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lys-0071 [83]
3 years ago
13

What are credit cards? Why do people use them

Business
2 answers:
Travka [436]3 years ago
7 0

What are credit cards? - A small plastic card issued by a bank, business, etc., allowing the holder to purchase goods or services on credit.

Why do people use them - When used responsibly, a credit card can help you build a good credit history, allowing you to get loans at favorable interest rates, cheaper insurance and even a new cellular plan. Credit cards can also help you earn rewards on your everyday purchases and protect those purchases in case of theft or damage.

(Google)

MArishka [77]3 years ago
6 0

A secured card requires a cash deposit, usually equal to your credit line. The deposit protects the card issuer in case you don't pay your bill. Since the deposit reduces the risk to the issuer, credit card companies are more willing to give these cards to people with bad credit or no credit.

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The assumption that is necessary for a linear programming model to be appropriate and that ensures that the value of the objecti
Elan Coil [88]

Answer:

A. Additivity

Explanation:

Additivity simply means that the values of an objective function and total resources used can be found by adding all the contributions made by the objective functions and the decision variables of all resources used. That is, it assumes that the overall of an objective function is found by adding the contribution of each objective function to the overall. In additivity, interaction between variables doesnt exist.

5 0
3 years ago
Read 2 more answers
Other things the same, an increase in the U.S. interest rate causes U.S. net capital outflow to a. rise, so supply in the market
Aleksandr [31]

Answer:

b. rise, so demand in the market for foreign-currency exchange shifts right.

Explanation:

  • An increase in the interest rates leads to a rise in the capital outflow as savings and investment lead to more net capital outflow.
  • This is the movement of the assets on the company and is considered to be bad for the economy and leads to undesirable changes in the supply of the foreign currency as a shift in the demands of the consumers. This may result in political and economic instability.
8 0
3 years ago
Which of the following statements is right about facility location analysis?
RideAnS [48]

Answer:

The correct answer is letter "A": Facility location analysis considers the competitive imperative to be close to customers as to timeliness of deliveries.

Explanation:

Facility location is part of the research and computational geometry in charge of determining the localization of a company's branches to be closest as possible to the firm's target customers, workers, and suppliers by minimizing the costs. Other factors such as free trading zones or environmental policies are also taken into consideration.

3 0
3 years ago
7 reasons why marketing must be studied.
Grace [21]
<h2>Answer:</h2>

<h3>1. A Better Understanding of the Target Market</h3>

<h3>2. Understand the Customer.</h3>

<h3>3. Salary Potential</h3><h3 /><h3>4. Experience the Global Marketplace Firsthand.</h3>

<h3>5. Enhance the Omnichannel Experience.</h3>

<h3>6. Go Behind the Perceptions.</h3>

<h3>7. Marketeers will always be in demand</h3>

<em>hope</em><em> </em><em>this</em><em> </em><em>help</em><em>!</em>

7 0
3 years ago
Michaels plumbing purchased a used van for $3,250. the company made a down payment of $450 and agrees to 24 payments of $150 per
PolarNik [594]
<span> <span>Finance charge can be defined as the amount charged by a creditor to a debtor as borrowing fees or by a seller to a buyer for allowing the buyer to extend the payment period for a certain good/service. In this case, the original price of the car was $3,250. But since Michael's Plumbing was not able to pay the full amount at once, they made a down payment of $450 and later 24 equal installments of $150. In total, the amount paid will be (450+(150*24))= $4,050. The finance charge is what they will pay over and above the initial cash price. This is arrived at by getting the difference as follows $4,050-$3,250= $800</span></span>
7 0
4 years ago
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