The obvious advantage of an adjustable-rate mortgage is that they carry lower interest rates during the fixed period of the loan. ... By the end of the 5-year fixed period, the borrower will have made a much larger dent in their balance than the borrower who uses a 30-year fixed mortgage.
The correct answer is an indirect marketing channel. An
indirect marketing channel is being defined as a way of having a distribution
channel that likely relies on the intermediaries in order to perform almost all
of the distribution functions by which is also known as the whole sale
distribution.
Answer:
c. shift the supply curve of professors to the left ceteris paribus
Explanation:
Labour Supply curve shows the labour hours, employees or workers are willing & able to supply, at given wage rates during a period of time.
The curve is upward sloping due to positive relationship between wage rates & labour. As more labour is supplied at higher wage rate, less labour is supplied at lower wage rates.
Change in any other factor other than wages, changes (shifts) the supply curve. Factor increasing labour supply shifts the supply curve rightwards. Factor decreasing labour supply shifts the supply curve leftwards.
The case given : as increase in the minimum qualifying eligibility for the job, decreases the number of people who are 'able' to supply labour as per the criteria. So, it decreases labour supply & shifts the curve leftwards.