A credit limit<span> is the maximum amount of credit that a financial institution or other lender will extend to a debtor for a particular line of credit (sometimes called a credit line, line of credit, or a tradeline).</span>
would say that it is true. But I'm not completely sure
Answer:
D, decline in total surplus that results from a tax.
Explanation:
Dead-weight loss is also known as excess burden. It is a situation where in there is a loss of economic sufficiency as a result of tax.
This economic sufficiency is when the supply of goods and services aren't met. That is, there is no market equilibrium between demand and supply. Taxes, subsidies, price rise or fall can be the reason for dead-weight loss as it causes the imbalance of demand and supply of goods or services to the consumers through price manipulations.
To calculate dead-weight loss, change in price as well as change in quantity demanded are important factors to consider.
Cheers.
Answer:Revolving Credit. Charge Cards. Installment Credit. Non-Installment or Service Credit
Answer:
250
Explanation:
total cost= unit cost x units
there are different unit costs every day shown apart from august 29, i used the latest date of 6 dollars per unit instead.
13 x 4 + 18 x 6 + 15 x 6 = 250
