Creditors consider character, collateral and, capacity to be most important when judging a persons creditworthiness to buy a house or car.
Character - who you are as a person, honest, true, based on reports you are able and make payments on time.
Capacity - you're ability to make the payments and understand how to.
Collateral - what you own that they could take in a form of "payment" if you don't repay your loan.
Complete Question: Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps the banks to ________.
A) reduce the rate of customer defection
B) make low-profit customers more profitable
C) enhance the growth potential for each customer through cross-selling
D) increase the longevity of the customer relationship
E) focus disproportionate effort on high-value customers
Answer:
B) make low-profit customers more profitable
Explanation:
Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps the banks to make low profit customers more profitable.
The basic logic behind this strategy is that when customers find something coming free, then they start taking it for granted, they don't pay much attention to it, therefore, when the some services are free, customers will not be spending much on them, like upgrading, monthly plan up-gradations, monthly or annual subscriptions. Consequently, to turn the those customers into highly valuable customers, companies charge for the services which were free of cost in the past.
Answer:
<em>Translate the parent function, 2 units upward</em>
Step-by-step explanation:
Given
See attachment for the graph
Required
Determine the change in f(x) that gives the dashed line
Let the dash line be represented with g(x)
From the attachment, there is only one transformation from f(x) to the g(x).
When f(x) is translated 2 units vertically upwards
, it gives g(x); the dash line.
If
Then g(x) is:
All are assumed except <u>A. Total variable costs remain the same over the relevant range.</u>
<u />
Cost-volume-profit analysis examines how changes in cost in volume affect income. Variable costs are ones that go up and down depending on production levels, so it would not make sense to assume that variable costs stayed the same over the relevant range.
Answer:
true
What does MARKET CLEARING mean? ... In economics, market clearing is the process by which, in an economic market, the supply of whatever is traded is equated to the demand, so that there is no leftover supply or demand
there for the answer is true
