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Vlad1618 [11]
4 years ago
11

Willingness to pay

Business
1 answer:
alex41 [277]4 years ago
4 0

Answer:

The correct answer is option a.

Explanation:

The willingness to pay for a product can be defined as the maximum amount an individual is willing to procure or obtain a product. The price of a product lies between a consumer's willingness to pay and a seller's willingness to accept.  

The willingness to accept is the minimum amount a seller is willing to accept to let go of a product. Willingness to pay indicates how valuable good is for the buyer.

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Sally and Dan must pay 2 points on their new $65,000 loan. What will they have to pay at closing for the points?
gayaneshka [121]

Answer:

correct option is B. $1,300

Explanation:

given data

loan = $65,000

pay = 2 points

solution

As we know normally point worth = 1%

and they pay 2 point so that

2 point = 2 % = 0.02

so pay at closing for the points will be

pay closing for the points = 0.02 × loan amount .....................1

pay closing for the points = 0.02 × $65000

pay closing for the points = $1300

so correct option is B. $1,300

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Answer:

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Explanation:

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3 years ago
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Cultural trainings are trainings that are directed at the local customs and traditions of the foreign country where an an expertraite is to be posted.

7 0
4 years ago
What is the amount of money you still owe to their credit card company called
aleksandr82 [10.1K]
Hello there.

What is the amount of money you still owe to their credit card company called

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In the context of the BCG matrix, which of the following businesses would be classified as a dog? a. Bigs Steel, a metal manufac
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Explanation:

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