What is the best definition of marginal benefit o the possible income from producing an additional item?
The marginal benefit is the maximum amount a consumer will spend on a new good or service. Additionally, it describes the additional benefit or usefulness that a consumer receives as a result of acquiring the extra good or service.
Which concept of a marginal benefit best describes the situation?The maximum a buyer will shell out for a single additional good or service is referred to as the marginal benefit. With use, the marginal benefit often decreases. The marginal cost of production is the difference in cost incurred when producing one additional unit of a thing or one additional unit of a service.
Marginal Advantage the increased utility or delight a consumer derives by consuming an additional unit of a good or service. Their marginal benefit is the maximum price they will pay to use that extra unit of a good or service.
Let's use the price of a $50 pair of pants as an example. However, you're willing to shell out $60 for the pair. The marginal gain in this scenario is $60, assuming you won't spend more than $60 on a pair of pants. This shows that the marginal benefit is $10 greater than the selling price.
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A. Why is it recommended to start with Essential SAFe? Is is the newest addition to SAFe so many people will prefer it? It requires just one ART so implementation can begin without training executives and leaders Most implementations start with a single ART It does not require up-front team training which speeds up the implementation process B. Niccolo is invited to help a program where, even though not mandated by the external environment, management requires teams to make big, up-front and detailed scope commitments for every release. What are the three things Niccolo can do to best coach the decision-makers? (choose three) Illustrate the power of feedback in content decision making Emphasize the value of "Responding to change" from the Agile Manifesto Explain that too much up-front detail demotivates Product owners as they have almost nothing to do afterwards Explain the "understand and exploit variability" principle of product development flow Satisfy the immediate need and improve later Explain the benefits of releasing at the end of the Program Increment C. During a value stream identification workshop the teams have designed three development value streams in support of the operation value stream. Which test would help identify if these are good development value streams? All of them have between 50 and 125 people needed to develop their solution There is a clear definition of who the solution manager is for each one Each can operate and deliver value relatively independently from the others The structure of the value stream matches existing organizational structures
The following advantages can come from beginning with Essential Safe: enables teams to match their goals with features of the product.
What is Essential Safe?For ARTs to offer one or more desirable, practical, viable, and sustainable Solutions, or components of a Solution, it is essential that Safe be used.
Safe provides the appropriate roles, artifacts, events, and mentality. SAFe is powered by the long-lived, flow-based, self-organizing nature of the ART, which eventually makes Business Agility possible.
The Scaled Agile Framework is divided into three levels: team level, program level, and portfolio level. These three levels are no longer adequate as a fourth level has been implemented in Safe version 5.0.
The following advantages can come from beginning with Essential Safe: enables teams to match their goals with features of the product. enables a clear visual representation of the most important prioritizations.
Makes certain that quick victories are produced as quickly as feasible to persuade more stakeholders and drive the transformation. At this Safe level, collaboration between one or more teams is the focus.
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What are the top 3 expenditures for the federal government?
The three major federal government expenditures were Medicare and Medicaid, Social Security, and Defense.
What are the expenditures of federal government?The federal government's largest expenditure is on Social Security, which is an example of mandatory spending. Mandatory spending is the allocation of funds to specific programs mandated by law.The federal government's spending includes all government spending on public goods. A public good is one that is not exclusive or competitive.Federal government spending is one of the positive components of a country's gross domestic product. Federal government spending is also used to control the economy's money supply. The government would increase its spending if it wanted to increase the money supply. If the government wants to shrink the money supply, it must cut spending.To learn more about federal government expenditure refer to :
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105 . Which of the following is an advantage of virtual teams relative to face - to - face teams ? A . Increased flexibility B . Increased trust C . Increased socio - emotional cohesiveness D. Decreased efficiency E . Decreased creativity
An advantage of virtual teams relative to face-to-face teams is Increased flexibility
A virtual team is a group of individuals that collaborate using communication technologies like email, instant messaging, and audio or video conferencing services while working remotely from different places. It is also known as a geographically dispersed team, distributed team, or remote team.
Virtual teams allow for more increased flexibility as team members can work from different locations and have different schedules, which can be beneficial for organizations with global operations or employees who have different time zones.
The phrase may also be used to characterize asynchronous or cross-level organizational teams or groups. According to Powell, Piccoli, and Ives, virtual teams are collections of "geographically, organizationally, and/or temporally dispersed people brought together by information and communications technologies to perform one or more organizational objectives" (2004).
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In order to lower administrative costs associated with employee retirements plans and switch the investment risk of investments to the employee, many employers are switching to defined __________ plans.
