The actions of United Airlines and AMC have violated the Sherman Antitrust Act, which prohibits any action that restrains trade or commerce among the states.
Here are five reasons why anti-trust laws are necessary:
Promotes competition: Anti-trust laws are necessary to promote competition and prevent companies from dominating the market. When there is competition, consumers benefit from lower prices, better quality products, and increased innovation.
Protects consumers: Anti-trust laws protect consumers from companies that engage in price fixing, monopolies, and other anti-competitive practices that lead to higher prices, reduced product quality, and limited consumer choice.
Prevents market distortion: Anti-trust laws prevent market distortion caused by companies that use their dominant position to restrict competition or create barriers to entry, which can have long-term negative effects on the economy.
Encourages innovation: Competition encourages companies to innovate and improve their products, leading to advancements in technology and increased economic growth.
Promotes fair trade: Anti-trust laws promote fair trade by preventing companies from engaging in unfair business practices that can harm competitors, suppliers, and customers.
In conclusion, United Airlines and AMC have violated the anti-trust laws by restricting competition and creating an unfair advantage in the airline industry. We urge the authorities to take necessary actions against these violations to promote fair competition and protect consumers.
Learn more about Anti-trust laws https://brainly.com/question/13800256
#SPJ11
A certain publication provides information on new automobile models—including price, mileage ratings, engine size, body size, and indicators of features. A simple random sample of 35 new models yielded the accompanying data on fuel tank capacity, in gallons Complete parts (a) through (d) below
a. Determine a point estimate for the mean fuel tank capacity of all new automobile models. Interpret your answer in words. (Note Σ xi =636.5 gallons) A point estimate for the mean fuel tank capacity of all new automobile models is____ gallon(s). This means that the mean fuel tank capacity of all new automobile models is____ (Round to two decimal places as needed) b. Determine a 95% confidence interval for the mean fuel tank capacity of all new automobile models. Assume σ = 3.80. The 95% confidence interval is from ____ to ____ gallon(s) (Round to two decimal places as needed)
c. How would you decide whether fuel tank capacities for new automobile models are approximately normally distributed? A. Obtain a normal probability plot of the data. If the plot is roughly linear, then the fuel tank capacities can be assumed to be approximately normally distributed B. Obtain a boxplot of the data. If, from one end to the other, the distances between the 4 quartiles and adjacent values are all approximately equal, then the fuel tank capacities can be assumed to be approximately normally distributed c. Obtain a boxplot of the data. If there are no potential outliers, then the fuel tank capacities can be assumed to be approximately normally distributed D. Obtain a normal probability plot of the data. If the plot is distinctly curved, then the fuel tank capacities can be assumed d. Must fuel tank capacities for new automobile models be exactly normally distributed for the confidence interval that you obtained in part (b) to be approximately correct? Explain your answer A. Yes. The sample size is not large enough for the central limit theorem to apply B. No. A confidence-interval estimate is approximately correct for any sample of any population, regardless of the population's distribution or the sample size. C. No. Because the sample size is large enough, the sampling distribution of the sample mean is approximately normal regardless of the population's distribution D. Yes. In the confidence interval's computation, the population standard deviation was interpreted in a way that can only be valid if the population is normally distributed, regardless of the sample size
Based on the information given, the answers will be A. 18.19 gallons, B. 16.944 to 19.428 gallons, C. Obtain a normal probability plot of the data (option a)and D. No (option C).
a. A point estimate for the mean fuel tank capacity of all new automobile models can be calculated by dividing the sum of all capacities (Σ xi = 636.5 gallons) by the sample size (n = 35). So, the point estimate is:
Mean = (Σ xi) / n = 636.5 / 35 = 18.186 gallons
This means that the mean fuel tank capacity of all new automobile models is approximately 18.19 gallons (rounded to two decimal places).
b. To determine a 95% confidence interval for the mean fuel tank capacity of all new automobile models, we can use the formula:
CI = mean ± (z * (σ / √n))
where CI is the confidence interval, mean is the point estimate calculated earlier, z is the z-score corresponding to the 95% confidence level (1.96), σ is the population standard deviation (3.80), and n is the sample size (35).
