Answer:
B. Teaser rate
Explanation:
Teaser rate also called introductory rate is an interest rate that is usually below market that last for a short period of time. It is the beginning rate placed on credit products. It is a form of discounted interest rate that is offered for a short period of time. The rate can be as low as 0% for that short period of time and goes back to the normal rate after the short period of time expires.
Answer:
$3,003
Explanation:
Interest expense = Effective interest for first interest period × Period of time covered by adjusting entry.
Therefore:
Interest expense = $9,009 × 2/6 = $3,003
The adjusting entry will record interest for the two-month period conservatively which includes January and February, Year 1 in which It will include a debit to Interest Expense in the amount of $3,003.
Hence,
Dr Interest Expenses $3,003
The amount of interest expense that should be accrued by Maverick in an adjusting entry dated February 28, Year 1 is
$3,003
The idea that is not consistent with perfect competition is product differentiation.
<h3>What is a perfect competition?</h3>
A perfect competition is a market where there are many buyers and sellers of identical goods and services. Market prices are set by the forces of demand and supply. This, they are price takers. There are no barriers to entry or exit of firms into the industry.
Here are the opti0ns to this question:
product differentiation
freedom of entry or exit for firms
a large number of buyers and sellers
price-taking behavior
To learn more about perfect competition, please check: brainly.com/question/17110476s
The correct answer to this open question is the following.
Unfortunately, you did not attach the link to your textbook to know what the terms were. Without information, we do not know what you studied in the lesson.
However, trying to help you, we can share some general production and operation management terms
These are the terms I choose.
Acquisition. This term refers to the purchase of another company or the purchase of a significant asset.
Benchmarking. This is the activity companies do to compare their systems and procedures to other competitors. Companies do this to know what they are doing good and where they have some disadvantages.
Customer Satisfaction. The activity that establishes contact with clients and consumers in order to deliver the satisfaction the consumer deserves in every interaction it has with the company.
I choose to elaborate on Customer Satisfaction. This term can impact the ability of an operation to be competitive in the 21st century because it is a great differentiator when you compete with companies that offer similar products or services.
The better you treat your customers the more prone to be loyal to your brands, And that is a key to be at the top of the mind of your consumers.