In order to lower administrative costs associated with employee retirements plans and switch the investment risk of investments to the employee, many employers are switching to defined contribution plans.
Retirement is the end of an active job, career, or professional life. Another way to partially retire is to work fewer hours or with less work. When they are old or unable to work due to health problems, many people decide to retire.
People can also choose to retire if they qualify for private or public retirement benefits, while some are forced to do so due to physical limitations or the laws governing their occupation. The concept of retirement was first popularized in the late 19th and early 20th centuries in most countries.
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#5 A bias of -10 means A. You are over forecasting B. You are under forecasting C. Your forecast is almost perfect D. It tells you nothing about your forecast Submit Answer format: Text
A bias of -10 means You are forecasting Thus option (B) is correct.
What is the bias?Bias is a disproportionate preference for or opposition to an idea or object, typically in an unreflective, prejudiced, or unfair manner. Biases may be ingrained or acquired. Biases for or against a person, a group, or a belief can arise in people. A bias in engineering and science is a type of systematic inaccuracy.
You under-forecast when your prediction is less than what really occurs. In the same vein, over-forecasting occurs when your prediction is higher than reality.
When there is a regular discrepancy between actual sales and the forecast, which may be due to over- or under-forecasting, bias in forecasting occurs. Businesses frequently gauge it using the mean percent error (MPE). If it's positive, the bias is downward, which means the company tends to underestimate.
Therefore, option (B) is correct.
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What are incentives?
Rewards and benefits are employed as incentives to promote superior working behaviors.
Why do you use the word "incentive"?Any techniques that affect someone's conduct are generally considered motives. The relevance of incentives is emphasized by the fundamental principle of economics and the laws of behavior, which hold that stronger incentives lead to greater levels of effectiveness and, as just a consequent, higher levels of performance.
What are the most common incentives?Financial as well as non incentives are the two different categories of incentives. Economic rewards are payments or awards provided in return for hitting certain targets or goals. Non-monetary incentives include recognition, prizes, and other non-cash benefits.
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if $500,000 in new taxes is raised and spent on building a new school and $300,000 in private spending would have been spent anyway, how much is added to short-run aggregate demand?
If $500,000 in new taxes is raised and spent on building a new school and $300,000 in private spending would have been spent anyway, $200,000 is added to short-run aggregate demand.
In the given question, if $500,000 in new taxes is raised and spent on building a new school and $300,000 in private spending would have been spent anyway.
Then we have to find how much is added to short-run aggregate demand.
As we know that;
The connection between planned national output (GDP) and the overall price level is known as short run aggregate supply (SRAS). When calculating SRAS, we make the short-term assumptions that production costs, costs of labor, and technological status are all constant.
New taxes raised by = $500,000
Private spending = $300,000
So added to short-run aggregate demand = Raised Taxes - Private spending
Added to short-run aggregate demand = $500,000 - $300,000
Added to short-run aggregate demand = $200,000
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How do you explain APR to customers?
The Annual Percentage Rate (APR) is the cost you pay each year to borrow money, including fees, expressed as a percentage. The APR is a broader measure of the cost to you of borrowing money since it reflects not only the interest rate but also the fees that you have to pay to get the loan.
The time period annual percentage rate of charge (APR),corresponding on occasion to a nominal APR and from time to time to an powerful APR (EAPR), is the hobby price for a whole 12 months (annualized), instead of only a month-to-month charge/fee, as carried out on a mortgage, mortgage loan, credit score card, and many others. it's far a finance charge expressed as an annual rate. those terms have formal, criminal definitions in a few international locations or criminal jurisdictions, but inside the u.s.a.:
The nominal APR is the simple-interest rate (for a 12 months).The effective APR is the fee+compound hobby price (calculated throughout a 12 months).In some areas, the annual percentage charge (APR) is the simplified counterpart to the powerful hobby charge that the borrower pays on a loan. In many countries and jurisdictions, lenders (which includes banks) are required to disclose the "fee" of borrowing in some standardized way as a shape of client safety. The (powerful) APR has been meant to make it less difficult to examine creditors and mortgage alternatives.
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What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed quizlet?
Investments by the upper class create lower-class jobs is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed.
The growing wealth gap between lower middle class and poor families relative to the rest of society has the single greatest influence on growth. The solution lies in education: the fundamental cause of inequality impeding progress is the poor's underinvestment in education.
According to a study, inequality mostly affects growth through limiting educational chances for kids from lower-class origins, reducing social mobility, and impeding skill development. As income disparity increases, educational outcomes for children of low-skilled parents get worse. On the other hand, individuals with intermediate or high levels of parental academic background see little to no impact.
