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ArbitrLikvidat [17]
3 years ago
11

The demand curve for loanable funds slopes: upward since it takes a higher rate of return to get more funds. upward because high

er rates of return are necessary to cover higher costs. downward because more potential projects yield 10% than yield 5%. downward because quantity demanded is lower when the price to borrow money is higher.
Business
1 answer:
KATRIN_1 [288]3 years ago
6 0

Answer:

downward because quantity demanded is lower when the price to borrow money is higher.

Explanation:

In this scenario, loanable funds will be treated like other commodities in the market. As per the law of demand,  demand for a product is inversely related to its price. An increase or decrease in price results in demand moving in the opposite direction. A demand curve represents the relationship between demand and price. It is downward sloping and shows the quantity demanded at various prices.

The interest rate is the price of a loan. It is the cost of borrowing money. A high-interest rate makes a loan expensive, thereby discouraging borrowers from borrowing. At Low-interest rates, loans become affordable and attractive to firms and households. Lenders are likely to issue more loans when interest rates are low.

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A exotic dancer on the pole
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Answer:

A) Product Line

Explanation:

Product line Strategy is a process whereby different set of related products are differentiated based on features and prices thereby setting products at different price levels in order to allow customer pick the product that most likely fit their needs and purchase power.

For example, Apple offers the iPhone XS and the iPhone XR as premium options. The iPhone 8 and iPhone 7 are then included as additional options. They are all the same product that is Apple product but at varying prices and features.

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You are a birder (birdwatcher) and your neighbor has put up several birdhouses in her yard and also planted trees and flowers th
REY [17]

Answer:

Positive externality

Explanation:

In economics, there are generally two different types of externality named as a positive and negative externality.

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Example: A particular beekeeper who tends to keep the bees as they produce honey.

In the question above, the given statement represents positive externality.

4 0
3 years ago
Joshua borrowed $1,400 for one year and paid $70 in interest. The bank charged him a service charge of $12. If Joshua repaid the
Katen [24]

Answer: 10.81%

Explanation:

The annual percentage rate is the percentage cost of credit on yearly basis.

APR will be calculated

= [(2 x n x I) /( P x ( N + 1)]

where,

n = number of months = 12

I = Finance cost = Interest + service charge = $70 + $12 = $82

P = Borrowed amount = $1,400

N= Loan period = 12

We'll then slot the values into the annual percentage rate (APR) formula and this will be:

= ( 2 x n x I) /( P x ( N + 1))

= ( 2 x 12 x 82) /( 1400 x ( 12 + 1))

= 0.1081

=10.81 %

5 0
3 years ago
On January 1, 2021, Wooten Technology Associates sold computer equipment to the Denison Company. Delivery was made on January 1,
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Answer:

$1,157 rounded to the nearest whole dollar

Explanation:

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