When making the minimum required payment on a credit card bill, a large part of the payment goes towards .

Is C. Interest

Explanation:

Interest is the right answer, Credit card companies often take in interest before the user pays of the principle to ensure higher profit margins in the long-run.

the correct answer is ) possibility.

demonstrating opportunity cost is done through production possibility.

the opportunity cost can be demonstrated using the production possibility frontier or curve. this graphic shows the total number of possibilities for two products when we have the resources needed and used in an efficient manner. the main resources could be money, labor, and technology. the curve shows that the production of one good increases when the production of the othe

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