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3 years ago

Describe at least four factors that affect the demand for a particular commodity.

Business

1 answer:

MrMuchimi3 years ago

5 0

Answer with Explanation:

There are so many factors affecting the demand for a particular commodity. Four of these are: the price of the complements, the income of buyers, changes in trend and advertisements.

1. The price of the complements - Some commodities are complementary with each other, just like cars and gas. If the price of cars decreases, then many people will purchase their own cars, which also follows that the demand for gas will increase.

2. The income of buyers - If the income of a person increases, then he will most likely purchase a particular commodity because he can afford it and has an extra money to purchase goods.

3. Changes in trend - Many people purchase goods because they're on trend. For example, if flare pants are fashionable this year, then the demand for it will increase. Once they're no longer on trend, the demand will drop.

4. Advertisements - The more advertisements a company spends on, the more likely buyers will purchase a specific commodity.

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You have just applied for a 30year 100000 mortgage at a rate of 10%.what must be annual payment be?

Fittoniya [83]

Answer:

The correct answer is "$10,607.92".

Explanation:

Given:

Amount borrowed,

P = 100000

Interest rate,

r = 10%

or,

= 0.1

Time,

= 30 years

Now,

The annual payment will be:

⇒ $A=P\times \frac{r(1+r)^n}{(1+r)^n-1}$

$=100000\times \frac{0.1(1+0.1)^{30}}{(1+0.1)^{30}-1}$

$=10,607.92$ ($)

7 0

2 years ago

Instead of assigning access for each user account individually, ________ is a more efficient and easier-to-manage approach. Cent

katovenus [111]

Answer:

Role-Based Access Control (RBAC)

Explanation:

Instead of assigning access for each user account individually, Role-Based Access Control (RBAC) is a more efficient and easier-to-manage approach.

In computer systems security, role-based access control or role-based security is an approach to restricting system access to authorized users. It is used by the majority of enterprises with more than 500 employees, and can implement mandatory access control or discretionary access control.

Hence, access need not be assigned for each user individually.

4 0

3 years ago

Which organization compiles data on individuals and businesses to report on their credit?

Tanya [424]

Answer:

Option A

Explanation:

There are primarily three credit bureaus to which the Lenders go namely -

a) TransUnion

b) Equifax

c) Experian

These three agencies are interested in reviewing credit reports before lending any financial aid.

Hence, option A is correct

3 0

3 years ago

Assume that the governance committee states that all projects costing more than $70,000 must be reviewed and approved by the chi

rodikova [14]

Answer:

The correct answer is the difference between governance and management oversight.

Explanation:

In conflict and post-conflict situations it is necessary that the security sector is governed by the principles of effective governance and accountability, to prevent this sector from misusing its prerogatives, that the authorities abuse its control over the actors in the security sector and, above all, to build public confidence and establish or restore the legitimacy of the sector (UNODC, 2011). For this to happen, it is necessary that the security sector actors accept that their decisions and actions can be questioned and that any inappropriate behavior can have consequences such as compensation for victims or sanctions. Without this type of accountability and transparency, corruption and other inappropriate behavior can flourish (UNODC, 2011).

4 0

2 years ago

Parts of the retail industry in which a small number of businesses control a large portion of the market represent __________.

solniwko [45]

The answer to your question is "Oligopolies."

An oligopoly is a market form where a market is controlled by a few large sellers or businesses. The type of market is going to effect the price in one of two ways. The first possibility is that the few businesses will work together, or collude, in order to establish higher than normal prices. The second possibility is that there will be fierce competition between the few sellers, which will result in a high level of competition and lower prices.

8 0

2 years ago