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padilas
2 months ago
4

Which word represents the total cost of the item you’re purchasing on credit minus any down payment you make upfront?

Business
1 answer:
Katen [3.5K]2 months ago
3 0

Answer:

The answer is option "B": Principal.

Explanation:

In banking, the principal signifies the remaining amount owed after any upfront payment is made on a loan, and it is essential for interest calculation. For example, if a borrower has a principal balance of $10,000 with an Annual Percentage Rate (APR) of 5%, they would incur an interest charge of $500 for each year the loan is active.

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Lionel's Lawn Care is a company that maintains residential yards. Lionel's cost for his standard package of mowing, edging, and
Free_Kalibri [3773]

Answer:

Option "B" is the correct response for the statement provided.

$15

Explanation:

Marginal revenue refers to the additional income generated from selling one more unit of a product. Meanwhile, marginal benefit is defined as the earnings a business or entity receives when producing and distributing one additional or marginal product.

Marginal Benefit = New revenue - Previous revenue

                            = ($40) - ($25)

                            =$15

Thus, Lionel's Lawn Care's marginal benefit amounts to $15.

5 0
22 days ago
Suppose the observed annual quantity of steel exchanged in the European market is 30 million metric tons, and the observed marke
Free_Kalibri [3773]
The price coefficient (b) in the linear demand function is calculated as -0.10, derived from the elasticity of demand formula. By substituting known quantities into the equation, we find that the slope b equals -0.10.
5 0
1 month ago
Carryon Company sells a product and a 12-month service package for that for a combined price of $800. Separately, the product an
Katen [3525]

The share of the overall price attributed to the product is under 50%, likely around 35-40%.

Clarification:

Given that the product's standalone price is $450 while the service is priced at $550, the total cost when both are purchased separately comes to at least $1000. However, the company is currently offering a promotion, selling both for $800.

This indicates that the business is experiencing some loss that must be absorbed. The discount provided to clients results in a loss of $200, which acts as a motivation for the customers.

3 0
2 months ago
Toni makes apple pies for the local bakery. When Toni works with an assistant, she produces 60% more apple pies and works 20% fe
stepan [3596]

Respuesta:

La respuesta es 200%.

Explicación:

Supongamos que Toni produce x tartas de manzana en y horas.

Esto significa que el ritmo de producción es \frac{x}{y} tartas por hora.

Trabajando con un asistente:

Toni incrementa su producción en un 60%, es decir, ahora hace x + 0.6x = 1.6x tartas.

Además, reduce su tiempo trabajando en un 20%, entonces trabaja y - 0.2y = 0.8y horas.

Por lo tanto, la tasa de producción con ayuda es 1.6x / 0.8y = \frac{\frac{1.6x}{0.8y} }{\frac{x}{y} } X 100.

Al simplificar, obtenemos un aumento del 200% en la producción por hora.

6 0
2 months ago
Read 2 more answers
A newspaper article states with 95% confidence that 55% to 65% of all high school students in the united states claim that they
arsen [3447]

Response:

It is estimated that between 1100 and 1300 high school students in Detroit could obtain a gun if they desired to do so.

Rationale:

For the lower boundary, take 55% of 2000, which equals 0.55 × 2000 = 1100.

For the higher boundary, take 65% of 2000, equaling 0.65 × 2000 = 1300.

Therefore, the calculated range of students in Detroit who could obtain a firearm is from 1100 to 1300.

8 0
1 month ago
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