1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zlopas [31]
2 years ago
9

When a person receives an increase in wealth, what is likely to happen to consumption and saving?

Business
1 answer:
Arturiano [62]2 years ago
8 0

When a person receives an increase in wealth, Consumption increases and saving decreases

Both present and future consumption rises as a consumer's current income does as well. Savings increase because current spending increases but does so at a slower rate than current income growth. Again, both present and future consumption rises when the customer receives an increase in predicted future income.

Savings declines because current consumption rises while current income does not. Current and future consumption both grow when the consumer's wealth increases. Again, because current income has not increased, saving has decreased. These individual actions to adjust one's consumption and saving habits have a cumulative effect on the aggregate amount of desired consumption and saving.

To learn more about consumption here,

brainly.com/question/14975005

#SPJ4

You might be interested in
Metlock Company signed a long-term noncancelable purchase commitment with a major supplier to purchase raw materials in 2021 at
denis23 [38]

Answer:

Entry for december 1, 2021:

Purchase Inventory=$853,000

Liability on purchase commitment=$902,900-$853,000

Liability On purchase commitment=$49000

Cash=$902,900

Explanation:

Entry for december 1, 2021:

Purchase Inventory=$853,000

Liability on purchase commitment=$902,900-$853,000

Liability On purchase commitment=$49000

Cash=$902,900

3 0
3 years ago
AJ's Markets is being liquidated. The mortgage holder is owed $830,000, the other secured creditors are owed $128,000, and the u
oksano4ka [1.4K]

Answer:

B. $.025

Explanation:

Calculation to determine How much will the unsecured creditors receive per each dollar they are owed

First step is to determine the Mortgage unsecured

Mortgage unsecured = $830,000 -$794,000

Mortgage unsecured= $36,000

Second step is to calculate the Funds available after expenses

Funds available after expenses = $467,000 - $330,000

Funds available after expenses = $137,000

Third step is to calculate the Funds available after secured claims

Funds available after secured claims = $137,000 - $128,000

Funds available after secured claims= $9,000

Fourth step is to calculate the Total unsecured claims

Total unsecured claims = $36,000 + $329,000 Total unsecured claims = $365,000

Now let determine Percent unsecured claims paid

Percent unsecured claims paid = $9,000 / $365,000

Percent unsecured claims paid= .025*100

Percent unsecured claims paid=2.5%

Therefore the amount of that the unsecured creditors receive per each dollar they are owed will be $.025

7 0
2 years ago
Mr. Ibanez has shared a spreadsheet with his students. The first column is blank. The second column contains names in random ord
kati45 [8]

Answer:

Sort by Column B, ZA

Explanation:

The spreadsheet is the software which enables the accountants and business managers to handle complex calculation with ease. Mr.Ibanez has asked students to organize the spreadsheet with names according to descending order. The names are listed in column B. The student should select the area and then click sort option. The dialogue box will appear which will ask to sort according to ascending or descending.

8 0
3 years ago
"Sally is in charge of erecting billboards along highways. The billboards display the logos of newly launched brands in the mark
USPshnik [31]

Answer:

preattentive processing

Explanation:

Preattentive processing -

It refers to the unconscious information , which can be adapted by the environment  , is referred to as preattentive processing .

It refers to the information or the facts that are usually present or adapted by the minds .

The information or data need not be learned again or revised .

As it is a human behavior to connect the things with some predefined knowledge or thoughts .

Hence , from the given scenario of the question ,

The correct term is preattentive processing .

3 0
3 years ago
Suppose that the market demand curve for bean sprouts is given by P = 1,660 - 4Q, where P is the price and Q is total industry o
a_sh-v [17]

Answer:

In equilibrium, total output by the two firms will be option e= 300.  

Q = q_{1} + q_{2}

Q = 100 + 200

Q = 300

Explanation:

Data Given:

Market Demand Curve = P = 1660-4Q

where, P = price and Q = total industry output

Each firm's marginal cost = $60 per unit of output

So, we know that Q =  q_{1} + q_{2}

where q_{} being the individual firm output.

Solution:

P = 1660-4Q

P = 1660- 4(q_{1} + q_{2})

P = 1660 - 4q_{1} - 4q_{2}

Including the marginal cost of firm 1 and multiplying the whole equation by q_{1}

Let's suppose new equation is X

X =  1660q_{1} - 4q_{1} ^{2} - 4q_{1}q_{2} - 60q_{1}

Taking the derivative w.r.t to q_{1}, we will get:

X^{'} = 1660 - 8q_{1} - 4q_{2} - 60 = 0

Making rearrangements into the equation:

8q_{1} + q_{2} = 1660 - 60

8q_{1} + q_{2} = 1600

Dividing the whole equation by 4

2q_{1} +q_{2} = 400

Solving for q_{1}

2q_{1} = 400 - q_{2}

q_{1} = 200 - 0.5 q_{2}  

Including the marginal cost of firm 1 and multiplying the whole equation by q_{2}

P = 1660 - 4q_{1} - 4q_{2}

Let's suppose new equation is Y

Y =  1660q_{2} - 4q_{1}q_{2} -4q_{2} ^{2} - 60q_{2}

Pugging in the value of q_{1}

Y =  1660q_{2} - 4q_{2}(200 - 0.5 q_{2}) -4q_{2} ^{2} - 60q_{2}

Y =  1660q_{2} - 800q_{2} +2q_{2} ^{2} -4q_{2} ^{2} - 60q_{2}

Y =  1600q_{2} - 800q_{2} -2q_{2} ^{2}

Taking the derivative w.r.t q_{2}

Y^{'} = 1600 - 800 - 4q_{2} = 0

Solving for q_{2}

4q_{2} = 800

q_{2} = 200

q_{1} = 200 - 0.5 q_{2}

Plugging in the value of q_{2} to get the value of q_{1}

q_{1} = 200 - 0.5 (200)

q_{1} = 200 - 100

q_{1} = 100

Q = q_{1} + q_{2}

Q = 100 + 200

Q = 300

Hence, in equilibrium, total output by the two firms will be option

e= 300.

5 0
3 years ago
Other questions:
  • Which of the following will affect the size of your monthly mortgage payment?
    7·2 answers
  • Dan's plant will require two shifts of skilled workers, seven days a week. As he does his research, he will pay particular atten
    14·2 answers
  • Real interest rates can either be positive, zero, or negative, but nominal interest rates can only be zero or positive. question
    9·1 answer
  • If a company hires too many employees and discovers later that it can't afford them, it may have to do what?
    7·2 answers
  • Suppose the government increases taxes by ​$110 billion and the marginal propensity to consume is 0.80. By how will equilibrium
    13·1 answer
  • The current​ zero-coupon yield curve for​ risk-free bonds is as​ follows: Maturity ​(years) 1 2 3 4 5 YTM 4.99 % 5.53 % 5.73 % 5
    9·1 answer
  • Pelzer Printing Inc. has bonds outstanding with 9 years left to maturity. The bonds have a 8% annual coupon rate and were issued
    11·1 answer
  • The Ladders is a career search site specializing in high income ($80k+) job placement. Their headline, "Your career is our job,"
    7·1 answer
  • Consider an event you are familiar with, such as a baseball game, a rock concert, or delivering delivering product to a customer
    6·1 answer
  • A company purchased new equipment for $45,000. The company paid cash for the equipment. Other costs associated with the equipmen
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!