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Allisa [31]
3 years ago
11

1. what are three characteristics of credit cards

Business
1 answer:
svp [43]3 years ago
7 0

Answer:

Alternative to cash. Credit limit, Aids payment in domestic and foreign currency. and Account maintenance and minimum balance. Many banks charge fees for maintaining checking or savings accounts, ATM, Overdraft

Explanation:

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An increase in the quantity supplied can result from
QveST [7]
The only factor that can cause a change in quantity supplied is price, so increase in Qs results from a change in supply price.
4 0
3 years ago
. Licensing occurs when: a. A licensee allows a licensor to use its intellectual property for a fee. b. A professional league pa
DedPeter [7]

Answer:

c. The owner of an intellectual property grants its use to a league in exchange for a fee.

Explanation:

Licensing occurs when: owner of an intellectual property grants its use to a league in exchange for a fee.

8 0
3 years ago
Read 2 more answers
Over a five-year span, the ABC Co. reduced the amount of labor it hired. At the same time, the marginal productivity of labor in
tankabanditka [31]

Answer: D. All of the above

Explanation: The three options listed could explain why the productivity of labor increased with a reduction in the quantity of labor hired. The law of diminishing returns states that as more and more inputs of production are added, a time comes in when additional inputs causes no corresponding increase in productivity. At points like this a reduction in the input added would restore productivity.

Reducing the amount of labor obviously is a labour saving technical change. Changes in organizational innovation can also result in changes in productivity.

5 0
3 years ago
If a man originally paid ​$4000 in property​ taxes, what will his new tax payment be if he saves 8​% this​ year?
choli [55]

Answer : The new tax payment when he saves 8 % tax this year is, $3680

Explanation :

As we are given that,

Original property​ tax paid by a man = $4000

Percent rate of saving tax = 8 %

First we have to calculate the amount of tax he saved.

Amount of tax he saved = \$ 4000\times 8\%

Amount of tax he saved = \$ 4000\times \frac{8}{100}

Amount of tax he saved = $320

Now we have to calculate his new tax payment when he saves 8 % tax this year.

New tax payment = Original property​ tax - Amount of tax he saved

New tax payment = $4000 - $320

New tax payment = $3680

Thus, the new tax payment when he saves 8 % tax this year is, $3680

3 0
3 years ago
Wilson Wonders's bonds have 12 years remaining to maturity. Interest is paid annu- ally, the bonds have a S1,000 par value, and
MAXImum [283]

Answer:

approximate YTM = 12.16%.

Explanation:

the approximate yield to maturity = {coupon + [(face value - market value) / n]} / [(face value + market value) / 2]

approximate yield to maturity = {100 + [(1,000 - 850) / 12]} / [(1,000 + 850) / 2] = 112.5 / 925 = 0.1216 = 12.16%

An investor that purchases this bond at $850 can expect to earn a 12.16% return.

3 0
3 years ago
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