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ki77a [65]
3 years ago
6

In general, reducing the interest rate (i) of a credit card but keeping the present value (PV) and number of periods (n) the sam

e will_______.
a.) decrease the monthly payment (P) needed to pay off the debt.
b.) increase the monthly payment (P) needed to pay off the debt.
c.) eliminate the monthly payment (P) needed to pay off the debt.
d.) have no effect on the monthly payment (P) needed to pay off the debt.
Business
1 answer:
Artyom0805 [142]3 years ago
3 0

Answer:

increase the monthly payments

Explanation:

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Suppose that the price elasticity of demand for cereal is -0.75 and the crossprice elasticity of demand between cereal and the p
professor190 [17]

Answer: Price of cereals must fall by 12%

Explanation:

A 10% rise in the price of milk will lead to a fall in quantity demanded by =-0.9 * 10= 9%.  

To prevent the demand for cereals from falling by 9%, the price of cereals must fall by

E = \frac{Percentage change in Qd}{Percentage change in price}

Percentage change in price = \frac{Percentage change in Qd}{e}

Percentage change in price = \frac{9}{-0.75}

Percentage change in price = -12%

Thus, to offset the effect of a 10% rise in price of milk, the price of cereals must fall by 12%.

8 0
3 years ago
What clause in a sales contract states under what conditions the buyer can
blagie [28]

Answer:

A listing agreement is the document you use to commit to working with a specific real estate agent. Before you sign a listing agreement, ask your agent whether you can be released for any reason, even if that reason is, "I want to list with another broker." If your agent tells you, "No," you might not want to list it with their company.

If you didn't ask your agent about canceling before signing, be aware that exclusive right-to-sell listings contain a safety or protection clause.6

If you ask an agent after the fact to cancel the listing, and they refuse, call their brokerage and request a cancellation. Your listing, believe it or not, is not between you and your agent. It is between you and the brokerage.

If the broker rejects your request for cancellation, then ask the brokerage to assign another agent to you. Most brokers are happy to assign another agent and keep the listing in-house. The brokerage will often pay your fired agent a referral fee.

If there are no workable solutions, call a real estate lawyer for termination assistance, but first, tell the brokerage of your intentions to do so. Sometimes that’s enough to get a release.

Ask your agent to give you a form called "termination of buyer agency." The TBA issued by the California Association of Realtors, for example, will cancel oral or written agency agreements when properly acknowledged and executed.

8 0
2 years ago
The formula for accounts receivable turnover is computed as _____ divided by average accounts receivable, net.
Alecsey [184]

Answer:

revenue

Explanation:

Accounts receivable turnover is an example of activity ratios. It measures the efficiency by which accounts receivable are collected.

6 0
3 years ago
Highlight four ways of improving productivity of labour as a factor of production​
UNO [17]

Answer:

Following are the four ways for improving the productivity of the labour is given below

Explanation:

  • If we give the proper resource assignment to each worker at the proper time we will increase the productivity of the labor .
  • Increasing the skills by guiding the labor to the latest technology so they  know the latest or the current technology they will increase the productivity .
  • If we enhancing the physical capital it means if we dependent on the machinery they will increase the productivity .
  • Giving the incentive to labor at the particular interval of time we will increase the productivity.
3 0
3 years ago
Katia, the computer department manager at Tech Enterprises, is considering whether to use a group to develop a plan to help empl
GrogVix [38]

<u>Answer:</u>

<em>It will increase acceptance of the plan </em>

<em></em>

<u>Explanation:</u>

Group decision making can be a successful method to urge colleagues to share their encounters, instruction, and points of view in a sheltered domain to promote the objectives of an individual or expert group. You can exploit different suppositions to locate a superior decision.

The sharing of data among bunch individuals is another bit of leeway of the cooperative choice-making process. Collective choices consider a more extensive extent of data since each gathering part may contribute one of a kind data and ability. Sharing data can expand understanding, explain issues, and encourage development toward an aggregate choice.

4 0
3 years ago
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