that product but increases the amount demanded of the other product. It two goods are complements, the increase in the price of one good decreases the amount demanded of it, and the amount demanded of the other product too.
- Tastes or preferences of consumers. If a product is in line with the general preferences of consumers the amount demanded will be large.
- Market expectations. For example, if a price is expected to rise, consumers might prefer to buy now and therefore demand increases at the moment.
