Final answer:
The claim that most Americans avoid using credit for major purchases is false. Credit is a frequently used financial tool for major acquisitions like vehicles and furniture, facilitating essential purchases and offering the opportunity to establish a credit history.
Explanation:
The statement that most Americans avoid the use of credit when it comes to buying big ticket items like a car or furniture for their home is False. Credit is commonly used by Americans to finance large purchases such as automobiles and household items. Credit allows consumers to obtain essential goods they may not have the immediate funds for, such as transportation for work or necessary home furnishings. While caution is always advised when undertaking debt, credit can be valuable and even beneficial when managed properly. It enables people to build a credit history, which is important for future financial transactions like securing a mortgage. High interest rates on credit card debt often make it an expensive option, hence it's better to pay off credit balances quickly or go for specific loans like an auto loan, which typically have lower interest rates.
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The two basic ways to finance a business are equity financing and
A) mortgage financing.
B) overhead financing.
C) leverage financing.
D) debt financing.
Answer:
its D debt financing
Explanation:
"which term refers to a sponsoring entity's promotion of sponsorship?"
'Activation strategies' is the term used to refer sponsoring entity's promotion of sponsorship.
What is an activation strategy?Sponsorship activations provide a brand with a physical presence during the event of the hosting organization. Sponsorship activations are live events, like other activations, that aim to engage with visitors and raise brand recognition. Sales of merchandise may be part of a sponsored activation. A technique for getting your users to go beyond the first sign-up stage to the point where they gain genuine value from your product and become devoted customers is known as a customer activation strategy.
Using both qualitative and quantitative data, customer activation techniques aim to enhance the customer experience. By integrating components of strategy creation and execution, the strategy activation technique enables a company to design an efficient and thorough plan to realize its strategic vision.
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A bookstore costs $125 a day to keep open, and spends $16 for each book it sells. the store charges $22 for each book it sells. if n represents the number of books sold, which equation represents the revenue function for this bookstore?
Answer: n(22)
Revenue is referred to as sales from goods and services. It is calculated by multiplying the selling price of each unit by the total number of units sold. In the example, a bookstore that sells (n) number of books at $22 per book generates n(22) in sales revenue.
The equation which represents the revenue function for the bookstore is:R=n(22)
Answer:
Explanation:
16n + 125
Help me please!!!! I need your help and answer this question fully by paying attention to the question asked.
True or false: In extended problem solving most consumers know the product class, brands, or attributes and when they evaluate the product.HURRY!!
Employees indicate their willingness to be represented by a union by signing a/an:
finn and glenda want to form and do business as hobby crafts corporation. a corporation is
Goals, policies and procedures and mission statements are all examples of what type planning?
Joey has a checking account that charges him $3 per month and gives him up to eight free checks or ATM withdrawals every month. He then has to pay $1 for every additional check that he writes or ATM withdrawal he makes for the rest of the month. If he writes 9 checks per month and uses the ATM machine 4 times per month, what does his checking account cost per year?
Joey's checking account costs him $96 per year, considering both the basic monthly charge of $36 per year and the extra charges for checks and ATM withdrawals that total $60 per year.
Explanation:The cost of Joey’s checking account per year can be calculated by analyzing the fees he incurs on a monthly basis. The flat fee is $3 per month, and he gets eight free transactions (either checks or ATM withdrawals). So, right away, that is $36 for a year (12 months times $3 per month).
Next, we note that he writes 9 checks per month and uses the ATM 4 times per month. This is a total of 13 transactions per month. Therefore, he is 5 transactions over the limit (13 total - 8 free = 5), which incur a $1 fee each. So, he pays an extra $5 each month, which amounts to $60 per year (12 months times $5 per month).
Therefore, for a full year, his checking account costs him $96 (the $36 flat fee per year plus the $60 extra transaction fee per year).
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Joey's checking account costs him $96 per year. This includes a $3 monthly fee and charges for 5 extra transactions each month.
Explanation:Joey's checking account charges him a monthly fee and for transactions beyond the free limit. With his usage pattern, we need to calculate his total yearly cost.
