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velikii [3]
4 years ago
7

Why do you think banks and companies want to know if you have opened up any new credit accounts recently?

Business
1 answer:
svetlana [45]4 years ago
5 0
Idk lol, look on quizlet
You might be interested in
First Simple Bank pays 6.4 percent simple interest on its investment accounts. If First Complex Bank pays interest on its accoun
Ksju [112]

Answer:

i =0.050713..     or

approximately \ 5.0713..\%

Explanation:

Assume an investment of $1.00

First Simple Bank:

Amount after 6 years = 1 + PRT

= 1 + 1(0.064)(10)  

= 1.64

 

Complex Bank:

1*(1+i)^{10}  = 1.64

Take 10th root of both sides

( (1+i)^ {10})*(\frac{1}{10} ) = 1.64^{\frac{1}{10}}

1+i = 1.050713..

i =0.050713..

or

approximately \ 5.0713..\%

8 0
3 years ago
What invention most helped to make the shift to large plantations throughout the Deep South profitable? the textile mill the mec
stealth61 [152]
<span>The </span><span>invention that </span><span>most helped to make the shift to large plantations throughout the Deep South profitable was the cotton gin. </span>
6 0
3 years ago
at what point described below will producer surplus most likely drop to zero for a firm? a.) when the firm is taking a significa
kherson [118]

(B) When revenue equals opportunity and variable cost, then the producer surplus most likely drops to zero for a firm.

<h3>What is revenue?</h3>
  • The total income derived from the sale of products or services pertaining to a business's core operations is referred to as revenue.
  • Because it appears at the top of the income statement, revenue, which is also known as gross sales, is frequently referred to as the "top line."
  • A company's overall earnings or profit are referred to as income or net income.
  • Although both revenue and profit are positive indicators for your company, they are not the same thing.
  • The producer surplus for a firm will probably reach zero when revenue equals opportunity costs and variable costs.

Therefore, (B) when revenue equals opportunity and variable cost, then the producer surplus most likely drops to zero for a firm.

Know more about revenue here:

brainly.com/question/16232387

#SPJ4

3 0
1 year ago
According to the Phillips Curve, the greater the aggregate demand for goods and services, the greater the economies output and t
Irina-Kira [14]

Answer:

Lower

Explanation:

If aggregate demand increases, then there will be a decline or decrease in unemployment in any country, even as more workers are hired, real GDP output and price level increases.

Phillips curve is simply a curve that depicts the short-run trade-off between inflation and unemployment.A decrease or a low unemployment correlates with high aggregated demand.

When there is a raise in aggregate demand = higher output + higher price level

On the Phillips curve, more GDP simply means less unemployment and higher price level.

8 0
3 years ago
In the last few decades, the female incarceration rate has grown ____%.
denpristay [2]
<span>The 646 percent growth in women in prison is significant compared to 419 growth in males that are incarcerated. Approximately 1 in 14 prisoners are female. The reasons range from petty crimes to capital murder. The lack of resources of single females may be leading to the drastic rise in percentage of women incarcerated.</span>
5 0
4 years ago
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