Which of the Following Is a Major Reason Why People

question 61

Multiple Choice

Which of the following is a major reason why people use credit?

• A) Weekly purchase of food
• B) Monthly payment of utility bills
• C) Regular payment of small cash outlays
• D) Frequent impulse purchases
• E) Occasionally for convenience

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Definitions:

Injection Mold

A manufacturing process for creating parts by injecting material into a mold to form shapes and designs.

Competitor's Product

A product or service that is offered by one or more companies operating in the same market as another company, serving as alternatives or substitutes.

Operating Cost

The expenses associated with running a business's core operations on a day-to-day basis.

Investment

The allocation of resources, such as capital or time, in expectation of generating future returns.