Answer:
<h2>In this case,the correct answer is the first option given in the answer choice or options or You will get charged high interest.</h2>
Explanation:
- An use of credit card to finance purchases enables the consumers or buyers to make post consumption or purchase payments thereby, providing the convenience of stress free shopping for them.
- However, the credit card companies or financial institutions issuing credit cards can issue high interest rates that the consumers or buyers are liable to pay along with the due balance on any purchase or consumption made through credit card payments within a certain period of time.
- The determination of interest rates on credit cards basically depends on multitude of factors such as individual purchase limits on the card, the personal credit history and performance of individual consumers or buyers, previous payment records and history of the concerned customer, the overall ability of the customers to make timely repayments on any credit card purchase along with respective interest rates and so forth. Hence, high interest rates indicates higher repayments on credit card payments which can deter customers to avail credit cards.
Answer: The monopolist will be able to sustain economic profits
Explanation:
If a monopolist in an industry characterized by monopoly features is making economic profit in the short run, then the monopolist will be able to sustain economic profits.
The economic profit is gotten when the explicit cost and the opportunity costs are both deducted from the revenues generated by a business.
Since there is high barrier to entry and the monopoly is the only firm in the market, then the monopolist will be able to sustain economic profits.
Statistics
Exports $318 billion (2014 est.)
Export goods Electronics, flat panels, ships, petrochemicals, machinery; metals; textiles, plastics and chemicals (2014)
Main export partners China 27.1% Hong Kong 13.2% United States 10.3% Japan 6.4% Singapore 4.4% (2012 est.)
Imports $277.5 billion (2014 est.)
Answer:
D) rectangle
Explanation:
A shape with two symmetrical parts is one that has two sides that equals or have a similar appearance. Symmetrical shapes have at least two identical sides and can be divided into equal parts.
A rectangle has two equal sides. The lengths are equal, and so are the widths.