Answer:
c : principal
Explanation:
What do you need to provide in order to get secured credit?
An asset.
Answer:
PART A
(1) Increase in demand for employment in Louisville than in Indiana.
(2) Migration of workers from Indiana to Louisville.
(3) A higher standard of living in Louisville than in Indiana.
(4) High cost of doing business in Louisville than in Indiana.
PART B
(1) increase in population of workers in Louisville.
(2) Increase in inflation in Louisville
(3) High standard of living in Louisville.
PART C
(1) Migration of the workforce from Indiana
(2) Reduced population of workers in Indiana.
Explanation: Minimum wage is an Economic term used to describe the lowest amount of money below which no worker who is employed within an economy should be paid.This term is usually concerned with those employed in the formal sectors of the economy in both the Private and public sectors, it is usually legally approved.
THE HIGHER THE MINIMUM WAGE IN AN ECONOMY THE HIGHER THE RATE OF MIGRATION FROM OTHER ECONOMIES INTO THE ECONOMY.
Answer: some consumers are willing to pay more than the equilibrium price.
Explanation:
Consumer Surplus is simply the difference between the price that is paid by a consumer and the price that the consumer was willing to pay in the first place.
In an unregulated, competitive market consumer surplus exists because some
consumers are willing to pay more than the equilibrium price.
D. Average and below-average customers.
Consider that below-average customers would lose a company money because below-average customers buy less and potentially cost more than average customers. Therefore, if a company only targeted average and below-average customers, their revenue would be pulled down by the below-average customers and their expenses or costs would be pulled up by the below-average customers. These two factors could contribute to the company losing money.
Answer:
Terms matched to best answers, given below
Explanation:
Risk Return Trade off : Safe investments make little money
Crony capitalism : Capitalism characterized by a government-manipulated economy
Marginal Benefit : Change in Total Benefit
Balance of Payment : CA+NX=0
Lorenz Curve : Represents actual distribution of income
Scarcity : When demand exceeds our ability to fulfill those demands
Marginal Cost : Change in total cost