CI = 18.186 ± (1.96 * (3.80 / √35))
CI = 18.186 ± 1.242
The 95% confidence interval is from 16.944 to 19.428 gallons (rounded to two decimal places).
c. To decide whether fuel tank capacities for new automobile models are approximately normally distributed, you should choose option A: Obtain a normal probability plot of the data. If the plot is roughly linear, then the fuel tank capacities can be assumed to be approximately normally distributed.
d. The answer is C: No. Because the sample size is large enough, the sampling distribution of the sample mean is approximately normal regardless of the population's distribution. This means that fuel tank capacities for new automobile models do not need to be exactly normally distributed for the confidence interval obtained in part (b) to be approximately correct.
To know more about normal distribution, visit https://brainly.com/question/23418254
#SPJ11
) A company received a bank statement showing a balance of $76,000. Reconciling items included outstanding checks of $2,200 and a deposit in transit of $9,000. What is the company's adjusted bank balance
A company received a bank statement showing a balance of $76,000. Reconciling items included outstanding checks of $2,200 and a deposit in transit of $9,000. What is the company's adjusted bank balance
To find the company's adjusted bank balance, we need to adjust the balance shown on the bank statement for outstanding checks and deposits in transit
Adjusted bank balance = Bank statement balance - Outstanding checks + Deposit in transit
Substituting the given values, we get:
Adjusted bank balance = $76,000 - $2,200 + $9,000
Adjusted bank balance = $82,800
Therefore, the company's adjusted bank balance is $82,800.
Learn more about Reconciling here:
https://brainly.com/question/13372486
#SPJ11
If a unionized company has a(n) ______ shop, the workers do not have to join the union, and they do not pay dues or fees to the union.
managed
open
closed
union
agency
The workers do not have to join the union or pay the dues or fees to the union, only when there is an open shop owned by the unionized company. Hence, Option B is correct.
What is a unionized company?There are two types of organizations, one is unionized and the second is non-unionized. Both the companies have employees. In a unionized company, the employees usually do not receive any kind of special or individual treatment from the employers. Whereas in a non-unionized company, the employees have the right to negotiate on their behalf of themselves and simultaneously an employer also has the right to treat the employees differently.
When a company is having a working culture of unionized pattern, the employees also belongs to the trade unions. There is a particular pattern of raising the pay that after the end of three years of duty, there will be a rise of almost 12%.
Thus, Option B is correct.
Learn more about unionization from here:
https://brainly.com/question/11651506
#SPJ2
assume the bid rate of a new zealand dollar is .33 while the ask rate is .335 at bank x assu,e the bid rate of the new zealadn dollar is .32 where the ask rate is ..325
The bid rate of the new zealadn dollar is .32 where the ask rate is ..325. The amount you end up with will be $15,384.62 more than the $1,000,000 started with.The rate is $ 1,000,000.
We exchange 1 New Zealand dollar, which may be purchased by = 1,000,000/0.325 NZ dollars, for $0.325 from Bank Y and $0.33 from Bank X. Gain on $1,000,000 of $3,076,923.08 is $3,076,923.08(0.33 - O.325) = $15,384.62. As a result, you will end up with an additional $15,384.62 to the $1,000,000 you started with.First, we must convert $1,000,000 to NZ dollars using the formula below. in New Zealand Amount in US dollars equals $1,000,000/$0.3249 per Canadian dollar. Amount in New Zealand dollars $ = NZ$ 3,077,870.11.Sell the funds at Bank X now.Dollar amount after sale equals New Zealand dollar amount. Dollars available after the transaction divided by the bid rate at the bank is NZ$3,077,870.11 divided by $0.3324 per NZ. Dollar amount that remains after the transaction is $1,023,084.03 Determine the arbitrage profit now. Arbitrage gain = $1,000,000 - $1,023,084.03 Total arbitrage gain: $23,084.03.Arbitrage gain is $23,084.
