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Allushta [10]
2 years ago
13

Why do we say that credit is basically a loan?

Business
1 answer:
Ket [755]2 years ago
4 0
Technically no, a loan is when you borrow money, credit score shows of you pay your bills on time and all that
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Determine whether each of the following topics would more likely be studied in microeconomics or macroeconomics. The effect of g
DaniilM [7]

Answer: See explanation

Explanation:

We should note that microeconomics deal with a particular sector in the economy and not the whole sector. Macroeconomic deals with the whole economy and looks at ways by which the decisions of government have an effect on the whole economy.

Based on the above explanation, the answer is provided below:

• The effect of government regulation on a monopolist's production decisions= Microeconomics

• The effects of government tax policy on long-term economic growth = Macroeconomics

• The optimal interest rate for the Federal Reserve to target = Macroeconomics

4 0
2 years ago
What are the advancements made in the automotive industry in 2020
Nata [24]

Answer:

Autonomous Vehicles (AV)

Connectivity

Electrification

Shared Mobility

Artificial Intelligence (AI)

Big Data & Data Analytics

Human-Machine Interface

Blockchain

Explanation:

6 0
2 years ago
Read 2 more answers
5 Make versus buy, activity-based costing. The Svenson Corporation manufactures cellular modems. It manufactures its own cellula
zmey [24]

Answer:

See below

Explanation:

Expected manufacturing costs 2018:

Direct materials $170 × 10,000 = $1,700,000

Direct labor $45 per unit × 10,000 = $450,000

Variable overhead per batch 1,500 × 80 = $120,000

Fixed overhead:

Avoidable $320,000

Not avoidable $800,000

1. Calculate that total expected manufacturing cost per unit of making CMCBs in 2018

= $1,700,000 + $450,000 + $120,000 + $320,000 + $800,000

= $3,390,000

Cost per unit = $3,390,000/10,000 units

= $339 per unit

2. Svenson should keep manufacturing the CMCBs

Costs if CMCBs are purchased from Minton = ($300 × 10,000) + $800,000

= $3,000,000 + $800,000

= $3,800,000

It means that the cost of purchasing is $410,000 [ $3,390,000 - $3,800,000] higher than the cost of manufacturing.

5 0
2 years ago
Brenda was planning a small dinner party and had gone to a new specialty food store with coupons she'd found in the food section
Softa [21]

Answer:

<em><u>In store promotion</u></em>

Explanation:

Brenda was planning a small dinner party and had gone to a new specialty food store with coupons he'd found in the food section of the paper. At the store she also found a buy one , get one free deal and a gift offered with the purchase of a particular dessert . She altered the menu as a  result of the <em><u>promotion in store</u></em> and ended up spending less than she'd planned.

Promotion in sale is good tactic used bu the sores to increase their sales . Store's promotion attract people and they intend or desire to buy the product.It always helps the customer to remove their dissatisfaction as they can even physical touch the product and can know about the quality of the product . It builds a strong connection between the seller and the buyer.  It helps i creating the brand loyalty . It helps in creating a good product image of the product in the mind of the the buyers.

5 0
3 years ago
When a country that imports shoes imposes a tariff on shoes, buyers of shoes in that country become worse off.
blondinia [14]
It is true because a country that imports a tariff on shoes buyers of shoes in that country don’t do well so the answer would be True
7 0
2 years ago
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