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3 years ago

Which of the following statements comparing debit cards to credit cards is TRUE?

Business

2 answers:

djverab [1.8K]3 years ago

8 0

Using a credit card is like borrowing money, while debit cards let you draw directly from your bank account

S_A_V [24]3 years ago

6 0

1) Debit card let you to draw funds directly from you're checking accounts

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Components inc., a maker of vehicle parts, refuses to sell to diy repair inc., a national vehicle service firm. the maker convin

zloy xaker [14]

Components inc., a maker of vehicle parts, refuses to sell to diy repair inc., a national vehicle service firm. the maker convinces the engine parts company, a competitor, to do the same. this is a group boycott.

Under competition law, a group boycott is a type of secondary boycott, unless two or more competitors in the relevant market agree to deal with an actual or potential competitor of the boycotting firm. Refuse to do business with the company.

Example: The FTC challenged the actions of several groups of competing health care providers, such as physicians, and refused to do business with insurance companies or other purchasers on terms other than those mutually agreed upon. That amounted to a group boycott of the illegal group.

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3 0

2 years ago

Carol Byrd gets a student rate of $30.00 a month for health insurance. There is a $250 deductible. She recently received treatme

e-lub [12.9K]

The company's payment = $1640,

Carol's total cost = $410.

<u>Given:</u>

Bill amount = $2300

Amount of deductible = $250

Remaining amount is given by:

=$2300-$250

=$2050

Since Carol's insurance company provided paid 80% of the bill less the deductible.

So, the Company's Payment is given by:

Company Pays 80% which translates to 0.8

Company Payment = 0.8*2050

Company Payment = $1640

Carol's total cost after the payment of company is given by

Carol pays = $2050 - $1640

Carol pays = $410

Hence, the company's payment was $1640, Carol's total cost was $410.

Learn more about Insurance on:

brainly.com/question/25855858

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8 0

2 years ago

Explain how test-marketing can increase profits.

kirill [66]

Answer:

Test marketing holds a lot of importance for the company. It allows

the company to test their product in a small region so as to get an

idea whether the product will work in a bigger market or not.

Through this, the company can measure the performance of the

product and can decide whether it should be released nationwide

for sale. Through this, the company can estimate the earnings that

can be earned through this product beforehand.

Explanation:

7 0

3 years ago

Declining transport rates per unit of weight as the weight shipped increases represents ______.

Likurg_2 [28]

Answer: economy of scale

Explanation:

8 0

2 years ago

If the price elasticity of demand for a product is 2. 5, then a price cut from $2. 00 to $1. 60 will:_______

hoa [83]

Increase the quantity demanded by about 25 percent.

<h3>What is the short definition of price elasticity?</h3>

Price elasticity in business and economics refers to how much people, consumers, or producers alter their demand or the quantity supplied in reaction to changes in price or income.
It is mostly used to evaluate how consumer demand has changed as a result of a price change for a good or service.

<h3>What are some examples of price elasticity of demand?</h3>

When a price increase results in a greater percentage reduction in demand, we say a good is price elastic.
For instance, if price increases 20% and demand declines 50%, the PED equals -2.5. One illustration is Heinz soup. Heinz soup options are plenty today.

learn more about price elasticity of demand here

<u>brainly.com/question/5078326</u>

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3 0

2 years ago