To know more about Zealadn dollar visit:
https://brainly.com/question/13858876
#SPJ4
The data on price and quantity purchased relating to a commodity for 10 months are given
below:Calculate coefficient of correlation between price and quantity.
Price and number of goods purchased are inversely correlated. Consequently, price rises as quantity rises.
What is data on price ?Pricing Data is accurate information on the costs of goods that are strikingly comparable to those being purchased. Prices are used interchangeably in this definition to refer to actual selling prices as well as suggested or prospective selling prices. Data pertinent to both primary and subcontract prices are referred to in the definition. Data may consist of specific costs, weights, addresses, names, ages, temperatures, dates, or distances, for instance. Data is a basic type of knowledge and has no meaning or use by itself. In other words, facts must be interpreted in order to have any significance. A pricing list again for new term has been sent by the Contractor to authorized buyers.
To know more about data on price visit:
brainly.com/question/29310320
#SPJ1
17. In a cost of production report using process costing, transferred-in costs are similar to thea. cost of material added at the beginning of production.b. conversion cost added during the period.c. cost transferred out to the next department.d. cost included in beginning inventory.
In a cost of production report using process costing, transferred-in costs are similar to the cost transferred out to the next department (option c).
Transferred-in costs represent the costs of materials, labor, and overhead that were incurred in a prior department and are now being transferred to the current department for further processing. These costs are added to the current department's own costs of direct materials, direct labor, and overhead to arrive at the total production costs for the current department.
Once the current department has completed its processing, the total production costs are then transferred out to the next department as a part of the finished goods. Therefore, transferred-in costs are similar to the cost transferred out to the next department in a process costing system.
Option c is answer.
You can learn more about cost of production report at
https://brainly.com/question/31081354
#SPJ11
B4. Apple and Samsung collectively represent over 75 percent of the market for Australian mobile phones. Assume that the two companies simultaneously announce their new models, compete on the quantity of phones they supply to Australia, and have the same fixed costs. Both firms produce their phones domestically and employ only non-union, low skilled workers. The market demand and cost functions are, respectively:
Q = 200 - 2P, where Q = QApple + QSamsung
TC = 100 + QApple2 + 2QSamsung2
a) What are the equilibrium price of mobile phones and each firm's quantities and profits? Round to one decimal point for final answers [5 marks]
b) If Apple changes its announcement date to precede Samsung's, what are the new equilibrium price, quantities, and profits for each firm? [5 marks]
c) Suppose the wages of all workers are increased by 5 percent. What are the new equilibrium price, quantities, and profits for each firm using the structure from part b? [5 marks]
d) Suppose all workers get a cost-of-living increase of $250. What are the new equilibrium price, quantities, and profits for each firm using the structure from part b?
a) The market demand and cost functions are, respectively:Q = 200 - 2P, where Q = QApple + QSamsungTC = 100 + QApple2 + 2QSamsung 2 Equating the marginal cost (MC) and marginal revenue (MR) for both Apple and Samsung to obtain their quantities.
The marginal revenue for both companies is as follows: MR = dTR/dQ MR = P(1 + 1/2*Q)Samsung's marginal cost is as follows:MC = 4Q Samsung.Therefore, the optimal quantity for Samsung is 25. Apple's marginal cost is as follows:MC = 2Q Apple.Therefore, the optimal quantity for Apple is 50.
The equilibrium price is 75 dollars.Apple's profits are as follows: Profit = (P - MC) x Q Profit = (75 - 100/3) x 50 Profit = 750 Samsung's profits are as follows:Profit = (P - MC) x Q Profit = (75 - 200/3) x 25 Profit = 562.5
b )If Apple changes its announcement date to precede Samsung's, Apple's profits will increase to 1200 and Samsung's profits will decrease to 112.5. The equilibrium price will remain at 75 dollars. Apple will produce 100 units, and Samsung will produce 0 units.
c) Suppose the wages of all workers are increased by 5 percent. Apple's profits will decrease to 450, and Samsung's profits will decrease to -218.75. The equilibrium price will remain at 75 dollars. Apple will produce 62.5 units, and Samsung will produce 12.5 units.
d) Suppose all workers get a cost-of-living increase of $250. Apple's profits will decrease to 250, and Samsung's profits will decrease to -531.25. The equilibrium price will remain at 75 dollars. Apple will produce 37.5 units, and Samsung will produce 12.5 units.
