<span>The amount you plan on paying in full as a balance when the bill comes inn.
So,
</span><span>The maximum outstanding balance you should have on a credit card with a $4,000.00 limit is $ 4000.</span>
The income effect because you’ll gain more money personally and the substitution effect is about everybody in the building getting a “fair share”.
The correct answer would be, Opportunity.
Grace is the owner of a local trinket shop. A successful global company approached her about selling its product in her shop. Grace knows this product and company can help her exceed her existing goals. Selling candles is an Opportunity for Grace.
Explanation:
If an individual or company gets a chance to do something, then this is called as the opportunity. The opportunity is always considered better for an individual or the company.
For example, when a person who owns a trinket, (which is the small ornament which has a little value), gets a chance to sell the product of a company which operates internationally or globally, then this would be considered an opportunity for the small business owner. By selling a globally recognized product at your shop, the likelihood of sale of your own product is increased. So Grace would be really happy to sell candles of other company at her shop, as this would be an opportunity for her.
Learn more about opportunity cost at:
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Answer:
$416
Explanation:
The computation of price set by the merchant is shown below:-
We need to use the equation with the help of given information
Let us assume the price be x
x - 25% of x = $260 + 20% of $260
x - 0.25 x = $260 + 0.20 × $260
x - 0.25 x = $260 + $52 ..... (i) equ
Now we will solve the equation of x
(1 - 0.25)x = $312
0.75x = $312
x = $312 ÷ 0.75
x = $416
General revenues fund budget is a budget for a nondedicated revenue account that functions as the state's primary operating fund.
A general fund is defined as general purpose and restricted revenues in finance, it is reflected as the major share of the state