Monthly, Joey is charged $3 and gets 8 free transactions. He writes 9 checks and makes 4 ATM withdrawals monthly, making a total of 13 transactions. Beyond the 8 free ones, he pays for 5 additional transactions at $1 each.
Calculating monthly extra transaction costs: 5 extra transactions × $1 = $5
Total monthly cost: $3 monthly fee + $5 extra transaction costs = $8 per month
Yearly cost: $8 per month × 12 months = $96 per year
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In Asian cultures, what may be interpreted as a lack of respect?
A sitting up in your chair
B eye contact
C taking time to converse about personal matters
D being well groomed and dressed
Answer:
B eye contact
Explanation:
For example, in Western cultures, eye contact is considered polite and indicates that you are listening to the speaker. In Asian cultures, eye contact may be interpreted as a lack of respect.
Which of the following is NOT a benefit of using a budget?
Help ensuring there will be enough money for bills and other necessities
2. Help earning more money than you currently make
3. Help tracking money so you know where it is being spent
4. Help saving for both short-term and long-term financial goals
"dmv does not have an outstanding insurance transaction for this vehicle."
The sentence refers to the DMV having no ongoing or unresolved insurance matters related to the particular vehicle.
Explanation:The statement 'The DMV (Department of Motor Vehicles) does not have an outstanding insurance transaction for this vehicle' refers to a situation where the department which is responsible for many aspects of vehicle regulation, including insurance information, does not currently have a record of an ongoing or unresolved insurance procedure relating to this particular vehicle. This might include matters such as a paid or unpaid insurance claim, transfer of insurance, or updating of insurance coverage details.
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If you were a large store owner and you found out that an employee had stolen merchandise from you, would you fire him if the total amount taken was worth less than five dollars in one year?
Think about the videos you have watched. Why is there a need for government regulation, and what limits need to be placed on these regulations?
Government regulation is necessary to maintain order and protect the interests of consumers in the video industry. However, there should be limits to prevent overregulation and unintended consequences. Transparent and evidence-based regulations with stakeholder engagement are crucial.
Explanation:The need for government regulation in videos arises from the responsibility to maintain order and ensure the fair operation of the business marketplace. Governments at various levels enact laws to check the actions of businesses and protect the interests of consumers. However, there should be limits placed on these regulations to strike a balance between ensuring fairness and allowing for market competition and innovation.
One limit that needs to be placed on government regulations is to prevent overregulation that stifles competition and hinders market growth. Excessive regulations can create barriers to entry for new businesses and discourage innovation. Another limit to consider is the potential unintended consequences of regulations, such as increased costs for businesses and consumers or the restriction of free speech and expression.
Furthermore, regulations should be transparent, consistent, and based on sound evidence and expert knowledge. The process of creating regulations should involve public input, stakeholder engagement, and periodic evaluation to ensure their effectiveness and appropriateness.
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If Starbucks raises its price by 5 percent and mcdonalds experiences a 0.3 percent increase in demand fir its coffee, what is the cross-price elasticity of demand?
The cross-price elasticity of demand measures the responsiveness of the quantity demanded of one product in response to a change in the price of another related product.
Explanation:The cross-price elasticity of demand measures the responsiveness of the quantity demanded of one product in response to a change in the price of another related product. To calculate the cross-price elasticity of demand, you divide the percentage change in the quantity demanded of one product by the percentage change in the price of another product. In this case, since Starbucks raised its price by 5 percent and McDonald's experienced a 0.3 percent increase in demand for its coffee, you would calculate the cross-price elasticity as follows:
Cross-price elasticity of demand = (% change in quantity demanded of McDonald's coffee) / (% change in price of Starbucks coffee)
Cross-price elasticity of demand = (0.3% increase in demand for McDonald's coffee) / (5% increase in price of Starbucks coffee)
Cross-price elasticity of demand ≈ 0.3% / 5% = 0.06
So, the cross-price elasticity of demand in this case is approximately 0.06.
