The act placing a fraud alert is an effective way of dealing with inaccuracies in a credit report because its encourages the lenders and creditors to take an extra steps to verify the credit-account holder before issuing credit.
<h3>What do we know as credit report?</h3>
Basically, a typical credit report refers to a statement that has important information about your credit activity and & credit situation such as loan paying history and the status of your credit accounts. Most people in the United States have more than one credit report
The purpose of placing fraud alerts on credit reports is explained as follows. When a fraud alert is placed, its can make it harder for someone to open unauthorized accounts in your name. Also, the action also encourages or requires lenders and creditors to take extra steps to verify your identity such as contacting one by phone before opening a new credit account in your name or making changes to existing accounts.
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Answer:
The growth in the business and the amount of work given to the person and also the number of hours he/she works
The Circular Flow Model aims to show how different sectors in the economy interact.
- Households ⇒<u> </u><u>Labor </u>⇒ Resource / Factor Market
- Households ←<u> Wages / Salaries</u><u> </u>→ Resource / Factor Market
Households provide labor to the resource market and in exchange, they are paid a salary.
- Resource / Factor Market → <u>Labor </u>→ Firms / Business
- Resource / Factor Market ← <u>Spending </u>← Firms / Business
The labor that households provide the resource market is employed by companies to produce goods and services. They then spend on paying wages for the labor they receive.
- Firms / Business → <u>Products </u>→ Product Market
- Firms / Business ← <u>Revenue </u>← Product Market
The firms will then sell the goods and services produced to the product market where they will earn a revenue for selling them.
- Product Market → <u>Products </u>→ Households
- Product Market ← <u>Income </u>← Households
Households will go to the product market to buy goods and services. They will then use the income they earned from the companies to buy these goods and services.
In conclusion, the economy interacts in such a way that every sector is connected.
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Answer:
The correct answer is letter "D": Consumer preferences are markedly different in the two markets.
Explanation:
Price discrimination comes into place when a good or service is offered at different prices to different people. For price discrimination to be legal, the benefited party must be somehow unfavored which mill justify the differences in the price offers.
In the business world, companies apply price discrimination as well when their products are sold in different regions. This is to attract new customers who do not have the same preferences as the company's consumers in its usual region.
Answer:
125 and $15,156.6
Explanation:
The end inventory us 125 units and thus 300 units were sold