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since dan served in the army, he should be eligible for a(n) a. arm b. fha loan c. negative amortization d. payment cap e. va loan
D) since dan served in the army, he should be eligible for a(n) payment cap.
The maximum amount you will pay in accordance with this Agreement, excluding fees and collection costs, is referred to as the Payment Cap.
In accounting, how are disbursements recorded?The date, payee name, amount debited or credited, payment method, and purpose of payment are all included in an entry for a disbursement. The disbursement is then accounted for by adjusting the business's total cash balance.
Is cash payment a charge or credit?The cash receipt journal entries all have a debit to cash, while the cash disbursement journal entries all have a credit to cash. The payee's name, check number, and date are all recorded in columns on the cash disbursement journal.
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What is the difference between an inelastic and elastic good?
The difference is that Luxury products and particular foods and beverages are elastic goods because demand is influenced by price changes for them. Products like nicotine and prescription medications may be considered inelastic goods since demand for them frequently remains constant despite price fluctuations.
What is an elastic good?The more replacements there are for an item, the more elastic the good will be, according to the definition of an elastic good, which is one where a change in price results in a large movement in demand.
By dividing the percentage change in quantity required by the percentage change in price, the price elasticity of demand is determined.
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Why studying big data is important?
Big data analytics helps organizations harness their data and use it to identify new opportunities.
What is big data and examples?Big data also includes a wide range of data kinds, such as unstructured data (such as text, documents, and multimedia files), semistructured data (such as web server logs and streaming data from sensors), and structured data (such as transactions and financial records). The definition of big data that seems to best represent it is the one linked with a massive body of information that we could not understand when utilized just in smaller amounts, despite the fact that it is sometimes used imprecisely in part due to the absence of a formal definition. Big data is defined as data that is either impractical or impossible to process using conventional techniques because it is so huge, quick, or complex. Large-scale data access and storage for analytics has been practiced for a very long time.To learn more about big data refer to:
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During the 1970s in the United States, manufacturing entered a long period of decline. Which of the following is the primary reason for this decline?
a. Modernization of plants
b. Rise in unemployment
c. Growth in the service sector
d. Foreign competition
e. E) Recession
Modernization of plants (OPTION A) is the primary reason for this decline. The Plant Modernization initiative investigates how process and technological advancements used in other industries.
Might be used in nuclear power to lower operating costs and enhance dependability and safety. To increase the complexity and flexibility of Modernization, CAD and CAM are integrated, and computer networks automatically modify machine placements and settings. Total factor productivity (TFP) is a investigates metric that is derived by dividing the total output of the economy by the weighted average of its inputs, namely labour and capital. It shows a rise in real output that is greater than the rise in labour and capital inputs.
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What are the 2 meanings of bank?
The noun "bank" can refer to a long mound or slope, such as a riverbank, or to a location where people deposit money. The verb "bank" can also indicate to bounce off of something. The term "word bank" is used frequently and can be used in both noun and verb forms.
187 nations control the World Bank, a global institution for development. Its purpose is to eradicate poverty by providing financial assistance to the governments of its less wealthy members in order to boost their economies and raise the standard of life for their citizens. Cash, credit, and other financial transactions are handled for both enterprises and private customers by the banking sector. One of the main forces behind the U.S. economy is banking, which offers the liquidity needed for individuals and companies to make future investments. The word bank gives the learner access to the essential vocabulary and aids in the development of vocabulary at the instructional level as well as spelling and writing. The academic material or core content may contain a word bank incorporated within it.
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What does Accenture mean by sustainability will be the new digital TQ Brainly?
Sustainability will help all areas within Accenture to create and implement new regulations. Digital platforms will be phased out in favor of more traditional business solutions. Accenture will need to replace all of its current technologies to be truly compliant.
Many businesses believe that putting in more effort will destroy their competitiveness and increase the cost of digital sustainability.
Making our operations more sustainable and developing products both put us under strain.
Customers will not pay more for environmentally friendly items if the need to become more sustainable is viewed as a corporate ethical duty.
Not surprisingly, policy experts and environmental activists have occasionally suggested that governments and corporations impose increasingly stringent laws.
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What are the 5 main ethical considerations a researcher must remember?
Voluntary involvement, informed consent, anonymity, secrecy, risk of damage, and results communication are some of these guiding concepts.
What ethical factor in study is the most crucial?In all scientific communications, strive for honesty. Honestly describe the information, findings, techniques, and status of publications. Don't make up, falsify, or represent data incorrectly. Do not mislead peers, research sponsors, or the general public.
