Answer:
D) They offer lower interest rates for borrowers.
Explanation:
due to lower interest rate on loan, credit union have a major advantage for borrowers. They dont have to pay anything to shareholder and due to this advantage of credit union of non-profit feature, they forward the surplus funds to the respective customers on having deposited accounts.
Answer: Karen is most likely using a STRUCTURED INTERVIEW.
Explanation: A structured interview commonly used in survey research is a type of formal meeting, in person, for the assessment of a candidate or applicant that each individual is presented with the same exact question in the same order.
This is a means of collecting data for a statistical survey. The choice of answers to the questions is often fixed. Though open-ended questions can also be included within a structured interview.
You can choose a price that <u>maximizes your profits</u>.
<u>Explanation</u>:
If you are the only clothes producer in the industry, it is known as monopoly. Monopoly means a single seller selling a unique product without competition.
The monopoly seller has the right to choose the price for his goods. He can fix the price in the way to maximize his profit. As he is the sole seller, he will not have any competitions in the industry. This in turn helps him to make lot of profit on producing clothes with full freedom in fixing the price of the clothes.
