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Murljashka [212]
2 years ago
7

Plz help..What is a bank overdraft? ​

Business
1 answer:
Oksana_A [137]2 years ago
6 0

Answer:

An overdraft is an extension of credit from a lending institution that is granted when an account reaches zero. ... Basically, an overdraft means that the bank allows customers to borrow a set amount of money. There is interest on the loan, and there is typically a fee per overdraft

hope it will help you...

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International trade has always played a role in the U.S. economy. Is this role increasing or decreasing (in terms of exports and
Arturiano [62]

Answer: Option (F)

Explanation:

International trade tends to allow nations to expand their respective markets for commodities, goods and services which otherwise wouldn't have been available. As the outcome of the international trade, market tends to contain the greater competition, thus indirectly tends to have competitive prices, that further brings cheaper commodities home to consumer.

The vital point under this scenario is that within the past decade due to technological transformation the cost of communication has decreased drastically and thus has always impacted International trade.

8 0
3 years ago
Because consumers are generally more sensitive to price increases than to price decreases, it is easier to lose current customer
Illusion [34]

Answer:

True

Explanation:

When the price increases, more people will be unwilling to buy the product. However, simply lowering the price will not necessarily gain a large number of new customers.

7 0
3 years ago
When the price of a movie ticket rises from $6 to $8 for senior citizens, Gary (a senior citizen) decides to go to the movies ev
Aleonysh [2.5K]

Answer:

2.33 ; demand for movies is elastic

Explanation:

The computation of the price elasticity of demand is presented below:

= (change in quantity demanded ÷ average of quantity demanded) ÷ (percentage change in price ÷ average of price)  

where,  

Change in quantity demanded is

= Q2 - Q1

= 30 - 15

= 15

And, an average of quantity demanded is

= (30 + 15) ÷ 2

= 22.50

Change in price would be

= P2 - P1

= $8 - $6

= $2

And, the average of price is

= ($8 + $6) ÷ 2

= 7

So, after solving this, the price elasticity of demand is 2.33

Since it is not given by which method we have to calculate it. So, we use the mid point formula.

Based on the above calculation, we concluded that the demand for movies is elastic

7 0
3 years ago
Can someone help . i know I'm dumb:) x-5=7​
love history [14]

Answer:

Hey Army

Nice to meet you:)

your answer is 12

as x-5=7

so x=7+5

x is 12

Stream life goes on and Dynamite. :)

4 0
3 years ago
Read 2 more answers
Sunset Corp. currently has an EPS of $2.21, and the benchmark PE for the company is 21. Earnings are expected to grow at 5 perce
storchak [24]

Answer:

$46.41

Explanation:

Sunset corporation has an EPS of $2.21

The benchmark PE is 21

The earnings are expected to grow at 5 % per year

Therefore the current stock price can be calculated as follows

= benchmark PE × earnings per share.

= 2.21 × 21

= $46.41

Hence the estimate of the current stock price is $46.41

8 0
3 years ago
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