A similarity between mortgages and auto loans is that both are less risky for lenders.
Lenders are the ones who lend money to those who need it urgently, in the form of a mortgage, or perhaps an auto loan. This money is going to be repaid monthly, or in whatever way the contract stipulates. It is less risky for the lender because legally, this has to be repaid.
Answer:
Negotiation
Explanation:
Liz and Moss disagree over the amount due under their contract. To avoid involving any third party in the resolution of their dispute, Liz and Moss might prefer to use the alternative dispute resolution method of negotiation.
Alternate Dispute Resolution methods include arbitration, mediation and negotiation.
<u>However of the 3 methods above arbitration and mediation involves the use of third party interference in the dispute resolution.</u>
<u>Therefore only negotiation is a viable means of alternate dispute resolution if the presence and interference of a third party is undesirable.</u>
If they cannot successfully collude and instead produce where the market price equals marginal cost, the market price will be higher.
More about market price:
The price at which a good or service can currently be purchased or sold is known as the market price. The dynamics of supply and demand influence the market price of a good or service. The market price is the cost at which the quantity supplied and the quantity demanded are equal.
In order to determine consumer and economic surplus, the market price is used. Customer surplus, also known as the market price, is the difference between the highest price a consumer is willing to pay and the actual amount they pay for the commodity.
Learn more about market price here:
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Answer:
it basically leads to rising prices
Explanation:
the easiest answer is inflation basically what it's know to be called
