Answer: The answer is B mail carriers
Explanation:
Answer:
7%
Explanation:
Calculation for the implicit interest rate on the note
First step is to calculate the PV factor
PV factor=$81,630/100,000
PV factor = 0.81630
Last Step is to find the implicit interest rate by using the PV table for 3 years to find the factor that matches the PV factor of 0.81630
Hence the factor that matches the PV factor of 0.81630 can be found or see in the 7% column which means that the implicit interest rate will be 7%
Therefore the implicit interest rate on the note will be 7%
. yes, because he didnt pay within the grace period
Answer:
B. the passage of time.
Explanation:
Price elasticity of supply measures how sensitive quantity supplied are to changes in price.
Price elasticity of supply is determined by the passage of time.
Typically, in the short run, the elasticity of supply is usually inelastic. Prices do not usually impact quantity supplied because in the short run, some of the factors of production are fixed. But in the long run, the price elasticity of supply are more elastic.
The other factors listed above in the options affect the price elasticity of demand.
Answer:
Inferior good
Explanation:
Inferior goods are those type or the kind of goods whose demand falls or decline when the income of the person or customer or individual rises or increases.
In short, the demand of the inferior goods is related inversely to the customer or person income.
So, in this case, the person bought 10 frozen pizzas per month, but when the person start earning, then the person would not buy the frozen pizzas. The frozen pizza will be inferior good for the person as the income of the person will rise.
