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jasenka [17]
3 years ago
13

What are credit card statistics

Business
1 answer:
Sveta_85 [38]3 years ago
4 0

Answer: Credit card statistics are a compilation of various usages of credit cards and debt ratio of consumers.

Explanation:

Every year, there is a new set of credit card statistics released to the public. These stats are based on credit card usage, age, debt ratio, credit worthiness,  state and many other things.

In 2020, there were several companies who released credit card statistics such as credit card companies and even law firms. Included in these stats are the states with the highest credit card debt and the lowest credit card debt.

Here is a small list of things that are included on the stats;

  • Credit Card Debt by Income Level
  • Chart: Credit Card Debt by Generation
  • Chart: Credit Card Debt by Age
  • Credit Card Debt by State
  • States With the Lowest Average Credit Card Debt
  • States with the Highest Average Credit Card Debt
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Which of the following is not a product cost under variable costing?
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On November 26, Joe wrote to Kate offering to purchase a farm that she owned. Upon receiving the letter on November 28, Kate imm
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Answer:

No, a contract has not been form because the offer has been revoked

Explanation:

an offers can be terminated if there is rejection of offer by the offeree. an offer can be revoked before its has been accepted. Since the revocation is made known to Joe before the letter of acceptance reach joe. No contract has been form.

Acceptance or rejection of offer can be done orally or written. orally can be through phone communication.

the phone call can also be a form of rejection of offer which has been declared by the offeree.

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3 years ago
If implemented, the southern alliance's proposed "subtreasury system" would have eased the farm debt crisis by?
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The sub-treasury plan, the federal government would hold crops in public warehouses and issue loans on their value until they could be profitably sold.

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They were caught between increased costs and falling prices.

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Farmers relied on railroads and grain elevators but were forced to pay higher than usual rates.

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1 year ago
You are the curator of a museum. The museum is running short of funds, so you decide to increase revenue. What should you do to
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Answer and explanation:

Demand elasticity measures the changes in quantity demanded as the result of changes in price. Demand elasticity is calculated by dividing the percentage change in quantity demanded by the percentage change in price. If the result is equal or higher than one (1) the product is <em>elastic </em>but if the result is lower than 1 the product is <em>inelastic</em>.

In the case, <em>as the elasticity of demand of the museum ticket is 0.45 it means the museum tickets is inelastic. This scenario implies that in front of changes of price the quantity demanded will not change. Thus, as a curator of the museum you should </em><u><em>increase the museum ticket price to increase revenue</em></u><em>.</em>

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