A city centre tour guide currently charges $27 for a full day's tour. The average number of customers is 32. Market research suggests that for every $1 increase in tour price, the guide can expect to lose 3 customers per tour. (a) If the price increase is $x calculate the expected revenue.

Q: How does the credit card company calculate the interest payment?

A: The credit card has been an important tool to increase the purchasing power. This facility has…

Q: Describe the process of Borrowing with Credit Cards?

A: The credit card has been an important tool to increase the purchasing power. This facility has…

Q: Other than lenders, who else might use your credit score and why?

A: Credit decisions are made by lenders. Credit reporting agencies sell credit reports on their…

Q: How fast Can someone get a bank loan?

A: A bank takes into account several things when considering whether or not to extend a loan to…

Q: Why is it important to review your bank statement each month?

A: A bank statement refers to a type document that summarizes all of the transactions in a bank account…

Q: describe something you can do to increase your savings for retirement.

A: Retirement: It is the point of time where someone stops working.

Q: Why do credit scores reported by each credit bureau vary by as much as 50 points? They all use…

A: Credit Scores represent the financial stability of a person. They are essential for the finnacial…

Q: What is Retirement Savings in Canada and what is its importance?

A: Retirement savings in Canada refers to the money that individuals set aside during their working…

Q: an saw an item at a local department store that she considered purchasing but did not. After getting…

A: Forgery: It refers to a situation in which the people signs or copy the signature of some other…

Q: PAYMENT HISTORY,CAPACITY,LENGTH OF CREDIT,NEW CREDIT and MIX OF CREDIT  how do the above factors…

A: Payment History, Capacity, Length Of Credit, New Credit and Mix of Credit are some of the most…

Q: When you use money to purchase lunch, money is serving which role?

A: Money is economically important in three aspects. It is classified as an exchange medium. It is…

Q: Give reasons which you think are the most important reasons for saving regularly.

A: Savings refer to the amount of the funds that are kept by the individuals and are not invested in…

Q: Why are all businesses required to record and report on their financial status?

A: The financial statement is also known as the income statement that is the chronological record of…

Q: Matt and Bree are saving for a new car. At the end of 2013, their total savings was $12,500. In…

A: Matt and Bree are saving for a new car. At the end of 2013, their total savings was $12,500.In 2014,…

Q: rite a paragraph about the topic "Credit Cards". How do you feel about the use of credit cards ? Do…

A: Introduction: The situation of one's own financial affairs is referred to as one's financial health.…

Q: Does IRS have my direct deposit info?

A: IRS stands for Internal Revenue Service which represents the federal government's revenue services,…

Q: Luis and his best friend Faith want to spend as much time as possible at the local amusement park…

A: The objective of the question is to find out how much Faith will owe Luis after they buy season…

Q: could you show how to determine the bond's present value without a calculator?

A: When interest rate rises to 4%: Given, Face value= future value= $1,000 Yield to maturity= 4% Time=…

Q: How is money can be loaned and repaid?

A: A loan is when an amount of money is given to another party in exchange for repayment of the loan…

Q: Discuss credit card safety and precautions?

A: A credit card is a plastic card issued by a financial institution, typically a bank, that allows the…

Q: Importance of saving money

A: Money: It refers to the cash which is available to the people. Money can be used for buying goods…

Q: How do credit cards contribute positively to the economy?

A: Credit cards originated in the second half of the twentieth century as an easy way of making a…

Q: Why do you even need a checking account? Why not just use cash?

A: A checking account is a type of bank account that allows individuals to easily deposit, withdraw,…

Q: Ways on How to Raise Money through: Angel investing Venture Capital Selling stock to the Public

A: It could be money, equipment, land, a building, or anything else. The process of purchasing assets…

Q: Your friend Tim wants to open a checking account, but he's not sure how to do it. Explain the…

A: A checking account is a type of bank account that allows individuals to deposit money, withdraw…

Q: What is the purpose of citation in business research? Please use reference

A: Business research refers to the research done in the fields of management, business decisions, and…

Q: How Do You Manage Your Credit Card Debt?

A: Credit cards have become a everyday part of our lives and is convenient to use. It is often, that we…

Q: Sometimes, lenders allow or require a downpayment before they extend you the loan. What would be the…

A: A person, company, or government agency that gets funds or resources from a lender with the idea…

Q: If you put your $100 into a saving account which earns 5% interest, how long does it take for your…

A: Given information: Amount kept in saving account = $100 Interest rate = 5%

Q: credit card statement in the mail. She paid the bill online and threw the statement away. How can…

A: To find : Whether this is case of fraud or not.

Q: Using economic theory what are the benefits and drawbacks of using digital currencies?

A: Digital currency is the powerful technological innovation happened to the money market in recent…

Q: What do you need to open a bank account, if you are under the age of 18? Please help with this…

A: Connecting to the banking system can be done by opening a bank account with any one of the…

Q: What is business circle?

A: The fluctuation in the economic activity is tracked by the business cycle or circle. In an economy,…

Q: what is the title of coloum f and what does it mean?

A: Future worth is the value of an asset at a particular date. It computes the nominal future sum of…

Q: What should you do before you start looking at homes to buy? Spend everything you earn. Take out as…

A: A credit rating is a metric that assesses a person's or a company's potential to pay back a debt…

Q: credit unions differ from savings institutions

A: More number of saving banks come together are called savings institutions. More number of loan…

Q: s and explanatio

A: The process of risk quantification by assigning numbers being comparable and measurable to the…

Q: role of the debtor in possession?

A: Debtor- It owes a debt to another entity.