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Licemer1 [7]
1 year ago
8

The consumption schedule shows the relationship of household consumption to the level of?

Business
1 answer:
dlinn [17]1 year ago
5 0

The Consumption schedule shows the relationship of household consumption to the level of disposable income.

<h3>What is disposable income?</h3>

Disposable income is the sum of money that a person or household has available for spending or saving after income taxes have been subtracted (sometimes known as disposable personal income, or DPI). At the macroeconomic level, one of the most important economic indicators used to assess the overall health of the economy is disposable personal income. Net income equals disposable income. It is the balance remaining after taxes. The amount of net income that is left over after covering all essentials is referred to as discretionary income.

You could define disposable income as:

  • A country's national income less current transfers (current taxes on wealth, income, and other items, as well as social contributions and other current transfers), plus current transfers that residents of that country can get from the rest of the world.
  • Income that individuals or families have available for discretionary spending, is often known as disposable personal (or family/household) income. The amount of money left over after paying for bare needs like shelter, food, and fuel for a family is referred to as disposable income.

To know more about disposable income, visit:

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Our company can produce a product that incurs the following costs per unit: direct materials, $10; direct labor, $24, and overhe
kvasek [131]

Answer:

net incremental cost = $ 2.2

Explanation:

Data provided:

Direct material cost = $ 10  per unit

Direct labor cost = $ 24  per unit

Overhead cost = $ 16 per unit

thus,

the total cost of the product = $ 10 + $ 24 + $ 16 = $ 50

Now,

if bought from outside cost = $ 45

Overhead cost if bought from outside = 45% of the overhead cost

= 0.45 × $ 16 = $ 7.2

hence, the total cost if bought from outside = $ 45 + $ 7.2 = $ 52.2

since, the cost of product if bought from outside side is greater than the product is produced by own

therefore, the net incremental cost = $ 52.2 - $ 50 = $ 2.2

3 0
3 years ago
after a bank reconciliation is completed, journal entries are prepared for items in the balance per company's records as well as
BaLLatris [955]

'After a bank reconciliation is completed, journal entries are prepared for items in the balance per the company's records as well as items in the balance per bank statement.

This statement is False.

In accounting, bank reconciliation is the process of reconciling the bank account balances on a company's books with the balances reported by financial institutions in their most recent bank statements. You should check the difference between the two numbers and correct if necessary.

Bank reconciliation is the process of reconciling cash book data with corresponding data on bank statements. This is an important process for the CFO's office and ensures the accuracy of the accounting records.

Bank reconciliation is an important internal control tool and is necessary to prevent and detect fraud. It also helps identify accounting and banking errors by explaining the difference between cash balances on accounting records and bank balances on bank statements.

Learn more about Bank reconciliation brainly.com/question/15525383

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7 0
1 year ago
In a "Dutch auction" for new stock, individual investors place bids for shares directly. Each potential bidder indicates the pri
photoshop1234 [79]

Answer:

The statement is true

Explanation:

Market-clearing price is the price of a product or a service in which the quantity sold is equal to the quantity demanded and There are no surpluses or shortfalls on the market, it's also known as the price of equilibrium. The theory suggests that consumers tend to shift to that price

6 0
3 years ago
Read 2 more answers
EcoAthlete determines that the target market for its running shoes is people who are environmentally conscious. It uses only env
Whitepunk [10]

Answer:

C) Lifestyle and Behavior

Explanation:

The reason is that Eco-Athlete is using its customer behavior and lifestyles to target a particular market segment which has common thinking and opinion about a particular item. In this case, Eco-Athlete is using Eco-friendly items because its customer are environmentally conscious which is their behavior that effects their lifestyle. So the company Eco-Athlete is basically using lifestyle and behavior dimension of market segmentation.

3 0
3 years ago
Leading others in cross-cultural situations is complicated. Which of the following is NOT one of the many reasons why such situa
Anastasy [175]

Leading others in cross-cultural situations is complicated. Styles of dress​ are NOT one of the many reasons why such situations can be complicated.

Cross-cultural communication is the practice of identifying both cultural groups' differences and commonalities in order to interact successfully within a particular situation.

You'll be able to express yourself with confidence and learn how to be patient with others who don't share your background if you develop cross-cultural communication skills. Additionally, it will provide you with a wonderful chance to interact with students from other countries and talk about your differences.

Learning the fundamentals of this sort of communication is the first step in overcoming obstacles and preventing misunderstandings in cross-cultural communication. These are openness, awareness, readiness, language, and humour.

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7 0
2 years ago
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