Interest
Interest is the monetary charge for borrowing money—generally expressed as a percentage, such as an annual percentage rate (APR). Key factors affecting interest rates include inflation rate, length of time the money is borrowed, liquidity, and risk of default. Interest can also express ownership in a company.
Answer:
Infomercial.
Explanation:
An infomercial is a form of advertisement which is aimed at educating the customer about a product or a series of products via television in the form of a program.
False.
It DECREASES. The midpoint of the demand curve will be unitary elastic, whereas above it, it will be elastic and below it, it will be inelastic.
Answer:
Budgeted Operating expense= $505,375
Explanation:
Giving the following information:
Operating Expenses Variable Operating Costs $.75 per unit sold
Fixed Operating Costs $475,000
Other Info: Units sold in 2016 40,500
To determine the budgeted operating expense, we need to use the following formula:
Operating expense= total fixed operating expense + total variable operating expense
Operating expense= 475,000 + 0.75*40,500= $505,375
