Answer:
Louie's total cost is $ 7,625.
Explanation:
Closing costs are fees associated with your home purchase that are paid at the closing of a real estate transaction. Closing is the point in time when the title of the property is transferred from the seller to the buyer. In the above question all cost mentioned in question meet defination of closing cost.\
For more info please refer to below given calculation.
Loan application = $ 400
Attorney fee = $ 500
Appraisal fee = $ 400
Title insurance = $ 1200
Doc Fee = $ 75
Credit fee = $ 50
Fee and interest = (250000*0.02)= $ 5000
Adding all above we get $ 7,625.
Today, bills are paid by Consumers through use of mobile and online banking because its facilitate easy transaction.
Let understand that Internet Banking allows consumers to conduct online transactions through their gadget which uses an internet connection.
Mobile banking allows consumers to make transaction with or without internet.
Prior to this modern civilization, consumers will have to visit outlet which offers the service of making payment for various transaction such as Electricity bill, Mobile bills etc.
Today, the gadget allows easy transaction of those transaction.
Therefore, in conclusion, the reason why consumers mostly use the mobile and online banking to pay bills is because its facilitate quick and easy transaction.
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<em>brainly.com/question/25080140</em>
They should sell the info and make that cash cash money
Answer:
creates a shortage
Explanation:
Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.
Because price is set below equilibrium price, demand would outstrip supply and this would lead to a shortage
Effects of a price ceiling
1. It leads to shortages
2. it leads to the development of black markets
3. it prevents producers from raising price beyond a certain price
4. It lowers the price consumers pay for a product. This increases consumer surplus
Answer:
E) bait and switch
Explanation:
BAIT AND SWITCH can be defined as a way in which a seller use advert of a low price to deceive and attract customers to their shop in which the products or item advert by seller is not available in order to sell similar or separate product to the customer at a higher price instead of selling the same product with a low price advertised by the seller.
Example a seller may advert a quality Italian shoe with a low price of $50 in order to deceive a buyer or customers to their place of business by then selling a similar product of shoe that looks like the one advertise by them to the customer at a higher price of $300.
