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ra1l [238]
3 years ago
6

A few years ago, Michael Tucker purchased a home for $182,000. Today the home is worth $230,000. His remaining mortgage balance

is $17,000. Assuming Michael can borrow up to 80 percent of the market value of his home, what is the maximum amount he can borrow?
Business
1 answer:
kolbaska11 [484]3 years ago
3 0
Can you tell us the answer choices please
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In the product markets of the circular flow model, households provide __________ to the business sector in exchange for goods an
blsea [12.9K]

In the product markets of the circular flow model, households provide <u>Consumption Spending (or Revenues) </u>to the business sector in exchange for goods and services.

Consumer spending is the total amount of the money spent by people and families in an economy on finished goods and services for their own use and enjoyment. All private purchases of durable, nondurable, and service products are included in modern measurements of consumer spending.

To help estimate and plan investment and policy decisions, investors, corporations, and regulators regularly monitor published statistics and reports on consumer spending.

To know more about consumer spending, click here:-

brainly.com/question/14809763

#SPJ4

4 0
2 years ago
How much does ability determine success?
andriy [413]

It takes a lot ability to determine success. Wanting success on what your doing takes skill and talent. You can't succeed on something that your not great at, unless a specific goal is just trying something once.

Ns if this is what you meant but I hope this helps you :)

-Wolfs

5 0
3 years ago
Organic Eats provides an organic, vegan menu. Since there are very few restaurants that offer the same unique services, customer
Sphinxa [80]

Answer:

Focused differentiation strategy

Explanation:

A focused differentiation strategy is used by organizations that concentrate on having products that have a unique feature that fulfills the needs of a specific target market that is willing to pay more for these products. According to this, the answer is that in this scenario, Organic Eats is following a focused differentiation strategy.

3 0
3 years ago
Buscorp wants to introduce a new procedure for processing customer requests. if this change will require employees to break old
NeTakaya
If this change will require employees to break old routines and adopt new role patterns, the preferred strategy for dealing with resistance to this change such as this is learning. The company would want their employees to learn new methods so as to be able to adopt to the change and in a way encourage to their employees.
4 0
3 years ago
When people have insurance against a certain event, the notion that those people are less likely to guard against that event occ
sp2606 [1]

Answer: When people have insurance against a certain event, the notion that those people are less likely to guard against that event occurring is called a <u>moral hazard.</u>

Explanation: Moral hazard happens frequently in cases of insurance. If a person has a house, they can decide to install a vault because it reduces the risk of being robbed;

However, when the same person has arranged an insurance that covers the risk of theft of the house, they will have fewer incentives than in the previous situation, to install the security door and ultimately it will be able to increase the probability of the loss in this Theft case. This behavior, for example, before insurance coverage is called moral hazard.

4 0
4 years ago
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