Given:
3 year loan
$2,075 loan amount
10.7% Loan APR
*no payment for the first 11 months.
3 years is equivalent to 36 months.
36 months - 11 months = 25 months.
Colton must make 25 monthly payments to pay off his loan.
Usually, businesses can give this kind of promo because the interest in the months of no payments have already been added in the list price of the product. Thus, ensuring that the company will always profit from this promotion.
B. harassment. you cowork has no business commenting on your clothes
The industry is likely to be a monopolistic industry.
<h3>What is a monopolistic competition?</h3>
A monopolistic industry is when there are many firms selling differentiated products in an industry. A monopolistic competition has characteristics of both a monopoly and a perfect competition. There is an intense completion among firms in this industry. An example of monopolistic industry are restaurants
To learn more about monopolistic industry, please check: brainly.com/question/21052250
#SPJ1
Answer:
The cost of producing one bottle is $10
.
Explanation:
The fixed costs of making the drug = $1 million
The selling price of the 50 pills bottles = $10
Total number of bottles sold at breakeven =200000
Total revenue from the sale of bottle = $10 × 200000
Total revenue from the sale of bottle = $2000000
Since at breakeven point the total revenue is equal to total cost. So, total cost of producing the 200000 bottles is $2000000.
Thus, the cost of producing one bottle = $2000000 / 200000 = $10