For more question on marginal cost
https://brainly.com/question/30165613
#SPJ8
What are some exceptions to the federal minimum wage?
Answer:
Explanation:
It keeps the states from setting the minimum wage at less than that amount. States can choose to set their state minimum at a higher amount, but not a lower amount.
Often states with a higher minimum wage, set it higher because the cost of living is higher in some states than others. If the cost of living is the same or lower than the federal, the states often do not pay more than the federal amount.
Answer:
There are many exceptions to the federal minimum wage, each pertaining to a different area including, but not limited to, State Laws (which typically have their own legislations), Workers with Disabilities, Youth workers, Tipped workers (servers, hosts, etc.), among many others.
Explanation:
Check out the article found at the link below to find a more thorough explanation of each of the exceptions I mentioned, and more. I am not sure of the age of the article, but all of the information I was able to see was still relevant.
https://work.chron.com/exceptions-minimum-wage-laws-19497.html
Good luck in your studies!
[16-17] Paxton Corp has provided the following data concerning its operations last month: Sales ........ $400,000 Variable expenses.... 250,000 Fixed expenses....... 100,000 Paxton Corp is a retailing
Paxton Corp's contribution margin is $150,000, with a contribution margin ratio of 37.5%. The company's operating income is $50,000. The given financial data allows us to calculate important measures of Paxton Corp's financial performance.
The contribution margin, which is the difference between sales and variable expenses, is $150,000. This means that for every dollar of sales, Paxton Corp has $0.375 available to cover fixed expenses and contribute towards profit. The contribution margin ratio, calculated by dividing the contribution margin by sales and multiplying by 100, is 37.5%. This indicates that 37.5% of each sales dollar contributes to covering fixed expenses and generating profit. Lastly, the operating income, obtained by subtracting fixed expenses from the contribution margin, is $50,000. This represents the profit generated after covering both variable and fixed expenses. These measures provide valuable insights into Paxton Corp's profitability and efficiency in its retailing operations.
learn more about margin here:
https://brainly.com/question/15357689
#SPJ11
need rn! How do you journalize the transaction "paid cash for merchandise" in an expanded journal?
- debit Merchandise Expense and credit Cash
- debit Purchases and credit Cash
- debit Cash and credit Capital
- debit Purchases and credit Accounts Payable
Answer:
The first one
Explanation:
because I went through this
When channel members realize individual benefits can be maximized by working together, making the distribution more efficient, a _______ marketing system has been created.
When channel members realize individual benefits can be maximized by working together, making the distribution more efficient, as corporate vertical marketing systems marketing system has been created.
A system of distribution channel organization in which the orderly flow of products from producer to end-user is controlled by common ownership of the different levels of the system.
In a vertical marketing system, manufacturers, wholesalers, and retailers participate together in the production and distribution process. Therefore, business owners can manage their businesses efficiently and obtain a more significant market share. A vertical marketing system tries to eliminate competition and conflict that often arise between companies. As a result, there’s better efficiency and a reduction in production cost and product costs.
To know more about vertical marketing system here
https://brainly.com/question/14184050
#SPJ4
Which of the following statements are not true of satisfied customers?
A. Satisfied customers tend to stay loyal.
B. Customers will spend more money with a company for great customer service.
C. Satisfied customers do not share their experiences with other people.
D. All of the above
OPTION (C) Satisfied customers do not share their experiences with other people. When customers feel satisfied from the services or products from a particular company, they are tend to share their experience with their friends and families. So that they can too get benefitted from the same.
Who are Customers?In sales, commerce, and economics, a customer is the recipient of a good, service, product or an idea - obtained from a seller, vendor, or supplier via a financial transaction or exchange for money or some other valuable consideration.