Why are moral issues significant in research?Respecting the dignity, rights, and wellbeing of study participants requires adherence to ethical norms. In order to ensure that the proper ethical standards are being observed, an ethics committee should examine all study involving human subjects.
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Who might receive dividends from a mutual insurer?
O Subscribers
O Stockholders
O Agents
O Policyholders
The people who might receive dividends from a mutual insurer are D. Policyholders.
Who are mutual insurers ?In essence, it denotes that the company's policyholders share ownership. Like when you buy stock or invest in a mutual fund, you get a share of the company when you buy a policy from a mutual medical professional liability insurance company.
You will share in the company's success as a co-owner. Similar to how a stock business pays dividends to its shareholders, the company will frequently return a portion of its profits to its policyholders in the form of dividends if it reaches or exceeds its financial goals for the year.
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sally automotive is preparing the budget for the first quarter and estimates that budgeted cash purchases will be $106,000, $98,400, and $103,600 for january, february, and march, respectively. the company also purchases on credit and historically pays 40% of its credit purchases in the month of purchase, 50% in the month following purchase, and 10% in the second month after the purchase. credit purchases during this time are expected to be $186,000, $174,800, and $202,000 for january, february, and march, respectively. what amount will be reported for accounts payable on the march balance sheet?
The amount that will be reported for accounts payable on the March balance sheet is $138,680.
What is an accounts payable?In accounting, an accounts payable refers to the money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is different from notes payable liabilities which are debts created by formal legal instrument documents.
The computation of accounts payable on the March will be derived as follows:
= (March Credit purchases*0.60) + (February Credit purchases*0.10)
= ($202,000*0.60) + ($174,800*0.10)
= $121,200 + $17,480
= $138,680
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Which of the following are valid consumer research methods? Select all that apply
Surveys
Focus groups
Asking your neighbors and friends questions
Monitored social media listening
From the following, the valid consumer research methods are considered to be the surveys and the focus groups.
Consumer research is conducted via a variety of quantitative and as well as the qualitative methods such as the interviews, surveys, and, ethnographic field studies, focus groups. Thus, so it may also commonly involve doing the desk research of certain online reviews.
A focus group is considered to be a research method which tends to bring together a small group of people in order to answer questions in a moderated setting. Thus, the purpose of the focus groups is in order to gain insight.
Hence, options A and B are correct.
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which of the following is an example of privilege? a. being able to use a handicapped parking spot because you have a physical disability b. people assuming that you got into a university because of affirmative action c. being the only person of your social group in a workplace setting d. feeling confident that if trouble happens you can call the police and they will help you
An example of privilege is Feeling confident that if trouble happens you can call the police and they will help you
People enjoy the privilege of being protected and guarded by the police and so if you encounter a problem the first help you think of is the police and they will surely help.
People frequently hold disparate opinions about engaging the police in minor neighborhood disputes depending on their personal experiences. When there are disputes or suspicious activity in their neighborhood, some individuals immediately call the police. However, for others, calling the police is frequently a last choice because of worries or negative experiences.
There are circumstances in which contacting the police is a must, but there are others in which doing so would be excessive. It's crucial to know when to contact the police and when to let situations play out on their own.
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7 Receiving payment of a portion of an accounts receivable will not affect total assets. increase liabilities. increase stockholders' equity decrease net income. 1 Adjustments are: not necessary if the accounting system is operating properly. usually required before financial statements are prepared. made whenever management desires to change an account balance. made to balance sheet accounts only. On June 1, 2017, England Inc. reported a cash balance of $42,000. During June, England made deposits of $16,000 and made disbursements totaling $48,000. What is the cash balance at the end of June? $74,000 $58,000 $10,000 $6,000
England made deposits of $16,000 and made disbursements totaling $48,000. $10,000 is the cash balance at the end of June.
To calculate the cash balance at the end of the month, you need to start with the cash balance at the beginning of the month ($42,000) and add any deposits made during the month ($16,000) and subtract any disbursements made during the month ($48,000). This gives you a cash balance of $42,000 + $16,000 - $48,000 = $10,000.
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What are the three key points of artificial intelligence AI definition?
Artificial intelligence programming focuses on three cognitive skills: learning, reasoning and self-correction. This aspect of AI programming focuses on acquiring data and creating rules for how to turn the data into actionable information.
In evaluation to the intelligence exhibited with the aid of using animals and humans, synthetic intelligence (AI) refers back to the perception, synthesis, and inference of records accomplished with the aid of using computers. Speech recognition, pc vision, language translation, and different enter mappings are some examples of responsibilities in which that is done.
