What type of economic system does israel most likely have

In a competitive market, a furniture company decides to use cheaper materials to decrease production costs and pass on the savin

OverLord2011 [107]

Answer:

This is an example of:

B. lowering prices for customers.

Explanation:

In a competitive market, it is common for companies to try and offer a cheaper product. In most situations, being cheaper means the product has more chances of attracting customers when compared to expensive ones. A way to make a cheaper product is by decreasing production costs using cheaper materials, as is mentioned in the question. Of course, the product will have its price lowered, but its quality may also decrease with the use of a cheaper material. Anyway, the situation described is an example of lowering prices for customers.

8 0

3 years ago

Which cabinet department secretary is responsible for interacting with foreign governments

padilas [110]

The correct answer is Secretary of State

Explanation: The Secretary of State is the title of the head of the United States Department of State, who deals with foreign affairs.

3 0

3 years ago

What was the purpose of the DMZ during the korean war

hammer [34]

Answer:

It is established by the provisions of the Korean Armistice Agreement to serve as a buffer zone between North Korea and South Korea. The demilitarized zone (DMZ) is a border barrier that divides the Korean Peninsula roughly in half.

Explanation:

4 0

3 years ago

You work for a lender that requires a 20% down payment and uses the standard debt-to-income ratio to determine

ratelena [41]

According to the standard debt-to-income ratio, the person who would be rated as highest in respect of eligibility for a home loan is person C.

A home loan is an amount that has been lent for the acquisition or purchase of any house. or apartment for living.

Given values:

Persons Monthly Incomes Recurring debts

Person A $4,250 ($51,000 / 12) $350

Person B $4,833 ($58,000 / 12) $250

Person C $5,250 ($63,000 / 12) $200

Person D $5,583 ($67,000 / 12) $450

Step-1 Computation of debt-to-income ratio of person A:

$\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\rm\ Recurring \rm\ debt}{\rm\ Income}\\ \rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\$350}{\$4,250}\\\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=8.23\%$

Step-2 Computation of debt-to-income ratio of person B:

$\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\rm\ Recurring \rm\ debt}{\rm\ Income}\\ \rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\$250}{\$4,833}\\\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=5.18\%$

Step-3 Computation of debt-to-income ratio of person C:

$\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\rm\ Recurring \rm\ debt}{\rm\ Income}\\ \rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\$200}{\$5,250}\\\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=3.80\%$

Step-4 Computation of debt-to-income ratio of person D:

$\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\rm\ Recurring \rm\ debt}{\rm\ Income}\\ \rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\$450}{\$5,583}\\\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=8.06\%$

Therefore, after finding debt to income ratios of all persons, the lowest ratio comes out to be of Person C at 3.80% which ranked to be the highest.

Learn more about the debt ratio in the related link:

brainly.com/question/14553933

#SPJ1

8 0

2 years ago

Read 2 more answers

Someone who took power in an illegal way was a?

aalyn [17]

Answer:

tyrant

Explanation:

a tyranny government, the power to make decisions is in the hands of one person, usually called a tyrant or dictator,

6 0

2 years ago