Nineteen-year-old Devon can tell to his parents on giving the disapproval of credit card that He needs a credit card if he wants to make any online purchases.
<h3>What is credit card?</h3>
A credit card is one that is offered to consumers and applied to make acquisitions with the thought that the cardholder will eventually return to the card issuer.
This return eventually for the cost of the things purchased, as well as any agreed-upon fees and interest, if any.
In the above case, Nineteen-year-old Devon wishes to acquire a credit card, but his parents feel it is not a smart idea.
What fiscally sensible argument can Devon present should get his parents to require a credit card if he intends to make any online transactions.
Therefore, option C is correct.
Learn more about the credit card, refer to:
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Answer:
option D "The demand is unitary elastic."
Explanation:
Data provided:
At price, P1 = 3,000 units
Demand, D1 = $ 50
also,
at price P2 = $ 60
Demand, D2 = 2,500 units
Now,
the percentage change in price = 
or
the percentage change in price = 20%
and,
The percentage change in the quantity = 
or
The percentage change in the quantity = -20%
The elasticity in demand (Ed) is given as:
Ed = (Percentage change in quantity) / (Percentage change in price)
on substituting the values, we get
Ed = (-20%) / 20%
or
Ed = - 1
Here the negative sign depicts the inverse relation between the price and the demand.
hence, the correct answer is option D "The demand is unitary elastic."
One buyer, many sellers and no close substitutes
usually this won't have an exact example to match all the requirement
so, try get those small company as the example of your answer
Answer:
$51,600
Explanation:
Calculation to determine the total amount of interest revenue that Glade will earn over the life of the lease
Using this formula
Total interest = lease of equipment years *(Lease equipment fair value/ Present value of annuity due) -Lease equipment fair value
Let plug in the formula
Total interest=5* ($323,400/4.312)- $323,400
Total interest=5*$75,000-$323,400
Total interest=$375,000-$323,400
Total interest= $51,600
Therefore the total amount of interest revenue that Glade will earn over the life of the lease is $51,600
I would say "B. Who is the enemy?" , because of its generalization and vagueness. I recommend looking deeper into the definitions, but who is the enemy is definitely my choice.