1. Annual percentage rate
2. Secured card
3. Cash advance
4. Balance transfer
I hope this helps!
conglomerates and verticals combine different products while horizontal specializes in just one.
They do not usually lessen competition in the market place.
Answer:
30005
Explanation:
Total Revenue equals price multiple to the quantity produced.
Total Profit= Total Revenue -Total Cost= P*Q- (Variable costs +Fixed Costs)
If we considered TR=P*Q,
in the first period it will be: TR=P*Q=6000*5=30000
in the second period it will be= TR=P*Q= 6001*5=30005
Answer:
The wage per hour must be paid in the second year is $11.021 per hour.
Explanation:
Please find the below for detailed explanations and calculations:
We have the real wage stipulated in the contract must be grown at 3% in second year in comparison to first year.
Thus, the nominal pay rise must grow at the higher rate than 3%, in the way that it may cover the effect from inflation to ensure real rise is 3% as agreed in the labor contract.
As a result: Nominal increase (%) = (1+ real increase rate) x CPI of second year in comparison to first year - 1 = (1+3%) x 1.07 -1 = 10.21%.
=> Wage per hour must be paid in the second year = Wage per hour in first year x ( 1 + Nominal increase) = 10 x (1 + 0.1021) = $11.021.
When examining how price and demand changes will affect markets, it is important to consider how various goods are related. We can separate goods into 2 basic types: substitutes and complements. ... When the price increases for one good, the demand for the substitute will increase (assuming that price remains constant).
