This will create a surplus of the product. Because with the price being higher there won't be as many purchases as there would be if there was a cheaper alternative.
Answer:
can you explain alil more i dont understand sorry
Explanation:
The answer is $3500.
You are simply asking for the equivalent of 2 points for the mortgage of $175,000. Since 1 point is equal to 1% of the mortgage, 2 points is 2% of the mortgage then.
Equation:
Y = P% * X
Y = 2% * 175000
Convert P into decimal: P = 2/100 = 0.02
Y = 0.02 * 175000
Y = 3500
Answer:
Western Europe
Explanation:
Western Europe was the only relevant answer for the 18th century, everything dealing with Africa and Asia was in the pas like in the 1300s
