b. salt
c. a check
d. a tract of land
C is the correct answer
Answer:
Interest, interest.
Explanation:
Interest is the remuneration for the postponement of consumption, ie the remuneration for postponing consumption. When you lend money you charge a fee for the savings effort, which is interest. Thus, if you borrow money you will receive the interest. Similarly, by putting money in the bank as savings, you will be lending to the bank, so it will pay you back with interest.
b. The higher the principal the interest rate, the longer the loan repayment period.
c. The longer the loan repayment period, the higher the total cost of the loan.
d. The higher the interest rate, the longer the loan repayment period.
Answer: C. The longer the loan repayment period, the higher the total cost of the loan. This statement is true because of the relationship between the interest rate, the principal, the loan repayment period and the total cost of the loan. When you have a long term loan, you are ultimately paying interest over a longer period than if you had a short term loan. Due to the length of the loan, the overall amount paid on the loan is much higher. The longer the loan, the longer interest is accuring and being paid on it.
Product differentiation is separating or distinguishing a product from all others and making it more attractive to a specific target market. The firm will have a competitive advantage over its rivals. This will satisfy a specific type of customer requirements. This will be an added value to customer because the product is packaged according to the target market’s requirements.
B. laissez faire
C. employment-at-will
D. due process
E. implied in fact
Answer:
The correct answer is C) Employment-at-will
Explanation:
Under the employment-at-will doctrine, employers can dismiss an employee for any reason as long as the reason is not illegal (for example, firing someone because of his race or sex, which would be illegal discrimination), and employees can leave the job at anytime at will. Under this doctrine, if you do not want to keep working, you just stop going to your job.
The benefit of this doctrine is that it gives more labor flexibility and avoids the existence of lawsuits. The con of this doctrine is that it reduces labor protections.