Answer:
The correct answer is option d.
Explanation:
An increase in the market demand will cause the market demand curve to move to the right. This rightward shift in the demand curve will lead to an increase in the market price.
This increase in market price will cause the individual demand curves to move upwards. As the price increases, the profits earned by the firms will increase as well.
Profit to a firm is the difference between its total revenue and total cost, as the price increases, revenue will increase and cost will remain the same. This will cause profits to increase.
Answer:
(C). Basing the credit decision on the receipt of public assistance income.
Explanation:
According to the Equal Credit Opportunity Act, applicants who have the capacity to contract are eligible to apply for credit and should not be discriminated against by any creditor.
<u>The act prohibits the creditor from refusing to grant credit on the basis of</u> age, religion, race, sex, marital status, or <u>whether the applicant receives public assistance income.</u>
Had to look for the options and here is my answer:
The type of bond that Doug has purchased based on the given situation above is called the CONVERTIBLE BOND. From the word itself convertible, this is the type of bond that can be converted into an exact number of <span>shares of common stock. Hope this helps.</span>
I would choose the cost-focus strategy because it depends on what the product is. The sales team should determine where the product would be placed on the cost leadership spectrum as it can help determine the value of what the product is worth. To add-on, cost-focused pricing focuses on building a reputation for the product as a good product for people to buy therefore your company becoming a niche leader in that product industry. In the end though, any product pricing strategy can work but it all depends on the situation and the resources around a business and product. Hope this helps!