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abruzzese [7]
3 years ago
11

Which of the following is a common risk of using credit to make purchases

Business
1 answer:
DochEvi [55]3 years ago
6 0

Answer:

overspending

Explanation:

Credit purchases encourage one to spend more than they can afford. The fact that the sellers do not demand cash when goods change hands entices people to buy more. In credit purchases, cash is not required, only a commitment to pay later, which leads to overspending.

Overspending increases the probability of defaulting on credit payments. When the debt to income level rises too much, the borrower may be forced to miss some installment payments and cater to basic needs.

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Consider an oligopoly industry whose firms have identical demand and cost conditions. If the firms decide to collude, then they
77julia77 [94]

Answer:

The correct answer is C. A pure monopolist.

Explanation:

The pure monopoly arises when there is a total absence of competition, due to independent entry barriers to the company's competitive capacity.

A single company offers a product that has homogeneous characteristics, which has no substitutes and for that reason has a large number of buyers. There are also economic, technological or legal barriers that prevent the entry of potential competitors. That is, there are barriers to entry.

3 0
3 years ago
What would bill fall under, he applied and acquired for a new credit card and uses it regularly?
lidiya [134]

If  he applied and acquired for a new credit card and uses it regularly he will fall under: Voluntary.

<h3>What is credit card?</h3>

Credit card can be defined as the card that enables the card holder to carryout transactions such as purchases online in which the holder is expected to payback the amount used for the purchases.

If a obtain a new credit card which he use often or frequently, bill will tend to fall under voluntary because he voluntary applied for the credit card without being comply to do so.

Therefore bill will fall under voluntary.

Learn more about credit card here:brainly.com/question/8432538

#SPJ12

4 0
2 years ago
The primary function of most media is to ________.
Tema [17]

Answer:

The correct answer is letter "D": provide information and entertainment to their audience.

Explanation:

Media refers to all the channels of communication by which information can be spread. <em>Television, radio, newspapers, magazines, </em>and<em> social media </em>are the most common examples of communications media. The information portrayed through those channels has several purposes depending on who transmits it. However, the main purpose of media is to show audiences entertainment information in the form of videos, music, movies sports or news.

3 0
4 years ago
(TCO E &amp; F) A _____ position in T-bond futures should be used to hedge falling interest rates and a _____ position in T-bond
MariettaO [177]

Answer: The correct answer is LONG; LONG

Explanation: A long position means the holder of the position owns the stock. A long position in a financial insteument means the holder of the position owns a positive amount of the instrument and has the expectation of an increase in value.

A short position refers to when the seller of the financial instrument does not own it.

6 0
3 years ago
An entrepreneur establishes a social justice online retail company. The company purchases authentic artwork, jewelry and crafts
Greeley [361]

Answer:

a. Developing a robust marketing program to promote the social justice elements of the business and gain insights into consumer purchasing behavior on the website

Explanation:

In order to sustain the business, the entrepreneur should create a robust marketing program in which he is able to promote the components of social justice and also the behavior of the consumer on the website so that he gets to know how much people are active in his website, what are the problem people are facing, etc

Hence, the correct option is a

3 0
3 years ago
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