The challenges people living in a county or state with a high concentration of subprime scores might be facing as a result of the low credit scores are:
I. Poverty.
II. Famine and hunger.
III. Low level of healthcare.
A credit score can be defined as a numerical expression ranging 300 to 850, which typically represents an individual's financial history and credit worthiness.
This ultimately implies that, the higher your credit score, the higher and better it is to obtain a credit (money) from a potential lender and vice-versa.
In the U.S, the ratings of a credit score by FICO include the following;
- A credit score ranging from 670 to 739 is considered to be a good credit score.
- A credit score of 740 to 799 is better.
- A credit score of 800 to 850 is considered to be excellent.
In this context, the challenges people living in a county or state with a high concentration of subprime scores might be facing as a result of the low credit scores are:
I. Poverty.
II. Famine and hunger.
III. Low level of healthcare.
Find more information: brainly.com/question/14379808
The court will most likely consider the parties' relative bargaining power.
<u>Option: C</u>
<u>Explanation:</u>
Bargaining power is the collective ability of groups to put control over one another in a circumstance. If all sides are in a dispute on an equivalent basis, then they would have equal bargaining power, such as in a reasonably free market, or between a monopoly and monopsony fairly balanced.
Purchaser bargaining power relates to the leverage customers may impose on businesses to get them to offer higher quality goods, improved customer satisfaction and lower costs. A powerful purchaser will make a market more profitable and diminish the seller's profit potential.
Answer:
The answer is 54percent
Explanation:
Elasticity is a measure of how sensitive one variable is to any variable. It is expressed as the ratio of percentage changes in variables.
That is; %change in quantity demanded/%change in price.
This calculation shows how sensitive quantity demanded is to a change in price.
In the question, price elasticity of demand is 1.8
30 percent decrease in price
Therefore, the quantity demanded will increase by 30percent x 1.8
=54percent
Answer:
$82,000
Explanation:
The computation of the current investment is shown below:
Current investment = Number of shares of common stock × price per share
= 2,000 shares × $41 per share
= $82,000
By multiplying the number of shares of common stock with the price per share we can get the current investment in the company
All other information which is given is not relevant. Hence, ignored it
Answer: B. Shampoo and conditioner, with an elasticity of -3.5.
Explanation:
Complimentary products are those which see their quantity demanded move together because the goods usually compliment each other like tea and sugar.
Their Cross-price elasticity shows this by being a negative figure. This is because when the price of one commodity goes up, the quantity demanded of the other goes down because higher prices lead to lower quantity demanded.
The actual question showed that Conditioner and Shampoo had a cross-price elasticity of -3.5 so this is the correct answer.
