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TiliK225 [7]
3 years ago
12

Suppose that in the U.S. consumer market, the demand for credit cards is increasing. As the demand for credit cards increases, w

hat are the effects on the equilibrium quantity and interest rate in the market for credit? Illustrate this effect on the graph below by shifting the appropriate curve.
Business
1 answer:
Anna [14]3 years ago
8 0

Answer:

Both equilibrium quantity and interest rate will shift to the right.

Explanation:

A shift to the right on those two factors candidates a general increase in the market.

As a demand for a certain product increase, The producer will match it up by increasing the supply of that product in order to accommodate as many consumers as possible. This will cause the equilibrium between demand and supply increased.

As the consumers base grow, there will be more competitors show up to offer the credits for the customers. This will make the potential income that credit providers decreased. As a response, it is very common for them to raise the interest rates for the credit.

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Department S had 500 units 70% completed in process at the beginning of the period, 7,600 units completed during the period, and
Rudik [331]

Answer:

7,727 units

Explanation:

According to the scenario, computation of the given data are as follows:

Department S beginning = 500 units

Completed % in process = 70%

Total completed during period = 7,600 units

End of period = 900 units 53 % completed

So, we can calculate the units of production using FIFO method.

Check attachment for the Solution.

The attachment is attached below.

3 0
3 years ago
If we control for ________, which takes into account deflation and reflects the average well-being of the Japanese people, in th
bonufazy [111]

Answer:

Purchase price parity.

Explanation:

Purchase prices parity is a tool that is used to compare the purchasing power of two currencies by using a certain good. It consider purchasing power of different locations.

Purchase price parity is calculated by dividing price of one basket of goods in one location and an equal basket of goods in another location.

So if we considered purchase price parity in the per capita GDP calculations, we will notice Japanese growth simply wavered during the 1990s.

6 0
3 years ago
Red Line, Inc. has a cash balance of $80,000, short-term investments of $20,000, net receivables of $60,000, and inventory of $4
baherus [9]

Answer: 0.80:1

Explanation:

Given that,

Cash balance = $80,000

Short-term investments = $20,000

Net receivables = $60,000

Inventory = $450,000

Current liabilities total = $200,000

Quick assets = Cash balance + Short-term investments + Net receivables

= $80,000 + $20,000 + $60,000

= $160,000

Red Line’s quick ratio = \frac{Quick\ Assets}{Current\ Liabilities}

= \frac{160000}{200,000}

= 0.80 : 1

7 0
3 years ago
Jody manages the sales team for a sports equipment manufacturer. sales have been slipping downward at an alarming rate. she call
muminat

Answer: Directive Leadership

Jody manages the sales team for a sports equipment manufacturer. Sales have been slipping downward at an alarming rate thus Jody called a department meeting and set sales goals that the team need to meet. She doesn't care how they meet their goals; she just wants them to do it. Based on this path-goal theory, Jody is using a <span>directive style of leadership.</span>

3 0
3 years ago
Read 2 more answers
____________ result(s) from factors such as manufacturing products in very large quantities, buying inputs in bulk, or making mo
Delicious77 [7]

The question is incomplete, it lacks option.

A) Brand loyalty

B) Demographic forces

C) Political forces

D) Brand positioning

E) Economies of scale

Answer:

Economies of scale

Explanation:

Economies of scale can be described as a reduction in cost, this occurs when companies increases the rate of their production.

Economies of scale can also be reffered to as a process whereby an organization becomes more efficient and therefore reduces the costs of their products.

Economies of scale can be greatly influenced by a large amount of capital which is made available to companies to improve their various operations.

4 0
4 years ago
Read 2 more answers
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