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3 years ago

Which one is it? Subject: Economics Foolproof Module 6

Business

1 answer:

adoni [48]3 years ago

8 0

Answer:

True.

Explanation:

A credit card can be defined as a small rectangular-shaped plastic card issued by a financial institution to its customers, which typically allows them to purchase goods and services on credit based on the agreement that the amount would be paid later with an agreed upon interest rate.

A 0% interest credit card refers to a credit card that has no interest charged on it for a specific period of time, usually between twelve (12) and twenty-one (21) months.

Thus, a credit card holder with a 0% interest won't have to pay interest on any purchase for the duration of the incentive.

However, the 0% interest card holder is still required to make monthly minimum payments and must be made promptly.

Hence, if you make a late payment on a 0% interest card, you're responsible for paying the entire interest from the time you opened the card.

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Which of the following is a business organization owned by a group of people for their mutual benefit?

slava [35]

A cooperative. A cooperative--a business owned by a group of people to meet mutual (economic, social and cultural needs and aspirations).

4 0

3 years ago

Read 2 more answers

When this market is in equilibrium, price is $ $6 and quantity bought and sold is 300 units. In equilibrium, consumer surplus is

Gnom [1K]

Answer: hello your question is incomplete attached below is the missing information

Answer :

$900

$600

Given the new price of $4 by Government

quantity demanded = 400 units

quantity supplied = 150 units

quantity bought and sold = 150 units

$975

$150

$375

Explanation:

Consumer surplus ( area below demand curve and above $300

= Area of triangle = 0.5 * base * height

= 0.5 * 300 ( 12 - 6 ) = $900

producer surplus ( area above supply curve and below $300

= Area of the triangle = 0.5 * 300 ( 6-2 ) = $600

Given the new price of $4 by Government

quantity demanded = 400 units

quantity supplied = 150 units

quantity bought and sold = 150 units

Consumer surplus ( area of triangle + area of rectangle )

= 0.5 * 150 * ( 12-9 )+ L*B

= 0.5 * 150 * ( 3 ) + 150 * ( 9 - 4 ) = $975

producer surplus ( Area of triangle )

= 0.5 * 150 * (4-2) = $150

deadweight loss ( area of triangle )

= 0.5 * ( 300 - 150 ) ( 9-4 )

= $375

6 0

2 years ago

Planning involves ________.

kobusy [5.1K]

Setting goals and objectives is a part of planning.

Planning includes both the process of developing a plan and its accurate and timely execution.

Planning may be extremely helpful in avoiding mistakes and seeing possibilities. Good planning demonstrates management's familiarity with the company and their consideration of changes in "products," management, finance, and—perhaps most importantly—the external environment, which includes markets, competitors, users, and regulations. Planning aids in future prediction, future visibility, and the construction of a link between the present and this future.

To know more about planning.

brainly.com/question/25453419

#SPJ4

3 0

2 years ago

T-Bills are a security whose price can vary in the market where they are bought and sold after they are auctioned to the investi

natka813 [3]

Answer:

C. What you earn on this security would not change as a result of the change in interest rates.

Explanation:

The increase in the interest rate will decrease the price of the T-Bill if you want to sell it to another investor, but what you will earn with the security will not change at all. Your earnings in dollars = interest rate paid by the T-Bill or any other type of bond.

If you buy and sell securities for a living, then a change in the interest rates can make you win or lose money, since the price of the securities will increase or decrease. If interest rates increase, the price decreases. But if you invest on a security to earn the coupon or interest rate that it pays, a change in the price will not affect you because you already own it. The opportunity cost of holding the security might change, but the accounting revenues will not.

7 0

3 years ago

Megan is a salesperson for an industrial chemical manufacturer. While reviewing her new leads, Megan learned that two of the lea

kati45 [8]

Answer:

B) they do not have a need for the products or services her company is offering

Explanation:

The reason why Megan will not consider the two prospects qualii leads is if they do not need her companie's products.

For these other options, they have the need but need further follow-up

a. They do not have the budget or financial resources to purchase the product.

c. They are too busy to meet with salespeople.

d. They do not have the authority to make a purchase decision.

e. They are not in her company's target market.

5 0

3 years ago