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What should a manager ideally do after implementing a solution to a given work-related problem?
1. focus on other problems
2. evaluate the outcome of the solution
3. analyze the experience of the decision-making process
4. evaluate the performance of all employees involved in the problem-solving process
Answer:
its B for my Plato peoples
Explanation:
What is a target market?
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For the best terms on a loan or credit card, you need a credit score above 700. to achieve this, start establishing credit now. pay all of your bills on time. in addition, use only one-third of your available credit limit and pay off your revolving balance(s) each month. r.j.johnson has excellent credit. she wants to purchase a piece of equipment for her business and was offered 7% for 72 months for the $62,000 unit. what is her monthly payment by add-on method?
Why are retired people hurt by inflation? A. They live beyond their means. B. Retired people often buy products that are especially likely to experience inflation. C. They're afraid of change. D. Since they're on fixed incomes, their income doesn't rise to meet higher prices.
Developed democracies are characterized by rational and secular institutions, part of what makes them:
What effect is an increase in income tax rates likely to have on the underground economy? Why?
Underground economy refers to the illegal trade of goods and services because it does not comply with the government’s policy of reporting necessary requirements. An example of this is smuggling of goods and prostitution. If there is an increase in the income tax rates, the underground economy will continue to grow and tax evasion may be rampant. It is because some people would avoid in their duty of paying right amount of taxes and prefer to earn more money.
Oscar refuses to pay petra $500 in cash on their contract to repair oscar's washing machine, which petra still possesses at her repair shop. petra's lien on the machine will terminate
Jose's restaurant operates in a perfectly competitive market. at the point where marginal cost equals marginal revenue, atc = $20, avc = $15, and the price per unit is $10. in this situation,
a. jose's restaurant is earning a positive economic profit.
b. jose's restaurant should shut down immediately.
c. jose's restaurant is losing money in the short run but should continue to operate.
d. the market price will rise in the short run to increase profits.
Since in a perfectly competitive market, a firm cannot dictate or increase the price, A firm is best to shut down production in the short run if the market price false below the average variable cost.
Which of following most accurately describes when investigators pursuing phs funding are required to disclose their significant financial interests to their institution?
A bill in the House of Representatives may only be introduced by a(n) __________. employee of a federal agency lobbyist for a special interest group committee staff aide member of the House of Representatives
Jonathan just graduated college and can expect monthly loan payments of $405. His new job provides him
with an annual salary of $36,000. What is his debt‐to‐income ratio? What is the acceptable debt‐to‐
income range for student loans and does Jonathan’s fall within that range?
Jonathan just graduated college and can expect monthly loan payments of $405. His new job provides him with an annual salary of $36,000. What is his debt‐to‐income ratio?
If Jonathan's monthly loan payment is $405 that that's is only debt, solve to find his monthly income first.
$36,000/12 = $3,000 Jonathan's debt to income ratio is $405 (debt)/ $3,000 (income).
The debt to income ratio is solved by dividing your monthly expenses by your monthly income $405/$3,000 = 7.41% is Jonathan's debt to income.
What is the acceptable debt‐to‐income range for student loans and does Jonathan’s fall within that range? This seems like a fairly low debt to income ratio for students loans because it only takes up a small percentage of Jonathan's monthly income.
Less than ______ of all thunderstorms produce tornadoes. 10%
Suppose an oligopolistic firm assumes that its rivals will ignore a price increase but match a price cut. in this case, the firm perceives its demand curve to be:
a. kinked, being steeper above the going price than below.
b. kinked, being steeper below the going price than above.
c. linear, being less elastic at lower prices.
d. linear, being more elastic at higher prices.
Who agrees to pay for certain types of losses in exchange for payments on a policy?
an insurer does//////
Suppose a monopolist is producing where the marginal cost curve intersects the demand curve. the monopolist
a. is maximizing profits.
b. can increase profits by selling more units at a higher price.
c. can increase profits by selling fewer units since marginal cost is greater than marginal revenue.
d. can increase profits by selling more units since marginal cost is less than marginal revenue.