An example of a person making use of credit is a business owner takes out a loan to expand and redecorate her offices.
<h3>What is credit?</h3>
Credit is when a person makes use of money he or she does not have in her account. Usually, the person borrows the money from a lender. When a business owner takes out a loan, she is making use of credit.
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Answer:
$7,255
Explanation:
The computation of the total purchase price is shown below:
= Number of shares purchased × par value per share + commission paid
= 100 shares × $72 + $55
= $7,200 + $55
= $7,255
The Number of shares purchased × par value per share is also known as total purchase value
We simply calculate the total purchase value and then added the commission paid so that the accurate value can come
Answer:
A bachelor degree is typically earned between 3 and 4 years. Many schools require students to complete about 40 courses or 120 credit hours.
Answer:
B) Leave the equilibrium price unchanged.
Explanation:
Oligopolistic market is the arrangement where few companies offer same product to the customers. There is very less competition in the market so every supplier has fair chance for operating their business successfully. The kinked demand model curve in oligopolistic market would leave the equilibrium price unchanged.
Answer:
B) satisfying the changing needs of current and new customers.
Explanation:
When a restaurant wants to introduce a new dish, it's best to test the market response to the dish before listing it on the standard menu. A type of test would be offering the dish only in special occasions, when sales are higher, and more potential customers visit the restaurant.
Another way is to simply offer the dish in a normal weekday, and see how people respond to it under regular conditions.