Service credit entails which of the following characteristics?
O
Borrowing a specific amount of cash to repay later by a set date
O
An interest rate that is typically high because the balance is carried over each month
O Making regular payments to repay the amount owed by a set date
O
Variable payments based upon use (for example, electricity) or late/overuse fees (for example, a cellphone
plan)

Variable payments based upon use (for example, electricity) or late/overuse fees (for example, a cellphone

plan).

Explanation:

Service credit refers to an amount of money being paid in agreement to purchase a good or service usage by an individual or organizations such as utility bills.

Service credit entails variable payments based upon use (for example, electricity) or late/overuse fees (for example, a cellphone

plan).

answer; radioactive decay)

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know