Choose the Word or Phrase in [ ] Which Will

question 108

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-The first step to take in establishing a credit history is to [get a credit card | open checking and savings accounts].

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Definitions:

Profits

The financial gain obtained when revenues from sales exceed the costs associated with production and selling the goods or services.

Perfect Price Discrimination

The price discrimination that results when a monopolist charges each consumer the maximum that the consumer is willing to pay.

Marginal Cost

The change in the total cost that arises when the quantity produced is incremented by one unit.

Pay-per-view

a television service in which viewers pay for each individual program they watch.