Why does the weekly payment plan have less total cash outflow each year? (Select the best response.)A. As more payments are made each year, the APR becomes smaller and thus the interest expense is lower. B.As more payments are made each year, the years of the loan are reduced and thus the interest expense is lower. C.As more payments are made each year, the principal is repaid quickly and thus the interest expense is lower. D.As more payments are made each year, the EAR becomes smaller and thus the interest expense is lower.

Aprice ceiling is “binding” if the price ceiling is set below the equilibrium price. suppose that the equilibrium price is $5. if a price ceiling is set at $6, this will not affect the market in any way since $5 remains a legally allowable price (since $5 < $6). a price ceiling of $6 is called a “non-binding” price ceiling. on the other hand, if the price ceiling is set at $4, the price ceiling is “binding” because the natural equilibrium price is $5 but that is no longer allowed. what happens when there is a binding price ceiling? at a price below the equilibrium price, quantity demanded exceeds quantity supplied. there is a shortage. normally, price increases eliminate shortages by increasing quantity supplied and decreasing quantity demanded. in this case, however, price increases are not allowed past the price ceiling. we therefore predict that the observed market price will be right at the price ceiling and there will be a permanent shortage. the observed quantity bought and sold will be dictated by the quantity supplied at the price ceiling. although consumers would like to buy more, there are no more units for sale

What is the second step in communication planning? determine the purpose of the message outline the communication for delivery determine the best channel of communication clarify objectives identify the audience

Provide an example of open-ended credit account that caroline has. caroline blue's credit report worksheet.