What is meant by 'Services'?A service is any activity or benefit that one party can offer to another, which is essentially intangible and does not result in the ownership of anything. Its production may or may not be tied to a physical product.
What is a Company?A company, abbreviated as co., is a legal entity representing an association of people, whether legal, natural, or a mixture of both, with a specific task or objective. Company members share a common purpose and unite to achieve specific, declared goals.
To learn more about Services here:
https://brainly.com/question/21741587
#SPJ3
Is a travel agent a part of the primary, secondary or tertiary sector?
a travel agent is a secondary sector
Answer the following question in 3-4 complete sentences. A poster of a man sitting on a motorcycle on a cliff that reads, "Honda. " Examine the advertisement above. What is being advertised? Most likely, who is their target audience or buyer? What does this advertisement say to the buyer?.
Answer:
Answers may vary, but should be similar to the following: This is an advertisement for Honda motorcycles. Based on the picture, the location it shows (beach front at sunset), and the man in the advertisement, the target audience is most likely males in either their 20s or 30s, or perhaps older males who want to feel younger again. The advertisement and the imagery used speaks of such emotions and experiences as, independence, power, wide-open spaces, and freedom.
Explanation:
This is an advertisement for Honda motorcycles. The location shows the man in the ad, the target audience is most likely males in either their 20s or 30 or perhaps older males who want to feel younger again.
What is the advertisement saying to the buyer?The advertisement and the imagery are used to speak of such emotions and experiences as independence, power, wide-open spaces, and freedom. An advertisement, otherwise known as an advert or ad, is generally considered a public communication that promotes a product, service, brand or event. To some the definition can be even broader than that, extending to any paid communication designed to inform or influence.
If these definitions feel vague, it’s because they are the truth that advertisements can be tricky to define, now more than ever. From bus shelters to search engines to influencers, the field of advertising has never been broader, deeper or more complex.
It’s important to note that advertising is not the same as marketing and it is rather a subcategory of it.
Learn more about advertisement, here:
https://brainly.com/question/29564877
#SPJ5
The elements of products that may be changed to meet customer needs are features, usage, and _______. a. qualityb.promotionc.protectiond.production
The elements of products that may be changed to meet customer needs are features, usage, and C. protection. It is because the market taste is change in the periodic time based on their necessary.
In the term of economic market and also business, The changes in consumer taste generally can be defined as an increase in e-commerce as well as more demand for sustainable and inclusive products. The change in the economic market is the impact of the emergence of Gen-Z who cares more about the environment and social issues, businesses with a vision aligned with them will benefit greatly. The change in the watch market is significant because the market tastes will continue to change, whether by changing in the features, usage, or also protection.
Here you can learn more about change in market taste https://brainly.com/question/28633615
#SPJ4
The coursework taken at a _____ is focused on specific career skills and trades and does not generally require further academic studies.
vocational school
private school
university
college
Answer:
Vocational school
Explanation:
Edge 2021
buying a new building increases business
Land/capital
Answer:
land
Explanation:
why because buying a capital we'll be to much
An agent's duties to the principal arise from the agency relationship only if the identity of the principal is disclosed to a third party. True/False
False. An agent's duties to the principal do not arise solely from the disclosure of the principal's identity to a third party.
The duties of an agent to the principal in an agency relationship are not dependent on whether the identity of the principal is disclosed to a third party. The agency relationship is primarily defined by the agreement between the principal and the agent, where the agent acts on behalf of and under the authority of the principal.
The agent owes certain duties to the principal regardless of whether the principal's identity is disclosed. These duties include loyalty, obedience, reasonable care, confidentiality, and accountability. These duties arise from the agency relationship itself and the fiduciary obligations that agents have towards their principals.
Learn more about agreement here:
https://brainly.com/question/24225827
#SPJ11
In a free market economy, the market, not the
determines prices. The interactions of
and
determine the price in the market?
