Answer:
The disadvantage of offering credit would be that Kate loses $125 on the sale of each $5,000 package.
$125 is 2.5% of $5,000
Her expected gain is shortened by $125 and now becomes (500 - 125 = $375).
Explanation:
The advantage of offering credit would be that immediate cash is provided, upon presentation of the sales receipts.
Answer:
The answer is is measured as the combined loss of consumer surplus and producer surplus.
Explanation:
Deadweight loss refers to the loss of economic efficiency when the equilibrium outcome is not achievable or not achieved.
The only factor that can cause a change in quantity supplied is price, so increase in Qs results from a change in supply price.
Answer:
option ( c ) an unlimited amount of money
Explanation:
According to the Texas campaign financing rules, there are no restrictions applied by the government of texas to the amount of money that the candidates running for a nonjudicial office in the State of Texas can raise for their campaign
Hence,
The answer will be option ( c ) an unlimited amount of money
<span>Present
value is the current value of a future sum of money. Present value of money is
used to compute the time value of money. It is also known as ‘present discounted
value’ or ‘discounted value.’ It is the worth of money now to be paid in series
of payments at a certain interest rate to arrive at the future value.</span>
