An example of secured credit is a payday loan. credit card. mortgage. medical bill.

The correct answer is: "mortgage".

A secured credit refers to a loan which has been granted by a financial instution to a borrower, under the condition that the latter provided a guarantee for the return of the funds, an asset that the bank would keep in case of default. Therefore, this sort of credits need to be backed by a collateral.

A mortgage is a debt instrument which is demanded by borrowers who aim to buy a real state property. In fact, such property works as collateral and, in the case of default in repayments, the financial institution that provided the credit has the right to own the property in return.

first of all, it's important to say that the book we shall not be moved, written by joan dash, is about the first strike of women in the united states in the year 1909. the best historical detail to clarify the reader's undertanding is the phrase "general strike". this strike involved women working at a garment factory who decided to protest   long working hours, low wages and brutal conditions. this strike became known as "the new york shirtwaist strike" or "the uprising of the 20,000". the strike mostly involved jewish women who did not speak english or who had a basic knowledge of the english language. finally, the strike went on from november 1909 until february 1910.

marginal cost is a microeconomic measure that us to evaluate the extent to which the level of production of a good is sustainable in accounting, that is, to how many quantities the company plans to profit from the production of the good.

the concept of marginal cost is simple, it means the cost of producing one more item. for example, in the case of pies, the marginal cost is the cost of producing one more pie than those that have already been produced.

it is important to understand that productive activity influences marginal cost. the marginal cost of some goods can be very high, while others may be insignificant. for example, the marginal cost of producing an extra plane is very high. already the marginal cost of a water company to provide 1l more water is derisory.

in the case of pies, the cost involves the inputs, the labor and the fixed cost, which involves the fixed space of the bakery. the level of production initially has the marginal cost decreasing because there is space and manpower available. however, to produce more you have to hire more workers and buy more inputs. if physical space is limited, workers will conflict with places, inputs and their productivity will decrease, meaning there is an optimum point of production for each level of space and manpower. from this point on, the productivity of the workers will be getting smaller because of lack of space, so that the marginal cost of producing one more pie will be increasing. so, although you have not posted the chart, but if you have the answer, you can see that my explanation goes according to the marginal cost curve that will increase from the 4th pie, answer (c).