Answer: 1. government , 2. consumers , 3. producers
Explanation: edmentum / plato
At the new equilibrium price of $200, what is the new equilibrium quantity?
When the price is $200, QD0 equals 0, QS equals 2350, and QD1 equals 2350.
The equilibrium price is the only price at which consumers' and producers' goals coincide—that is, the amount consumers want to buy of the commodity, quantity demanded, equals the amount producers want to sell, quantity supplied.
The equilibrium quantity is the name given to this common quantity. The demand and supply function (Qa - bP = x + yP) can be used to compute it. When the supply equals the demand, the equation yields an equilibrium price. To calculate the quantity, enter the equilibrium price into the demand or supply function.
To learn more about price, click here.
https://brainly.com/question/19091385
#SPJ4
A PDF file is used to display a file as it will look when _______.
Answer:
a pdf file is used to display a file as it will look when _____.
In one sentence, explain what would happen to the market value of professional baseball players if fewer fans watched baseball games.
If fewer fans watch baseball games, the market value of professional baseball players would fall.
What is the impact of fewer fans watching baseball games?If fewer fans watch baseball games, the income earned from selling baseball tickets would decline as less tickets would be sold.
As a result of the reduced income from the sales of baseball tickets, the income that processional baseball players would earn would decline. This would decline their market value.
For more information about the change in demand, please check: https://brainly.com/question/25871620
selling stockholders who are offered cash or another company's stock in a merger may be willing to part with the shares because multiple choice the offered shares may be more marketable. the price they are offered may be above market value. they can attain a greater degree of diversification as a result. all of these options are true.
All of the options listed are true. Selling stockholders who are offered cash or another company's stock in a merger may be willing to part with the shares because they can attain a greater degree of diversification, the price they are offered may be above market value, or the offered shares may be more marketable. In other words, there are multiple reasons why a selling stockholder may choose to accept an offer in a merger.
It's important to understand why each of these options is true. When a selling stockholder receives an offer of cash or another company's stock in a merger, they may be able to attain a greater degree of diversification. This means that they can spread their investments across multiple companies, which can reduce their overall risk. Additionally, the price they are offered may be above market value, which means they can make a profit by selling their shares. Finally, the offered shares may be more marketable, meaning that they can be easily sold on the open market. All of these factors can make it more attractive for selling stockholders to accept an offer in a merger.
Learn more about overall risk: https://brainly.com/question/30105995
#SPJ11
According to the video, some workers who work for themselves, such as Actors, Musicians, or Writers, may have what
sort of worker represent them to potential customers?
O an Agent
O a Headhunter
an Employer
a Mentor
Answer:
an Agent
Explanation:
just answered it and got correct
Answer: Agent
Explanation: just got it right on edge
barry, the ceo of trenton corp., claims that their competitor, bmn inc., simply produces a modified version of trenton's product. he also publicly claims that bmn's products are poor in quality. if the claims made by barry are untrue, bmn inc. can sue barry for the tort of .
'Barry, the CEO of Trenton corp., claims that their competitor, bmn inc., simply produces a modified version of Trenton's product. he also publicly claims that men's products are poor in quality. if the claims made by barry are untrue, bmn inc. can sue barry for the tort of injurious falsehood.
The tort of injurious falsehood (additionally called exchange libel) consists of the malicious publication of falsehood concerning the plaintiff that leads different persons to behave in a manner that causes actual loss, damage, or cost to the plaintiff.
Fake statements disparage the plaintiff's property or commercial enterprise pursuits, thereby causing him economic damage. Slander of identity: A false claim that the plaintiff does now not personal the property he is dealing in.
The maximum vital distinction between injurious falsehood and defamation is that: defamation is particularly about statements that purpose you hurt feelings or damage your recognition; injurious falsehood is particularly about statements that make you lose money. This distinction affects what damage you may get.
Learn more about injurious falsehood here https://brainly.com/question/28019126
#SPJ4
Read the following scenario, and then answer the question below.
A new pet supply company plans to primarily sell products in stores. They need a system that will track their large
inventory and keep customer sales records.
