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The larger the portion of a firm's sales that are on credit means?
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What does QPS mean in the description line on your credit card statement?
QPS stands for Qualified Processing Services. They are a credit card merchant underwriter that processes a large portion of credit card funds transfers in the United States. All this means on your statement is that the place you used your card is using a merchant service whose underwriter is QPS.
Compile the credit card receipts means?
It means to gather them all together.
Are purchases account is increased by a credit and decreased by a debit?
Purchases account is personal account in nature so debit means increase and credit means decrease.
Is decrease in liabilities is credit?
No, liabilities have a normal credit balance, that means that increases are also credit, and that decreases are debit. Please refer to the link provided for debit and credit rules.
What credit means that an account has been increased?
Any credit is an increase to an account. A debit is a decrease to the account.
Why is the number of firms small in oligopoly market.explain?
By definition, oligopoly means 'a few firms'. The prefix olig- means 'few' in Greek (e.g.) oligarchy - 'rule of the few') and the suffix -poly is the description of a market.Three reasons an oligopoly may persist even without artificial controls include: 1) the market has high entry costs, which serve as a barrier to entry to new firms because high capital costs provide strict economies of scale to larger firms; 2) the oligopolistic firms collude to control the market and prevent competitors entering; 3) leading firms out-compete new firms by artificially lowering prices, initiating a price war which the smaller firms can't afford as larger firms with more financial capital can.
How would one define a credit card balance transfer?
A credit card balance transfer means one can transfer the balance of one credit card into another. One can transfer either all the funds or only a portion. For further information, one can contact the credit card company.
What are the significance of bank credit to the growth of firms?
The Importance of Credit In The side of Manufacturers For the producers of goods and services, credit extended to them is something valuable. Through credit, they could able to loan funds or capital that is essential for the means of expansion. It helps firm to expand the control of production which means more goods and services, more surplus (profit). Credit for the producers also serves as a channel for greater profit, well, if they retail product for credit more income will gather. Since, interest is an addition.
True-or false-explicit collusion means when firms explicitly compete?
It is false.It means when firms explicitly agree to co-operate rather than compete.
How do free market and mixed economy differ?
A free market economy is one in which the means of production (land, labor, capital, and entrepreneurship) are held and owned by individuals. A mixed economy is (strictly speaking) one in which at least some means of production are owned by the government. In practice, it usually refers to an economy where some of the biggest firms are owned by the government, and a substantial portion of the GDP is generated by government owned firms.
How do you spell quadant?
The likely word is quadrant, which actually means one-quarter (one-fourth) of an area, but is often used to mean an unspecified portion of a larger area.
How to accurately apply micro and macro economics in a national and local context?
Macro economics means big firms and is the study of the economy at large.micro means small firms and business markets.
Which term means the amount that firms will produce and sell at a specific price?
Quantity supplied is the amount that firms will produce and sell at a specific price.
What does portion mean in math?
it means division and its a part of somethingin reading if u get a question like what does portion mean it means a part
What does QPS mean in the description line on your credit card statement?
QPS stands for Qualified Processing Services. They are a credit card merchant underwriter that processes a large portion of credit card funds transfers in the United States. All this means on your statement is that the place you used your card is using a merchant service whose underwriter is QPS.
What is the meaning of the idiomatic expression lion's share?
The lion's share means the biggest or best part of something.The lions share = The largest portion.In modern times the phrase has come to mean the larger share/part. However, it originally meant the entire share or portion, and not just the larger part. The phrase is derived from one of Aesop's fables.
What does credit limit mean?
Limited credit experience means that a person does not have much in the way of credit history. This means that a person has used credit as payment in the past, but not to a great deal.
