A market supply is a schedule or curve showing the various amounts of a product that producers are willing and able to make available for sale at each possible price during a specific period.
A market demand plan is a table that shows the relationship between price and demand for a particular commodity. To better understand this relationship, many economists plot a timeline of market demand on a graph called a market demand curve.
The demand plan shows that when the price increases, the quantity demanded decreases and vice versa. These points are plotted and the line connecting them is the demand curve. The product downward slope of the demand curve again indicates the law of demand, the inverse relationship between price and quantity demanded.
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Complete question:
Bradley currently has a Visa card from his bank with the following terms: 21 percent on purchases, 25 percent on cash advances with a 3 percent cash advance fee on the amount, and a default or penalty rate of 33 percent. His current statement shows a balance of $9,000. Lately, he has been having a hard time paying more than the minimum payment of 3 percent of his balance.
What is Bradley's minimum payment?
A) $158
B) $189
C) $270
D) $1,890
Answer:
Bradley's minimum payment is (C) $270.
<h3>What is the percentage?</h3>
- A percentage is a fraction of a whole expressed as a number between 0 and 100.
- Nothing is zero percent, everything is 100 percent, half of everything is fifty percent, and nothing is zero percent.
- To calculate a percentage, divide the share of the total by the total and multiply by 100.
<h3>Solution -</h3>
Given - 21 percent on purchases, 25 percent on cash advances with a 3 percent cash advance fee on the amount, and a default or penalty rate of 33 percent. His current statement shows a balance of $9,000. Her minimum payment is 3 percent of the balance.
So, to find the minimum payment find 3% of $9000.
3% of $9,000 = $270.
Therefore, Bradley's minimum payment is (C) $270.
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Financial accounting, an asset is any resource owned by a business or an economic entity. It is anything that can be owned or controlled to produce value and that is held by an economic entity and that could produce positive economic value.
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The answer choice that you have really been looking for is the bank called Reba
The largest owner/operator of radio stations in the United States is iHeartMedia. In 2006, this company became a privately owned company.
<h3><u>
What are radio stations?</u></h3>
- Radio broadcasting is the process of sending audio over radio waves to radio listeners in a public setting, sometimes along with accompanying metadata.
- Unlike satellite radio, which uses a satellite in Earth's orbit, terrestrial radio broadcasting uses a land-based radio station to transmit radio waves. The listener needs a broadcast radio receiver to hear the material.
- A radio network with which stations frequently have affiliations provide content in a standard radio format, whether through broadcast syndication, simulcasting, or both.
- Various types of modulation are used by radio stations during transmission: Older analog audio standards like AM and FM are used by radio stations to transmit audio, whereas modern digital radio stations use DAB and other digital audio standards.
Through its division iHeartMedia and subsidiary iHeartMedia and Entertainment, Inc., iHeartMedia, Inc. focuses on radio broadcasting, podcasting, digital, and live events. With more than 850 full-power AM and FM radio stations nationwide, it is the largest radio station owner in the nation.
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