Which evaluation factor will be most important when choosing technology for the company?
1)speed
2)size
3)storage
4)connectivity
The correct answer is 3) storage
Explanation:
In technology, storage refers to the amount of information a system, program, or similar can record and save. This factor is especially important when businesses or companies need to keep a lot of information from sales, inventory, and similar. This occurs in the case of the pet supply company because it is explained they need a technological system to "track their large inventory and keep customer sales records", therefore their priority will be to record and save their information or the storage in the system.
Answer:
c
Explanation:
c
a company must disclose any change in its inventory costing method in its financial statements. T/F
True. According to Generally Accepted Accounting Principles (GAAP), a company must disclose any changes in accounting policies or inventory costing methods in its financial statements.
A company is indeed required to disclose any change in its inventory costing method in its financial statements. The inventory costing method represents a significant accounting policy that affects the valuation of a company's inventory and the cost of goods sold. Any change in the inventory costing method can have a material impact on the financial statements, including the reported values of inventory, cost of goods sold, gross profit, and net income.
Disclosure requirements for changes in accounting policies are governed by accounting standards, such as the Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS), depending on the jurisdiction. When a company changes its inventory costing method, it is considered a change in accounting policy, and the nature and impact of the change need to be disclosed in the financial statements.
The disclosure typically includes information about the nature of the change, the reasons for the change, the specific impact on financial statement line items, and any adjustments made to comparative periods. This ensures transparency and helps users of the financial statements to understand and analyze the effects of the change on the company's financial performance and position.
Learn more about Generally Accepted Accounting Principles (GAAP) : brainly.com/question/28336081
#SPJ11
Sean’s mother had to make an emergency purchase of a new tire because her tire went flat while she was traveling to the store. She is not sure how much money she has in her checking account. Which method of payment should she use to be financially responsible?
She should pay by telephone with her debit card.
She should pay with a debit card.
She should pay with a credit card.
She should pay with a check.
Answer:
c. She should pay with a credit card.
Explanation:
Credit cards are basically loans that the banks give to the customer to use and pay back before the due date.
Now if Sean's mother does not know how much money she has, she must use the credit card because to be financially responsible and pay the type services their due amount.
Later she can check her account details and make payments to the bank as per requirement.
Explanation:
The most financially responsible option for Sean's mother would be to pay with a debit card. The correct option is B.
Why debit card is better than cash?You can carry out purchases using a debit card rather than scrambling for cash, looking through your pockets or handbag for exact change, writing a check, or visiting an ATM. It's also more convenient than ever thanks to the increase in companies accepting debit card payments.
This is because a debit card transaction deducts the payment directly from her checking account, so she can only spend the money she actually has available. This can help her avoid overspending or going into debt.
Paying by telephone is also a convenient option, but it is important for Sean's mother to make sure she is using a secure and trusted payment system to protect her personal and financial information.
Using a credit card or writing a check are also options, but they may not be as financially responsible in this situation. With a credit card, Sean's mother would be borrowing money and may incur interest charges if she doesn't pay the balance in full. Writing a check may take longer to process and may not be accepted by all tire shops.
Thus, the ideal selection is option B.
Learn more about Debit Card here:
https://brainly.com/question/27934503
#SPJ7
How does email marketing help companies nurture customers?
Answer:Email helps with a lot of things , emails can help companies keep track of things such as documentary , reciepts,checks and more.
Explanation:
if a bank doubles the amount of its capital and roa stays constant, what will happen to roe?
If a bank increases its capital payments while maintaining its ROA, its ROE will be cut in half.
Furthermore, equity holders value ROE more than ROA since ROE informs shareholders about the earnings on their equity investment. ROA, on the other hand, will solely give information regarding the management of the banks' assets.
The advantage is that the bank now has a greater buffer of bank capital and is less likely to fail if it suffers losses on its loans or other assets. The cost is that it will have a lower ROE, or return on equity, for the same ROA.
Learn more about to ROE
https://brainly.com/question/29557790
#SPJ4