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Firdavs [7]
3 years ago
12

Kathy purchased a $2,000 digital TV from Young's Appliances. She will make 12 equal payments over the next year to pay for it. S

he is using:
A. closed-end credit.
B. open-end credit.
C.revolving check credit.
D.a line of credit.
Business
1 answer:
Elan Coil [88]3 years ago
3 0

Answer:

A. closed-end credit

Explanation:

Closed-end credit is a loan or a credit type where the funds would be dispersed at the time when the loan is closed and it would be paid back by involving the interest & finance charges

Since in the question it is mentioned that she would make the payment in 12 equal payments so here she is using closed-end credit

hence, the correct option is a.

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Factors that affect the elasticity of demand for labor include all of these except:
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Since the problem doesn’t give the choices for these questions. I will be giving you the factors that affect the elasticity:

1. Labor costs as percent of total costs – when labor expenses have a high share in total costs then labor demand is more elastic.

2. Easiness and cost of factor substitution – when the firm can substitute rapidly and effortlessly between labor and capital inputs.

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4 years ago
At the profit-maximizing level of output, a purely competitive firm will ___________________________.
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3 years ago
When asked what the concept "New Year's" meant to Holly, she mentioned the following: party, holiday, new beginning, football, f
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Answer:

semantic memory

Explanation:

Semantic memory is the general knowledge that an individual has accumulated over the years, it involves experience related to one's culture. Semantic memory is one of the two categories of explicit memory.

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Episodic memory in the other hand is specific and personal recollection of an event.

3 0
3 years ago
In the largest clinical trial ever​ conducted, 401,974 children were randomly assigned to two groups. the treatment group consis
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<span>The requirements are satisfied; the samples are simple random samples that are independent, and for each of the two groups, the number of successes is at least 5 and the number of failures is at least 5.</span>
4 0
3 years ago
If a fixed asset, such as a computer, were purchased on January 1st for $3,750 with an estimated life of 3 years and a salvage o
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Answer:

2. EOM Depreciation Expense 100 Accumulated Depreciation 100

Explanation:

The journal entry to record the monthly expense under straight-line depreciation is shown below:

EOM Depreciation Expense A/c Dr $100

      To Accumulated Depreciation A/c $100

(Being depreciation expense is recorded)

The computation is shown below:

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3 years ago
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