Answer:
(B)
Explanation:
Europay, Mastercard , Visa (EMV) is a payment method based upon technical standard for smart card payments or ATMs that accept them.
These are smart cards (also referred to as chip cards) that are capable of storing large amount of information and also include a magnetic stripe at the back for backward compatibility.
Smart cards can serve as credit or ATM cards, fuel cards, mobile phone SIMs etc. Smart card chip can be loaded with funds and can be used for paying parking meters, vending machines or merchants.
b
Explanation:
From the lessee's perspective, in the earlier years of a lease, the use of the:
capital method will cause debt to increase, compared to the operating method.Therefore option b is correct. As in early years of lease operating method is far more beneficial then the capital method.
Answer:
Cherise’s indifference curves will be straight lines. Her optimal bundle will likely consist of just 1 good.
Explanation:
When two goods are perfect substitutes, their indifference curve is a straight line. The slope of the line is negative and it is -1, since any increase in the price of good A will result in the purchase of good B.
Indifference curves that are L-shaped result from two goods being perfect complements, not perfect substitutes.
Generally, indifference curves are convex, since the more you consume of good A will result in a higher substitution rate for good B.
Concave indifference curves are not common, since the more you consume of good A results in a lower substitution rate of good B, i.e. the more you consume of good A results in you wanting less of good B.