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2 years ago

this is the percentage of each dollar of income, on average, that is spent for current needs and wants, rather than saved.

1 answer:

7 0

Average propensity to consume (APC) counts how much money is spent each year versus saved.

What is Average propensity to consume (APC)?

Average propensity to consume (APC) counts how much money is spent each year versus saved. This might be done by a single person who is curious about where their money is going or by an economist who is interested in tracking the spending and saving patterns of a whole country. In all scenarios, the tendency to consume can be calculated by dividing average household spending by average household income. A high average propensity to consume is typically advantageous for the economy from a larger economic perspective. When customers have a high propensity to consume, they save less and spend more on products and services. This rising demand fuels economic development, corporate growth, and widespread employment.

To learn more about Average propensity to consume (APC)
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Decision on Accepting Additional Business Homestead Jeans Co. has an annual plant capacity of 65,000 units, and current producti

____ [38]

Answer:

The company should accept the offer as it increases the sales revenue by

$ 180,000

Explanation:

Homestead Jeans Co

Differential analysis

November 12

Reject Accept Differential Effects

(Alternative 1) (Alternative 2) (Alternative 2)

Sales Units 45000 63000

(18,000+ 45,000)

<u>Sales Price Peer Unit 42 42 </u>

Sales Revenue 1890,000 2646,000 756,000

Variable Costs 1305,000 1881,000 (-576,000)

576,000+ 1305,000

<u>Fixed Costs 54,000 54,000 0 </u>

Gross Profit 531,000 711,000 180,000

The company should accept the offer as it increases the sales revenue by

$ 180,000

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3 years ago

An entrepreneur is a person who assumes the risks of organizing and managing a business for the sake of reducing stress from the

Gre4nikov [31]

Answer:

false

Explanation:

For that reason, an entrepreneur relates to the individual who arranges and runs a company or enterprise, carrying on larger than average financial risks. Entrepreneurs simply think in a different manner and perform certain activities in different ways.

Being entrepreneurial can imply inside understanding of your business and being willing to use that skills to make new possibilities. Being creative may involve openly sharing ideas, and embracing so-called mistakes as learning and interactions developing.

Thus, from the above we can conclude that the given statement is false.

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3 years ago

Which of the following is an example of a problem question?

Fynjy0 [20]

Answer:

(B)

Explanation:

This question of course seeks to expand on the problem.

A problem question usually focuses on tackling a real problem, and evoking empathy from the inquirer.

The goal of solving this real problem facing many today is to increase people's productivity.

Problem based questions evokes emotional responses because it makes the Inquirer think about how the problem affects other people, not just themselves.

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3 years ago

At a volume of 11,000 units, Pwerson Company incurred $33,000 in factory overhead costs, including $11,000 in fixed costs. If vo

DaniilM [7]

Answer:

$37,000.00

Explanation:

Total fixed overhead costs = $11,000.00

Variable overhead cost at 11,000 units of production

=Total overheads - Fixed overheads

=$33,000 -$11,000 = $22,000

Variable cost per unit = $\frac{22000}{11000}$ = $2 per unit

When production increased to 13,000 units then overheads costs will be

Fixed Costs = $11,000 Remains constant up to certain activity level, here 13,000 units is acceptable level

Variable costs = 13,000 units X $2 per unit = $26,000

Total Overhead costs = Fixed + Variable

= $11,000 + $26,000 = $37,000

Total = $37,000

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3 years ago

Nike becomes very unpopular. What happens to demand for Reebok?

vampirchik [111]

Answer:

A. The D-curve shifts to the right

Explanation:

Nike and Reebok are supplement goods. It means customers can use either of two brands of shoes with almost equal satisfaction. A change of preferences by customers will influence the demand for supplement goods.

If Nike becomes unpopular, the demand for Reebok will increase. Because the increase in demand is not due to price changes, the demand curve will shift to the right. A shift in the demand curve means that the quantity demanded increases at all prices.

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3 years ago