The several subfields of AI take a look at are targeted on unique targets and the usage of positive techniques. Reasoning, expertise representation, planning, learning, herbal language processing, sensing, and the ability to transport and control items are a number of the conventional targets of AI research.
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What agency is responsible for consumer protection?
Answer:
The FTCs Bureau of Consumer Protection
Most fast-food restaurants are focused on attracting ________ customers.Multiple Choicea. low-involvementb. wealthyc. derived-demandd. government
Most fast-food restaurants are focused on attracting low-involvement customers.
Fast-food restaurants generally aim to attract a wide range of customers, including those looking for a quick and convenient meal option and may not be particularly invested in the dining experience. These customers may be considering a fast and affordable meal meeting their basic needs and may not be interested in spending a lot of time or money. These are generally low-involvement customers.
However, fast-food restaurants may also attract customers who may be seeking out specific menu items that are not available at other types of restaurants. The restaurants may also appeal to customers who are seeking out a specific type of cuisine or dining experience, such as a drive-through burger chain or a chain that specializes in a particular type of food,
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Why is it important to generate profit?
Revenues less expenses are the company's profits. A company's ability to make a profit determines whether it can obtain bank financing, hence making a profit is crucial.
Why does profit matter more than money?Cash flow refers to the amount of money coming in and going out of a business at any given time, whereas profit is the revenue that is left over after business expenses have been deducted. Profit is a better indicator of how well your company is doing, but cash flow is more crucial to the day-to-day operations of the company.
Why is it vital to increase profit?You can cut expenses, boost productivity and turnover, and plan for change and expansion by increasing your company's profitability.
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harriet martineau wrote a series of articles that she hoped would help ordinary people better understand taxes, tariffs and the state budget. this series was titled:
The series of articles written by Harriet Martineau was titled "The Laws of Political Economy".
The articles were written with the intention of helping ordinary people better understand the complex economic concepts of taxes, tariffs, and the state budget.
The articles provided an in-depth explanation of each economic concept, as well as a discussion of the various factors that affect them. Martineau also included examples of how these concepts relate to everyday life and the economy at large.
In this way, she hoped to make the economic theory more accessible to the general public. The series of articles were widely praised for their contributions to the understanding of economics and is still cited today as an important source of information about economic theory.
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watch was a teen publication given out free to high school students, but the publication was unable to deliver the response rates to coupons or sample offers that its advertisers expected. marketing researchers for its publisher developed a research plan, gathered information from teen focus groups, analyzed the findings, and recommended replacing watch magazine with fuel for boys and verve for girls. producing gender-specific magazines would be considered which step in the marketing research approach?
The step in the marketing research approach is to take marketing actions and then plan for research.
After a research plan is being formulated and relevant information is collected it is decided that the magazine will be transformed in gender wise. Market studies blends patron conduct and financial traits to verify and enhance your enterprise idea. It's vital to recognize your patron base from the outset. Market studies helps you to lessen dangers even even as your enterprise continues to be only a gleam on your eye. Market studies is described because the method of comparing the feasibility of a brand new product or service, via studies carried out immediately with ability consumers. This approach permits agencies or corporations to find out their goal market, acquire and report evaluations and make knowledgeable decisions.
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What is a significant issue facing the Social Security program quizlet?
The fundamental issue is that as the population ages, there won't be enough individuals paying social security taxes to support all retirees or give benefits in the near future.
The federal Old-Age, Survivors, and Disability Insurance (OASDI) programme is managed by the Social Security Administration, and the name "Social Security" is frequently used in the United States to refer to it (SSA). The Social Security Act was first passed in 1935, and the most recent amendments have expanded the Act to include a number of social welfare and insurance programmes. August 2022 saw a $1,547 monthly average for Social Security benefits. Approximately 5% of the US GDP, or $1.145 trillion, will be spent on the Social Security program's total costs in 2021. Federal Insurance Contributions Act tax (FICA) and Self Employed Contributions Act tax are the two types balance sheet of payroll taxes that largely support Social Security (SECA). salaries and wages from jobs that qualify.
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If brent uses his credit card to purchase a new television, then the money to pay the retailer is taken from?
When Brent uses his credit card to purchase a new television, the money to pay the retailer is taken from Brent's credit card account.
The retailer then submits a request to the credit card company to receive payment for the purchase. The credit card company pays the retailer, and then charges Brent's credit card account for the amount of the purchase, plus any applicable fees or interest.
A credit card is a type of credit facility, provided by banks that allow customers to borrow funds within a pre-approved credit limit. It enables customers to make purchase transactions on goods and services.
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