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Artist 52 [7]
3 years ago
15

What are characteristics of demand? a A. the desire and ability to buy a product b B. the ability and willingness to buy a produ

ct c C. the willingness and desire to buy a product d D. the desire, ability, and willingness to buy a product
Social Studies
1 answer:
Sergio039 [100]3 years ago
8 0

Answer:

The answer is B( the ability and willingness to buy a product

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. Which industry is often referred to as the back bone of modern industry and why?
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STEEL INDUSTRY

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Brendan's lender set him up with a loan in which the majority of Brendan's early payments go toward interest, his monthly paymen
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This is known as typical amortisation

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Amortization is defined as the process of spreading out a loan into a series of fixed payments over time. Brendan will be paying off the loan's interest and principal in different amounts each month.  The payment is made up of parts that change over time. A portion of each payment goes towards:

The interest costs (what Brendan's lender gets paid for the loan).

Reducing Brendan's loan balance which also means paying off the loan principal. Especially with long-term loans, the majority of each periodic payment is an interest expense, and Brendan only pays off a small portion of the balance. In other words, he doesn't make much progress on the debt's principal repayment until closer to the end of the loan.  

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