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agasfer [191]
3 years ago
11

What is likely to happen if a borrower misses a payment on a credit card account?

Business
2 answers:
lina2011 [118]3 years ago
8 0
The borrower will get a late fee and possibly a higher interest rate
julsineya [31]3 years ago
6 0
The borrower will get a late fee for not paying on the due date. 
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Why net profit will be higher if increases average prices to customers?​
vampirchik [111]

Answer:

Higher prices with same sales quantity will mean greater profit.

Explanation:

Let's hold some variables constant. If a business sells books, and they take the prices up, if they sell the same quantity (at higher prices) this would increase revenues. Higher revenues, less the same cost structure (variable and fixed costs) will lead to a greater profit generation. Of course in the real world, price elasticity of demand comes in play when prices are changed. If prices go up, typically sales quantity will decrease and there may be a net effect in revenue and hence profit. In the simple case where prices go up and sales quantity is unaffected, net profit will rise.

6 0
3 years ago
Corn chips and potato chips are substitutes. Good weather that sharply increases the corn harvest would a. increase consumer sur
yaroslaw [1]

Answer: Option(a) is correct.

Explanation:

Corn chips and potato chips, both are substitute goods and thus, affect each others demand by a small changes in various factors.

In this question, a good weather increases the harvesting of corn which increases the supply of corn chips.

This shifts the supply curve rightwards as a result price falls and quantity increases. Hence, this lower price, increases the consumer surplus in the market of corn chips.

This change in the supply of corn chips will affect the demand for potato chips in the potato chips market. So, the demand curve for potato chips shifts leftwards. This shift in the demand curve, reduces the price level and quantity level. Hence, this lowers the producer surplus in the market for potato chips.

6 0
3 years ago
Given below are several ratios. "Select the accounts or amounts that would be used in order to calculate the ratio. You will hav
kirill [66]

Answer:

Dividend yield ratio.

(a) Market price per share

(e) Common dividends per share

Explanation:

The formuls it's

Cash Dividends per Share (Common)

=================================   =   DIVIDEND YIELD

Market Value per Share (Common)

As the outstanding shares are the same, it is only necessary to divide the value of the dividend per share by the market price of the outstanding shares.

4 0
3 years ago
Two of the economy’s most important financial intermediaries are
svet-max [94.6K]

Answer:

d. banks and mutual funds.

Explanation:

Financial intermediaries are bodies or individuals that connect surplus and deficit agents. These institutions serve as middlemen among diverse parties in financial transactions. These include banks, mutual funds, pension funds, building societies etc. Banks and mutual funds are two of the economy's most important financial intermediaries.

6 0
3 years ago
What was real per capita GDP in 1933 measured in 2008 prices? (Use the data in the table below and a price index of 100/1400 to
Artist 52 [7]
There is some information in the table that is not needed in this problem. To find real per capita GDP in 1933 measured in 2008 prices, just multiply Nominal per capita GDP in 1933 by how many times expensive the prices are in 2008 than they were in 1933. The solution is $444 x 14 = $6,216. So, the answer is $6,216.
7 0
3 years ago
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