If the demand for steak (a normal good) shifts to the left, the most likely reason is that consumer income has fallen.
<h3>What is a normal good?</h3>
Normal goods are goods that are goods whose demand increases when income increases and falls when income falls.
The demand curve shows the relationship between price and quantity demanded. A shift to the left of the demand curve indicates that demand has decreased.
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Beach Bake, a small maker of a new sunscreen, needs financing to build a warehouse. The owner wants to avoid personal loans. Asset-based financing I would recommend.
What is asset based financing?
Working capital and term loans are given to businesses using a specific technique called asset-based finance. As collateral, it uses real estate, accounts receivable, machinery, equipment, and inventories. When a loan to a corporation is backed by one of the company's assets, it is effectively referred to as a secured loan.
How do asset-based loans work?
Asset-based lending refers to a loan or line of credit given to a company and secured by a piece of property. Inventory, equipment, accounts receivable, and other balance-sheet assets are just a few examples of the different types of collateral utilized in asset-based lending.
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Answer:
the answer would be bankright because if u add 300 x 12 that would be 3,600 dollars and since shes 18 and that discount that would be five dollars and the monthly fee is 5 dollars. that would be 60s all together and she would have closest to to the her wanted amount so yeah.
Explanation:
brainliest pls
Answer:
$950 in order to maximize the revenue.
Explanation:
The computation of monthly rent in order to maximize revenue is shown below:-
R (x) = Rent price per unit × Number of units rented
= ($900 + $10 x) × (100 - x)
= $90,000 - 900 x + 1000 x - 10 x^2
R (x) = -10 x^2 + 100 x + $90,000
Here to maximize R (x), we will find derivative and equal it to zero
R1 (x) = -20 x + 100 = 0
20 x = 100
x = 5
Therefore the monthly rent is p(5) = $900 + 10(5)
= $900 + 50
= $950 in order to maximize the revenue.
