Answer:
The answer is <em>Heterogeneous shopping products</em>.
Explanation:
Heterogeneous products are those that have more complex characteristics and the price loses relevance when considering the purchase, giving greater importance to the characteristics, understanding these as the functions and services they offer. In these types of products, the information obtained by the sellers is essential for the purchase process.
Answer:
B. a monopolist is the market demand curve
Explanation:
As we know that the under monopoly market the firm and the industry are similar to each other also the monopolist determined the price due to this he is a price taker and price maker and the curve of the demand would be downward that shifted from left to right
Therefore in the given situation, the option B is correct
And the rest of the options are wrong
Answer:
$458,197
Explanation:
I prepared an amortization schedule using an excel spreadsheet (which I attached).
purchase price $640,000
down payment $128,000
mortgage principal $512,000
APR 7%
monthly payment $3,406.35
principal's balance at the end of year 8 (month 96) = $458,197
<span>The inflation rate is 16.67%. To find this, we first need to compute the GDP deflator for each year and then we need to calculate the percent change in the GDP deflator. The GDP deflator is given by GDPdef=(nominal GDP/Real GDP)*100. For the first year, the GDP deflator is 120. For the second year it is 140. Percent change is given by [(new value - old value)/old value]*100. Plugging in 140 for the new value and and 120 for the old value, we see get that the percent change is 16.6667. Thus the inflation rate is approximately 16.67%.</span>
