The type of financing that includes the purchasing of furnished cottage on a lake with the full deed is called as a package deed of trust
Explanation:
Package deed of trust will involve the third party and they will serve as the trustee in between the lender and the borrower and the property will be in the hands of the trustee until the lender pay off the the loan
This will transferred with the legal property and they will hold the security loan and it will be made equitable and the title will remain with the borrower until they pay of the money
The tires and the pedals and on the helmet
A) Setting multiple budgets
Answer:
9.8043608091773
Explanation:
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Answer:
First of all let's understand what is demand
Demand is the total value of goods and services demanded in an economy during a specific time period at a given price level. It is also referred as the demand for the gross domestic product of a country.
a.
Future expectations:
Since the consumers are expecting the new model in the next year, they would prefer to buy the new model. Thus, present demand for mobile phone would decrease.
b.
Increasing disposable income:
The gift of $500 would increase the disposable income by $500. Since the person’s income increases, they would demand more. Thus, it leads to increase the demand for mobile phone.
c.
Related goods:
Text messaging is complementary goods with the mobile. Since the price of a text message is service price decreases, it leads to increase the demand for mobile.
d.
Preferences:
The friend increases the preferences of buying mobile by describing the positive aspects of new mobile. This increases the person’s interest and he would buy the mobile. Thus, strong preference leads to increase the demand for mobile.