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ad-work [718]
2 years ago
8

A door-to-door salesperson knocks on Mary's door and convinces her to purchase the Wonder Vacuum for $500. Soon after the salesp

erson leaves, Mary begins to have second thoughts about the transaction. Which statement about the situation is correct
Business
1 answer:
Nata [24]2 years ago
6 0
Please give the statements in order to answer the question, thank you.
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Use the following advice from most financial advisors to solve the problem. ∙ Spend no more than 28% of your gross monthly incom
Aliun [14]

Answer:

a) $1,400

b) $1,800

c) $820

Explanation:

If the annual income is $60,000, the gross monthly income is I=60,000/12=5,000.

a) The maximum amount you should spend each month on a mortgage payment is:

MP=0.28*I_m=0.28*5,000=1,400

b) The maximum amount you should spend each month for total credit obligations (including mortage) is:

DP = 0.36*I_m=0.36*5,000=1,800

c) If we need only 70% of the maximum allowed for the mortage, we have more income available for other debt payments.

The 70% represents:

MP'=0.7*(0.28*5,000)=980

We substract this from the total budget for debt payments and we have the budget for all other debts but mortage:

ODP=1800-980=820

3 0
3 years ago
In the country of Lumberne, citizens campaigned against the sanction of a new factory that was about to be built in the vicinity
bekas [8.4K]

Answer: (B) Civil society

Explanation:

 The civil society is one of the type of organization in which the various types of collective actions are taking place in order to share the common values and interests.

It basically enhance the services and the used in the  decision making process based on the public and the economical rights.

According to the given question, the civil society is one of the part of citizen campaigned that is against sanction of the  new factory that start building in the residence area.  

 Therefore, Option (B) is correct answer.

6 0
2 years ago
The largest percentage of gross domestic product (GDP) is
kiruha [24]

Answer:

b. consumer spending  

Explanation:

GDP = C+I+G+(X-M)

The most powerful driver of an economy is consumption (C). In the US the biggest share in the GDP participation is the consumers expenditure of goods and services within the economy.  

7 0
3 years ago
Tells us why you would be a great team member and what sets you apart from other candidates
tatuchka [14]

Sorry but you need to answer this one bud. I would help you if I could but I don't know what makes you, well you. :)

4 0
3 years ago
Which of the following statements best describes the Sherman Act?A. The Sherman Act established the United States Securities and
aleksandr82 [10.1K]

Answer:

B. The Sherman Act allows the US government to regulate activities that restrain competition and trade

Explanation:

The Sherman Antitrust Act of 1890 was first legislation enacted by US congress. It was brought into force to regulate competition and trade among enterprises. This act prohibits agreement in restraint of trade or interference of power in trade like price fixing, bid rigging, etc.

The Sherman Act did not work for long as it restrict the business merger and people are confused about knowing the motive of the act as it is not designed properly.

8 0
3 years ago
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