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Vera_Pavlovna [14]
3 years ago
15

Which of the following is NOT true of credit cards? AYou can be charged a fee if you are late making a monthly payment. BSome of

fer rewards, like cash back or airline miles. CThey offer the highest level of fraud protection. DThey are the best payment type to use when trying to stick to a budget.
Business
1 answer:
Cloud [144]3 years ago
4 0
The answer is C. They do not protect fraud and credit cards may even increase your chances of it. 
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Explanation:

Based on the information given in the question,

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So, Filet mignon(F) sells for $20 per pound when compared to that of hamburger (H) which sells the product for $2.30 per pound. F have the higher price as compare to the H, therefore, the coefficient of the price elasticity of demand in absolute value will be high or larger for F than that of H.

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