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Anettt [7]
3 years ago
9

When considering the impact of individual consumption levels on a country's economic health, which segment of the population is

the most important contributor?
A
The lower class, because there are so many of them
B
The upper class, because they consume higher-priced goods.
C
The upper class, because they pay the most taxes
D
The middle class, because they consume the most
E
All classes contribute equally to a country's economic health
Business
1 answer:
atroni [7]3 years ago
8 0
I think that in most countries, the marketing analysts would focus on the middle class. One factor is that, the rich class would always be outnumbered by the middle and the lower class. So even if they buy high-priced goods, they would only contribute a small part of the total profit. On the other hand, lower class people can't afford much of these products. That is maybe why commodities are advertising lower prices so as to attract more people. Hence, the answer is most probably letter D.
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What is the present value of $2,025 per year, at a discount rate of 7 percent, if the first payment is received 6 years from now
Marysya12 [62]

Answer:

The correct answer is $20,369.65.

Explanation:

According to the scenario, the computation of the given data are as follows:

Payment (pmt) = $2,025

Discount rate ( rate) = 7%

Time period ( Nper) ( 6 -23 years) = 18 years

So, we can calculate the Present value by using financial calculator.

Attachment is attached below.

So, Present Value = $20,369.65

7 0
3 years ago
Calculate the inflation rate for shoes with the following prices.
Vadim26 [7]

Answer:

D

Explanation:

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Profit is defined as total revenue:__________ a. divided by total cost. b. times total cost. c. minus total cost. d. plus total
Softa [21]

Answer:

<em>C. Minus total cost</em>

Explanation:

Profit = total revenue - total cost (expenses)

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3 years ago
What is a cognitive biasis that a person might be subject to?
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7 0
3 years ago
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Oriole Company purchased a computer for $9,600 on January 1, 2019. Straight-line depreciation is used, based on a 5-year life an
poizon [28]

Answer:

Depreciation on 2021 is $2,820

Explanation:

First, let's compute depreciation expense from January 1, 2019 to December 31, 2020 using the original cost and salvage value.

STRAIGHT LINE METHOD FORMULA :

( Cost of an asset - Salvage value) / life of an asset

($9,600 - $1,200) - 5 years

= $1,680 (annual depreciation) x 2 years (January 1 2019 to December 31, 2020)

= $3,360

Second, Compute the carrying amount on January 1, 2021. Deduct accumulated depreciation from January 01, 2019 to December 31, 2020 from the cost of the computer.

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FINALLY, depreciate using the new remaining life of an asset and new salvage value.

New life remaining = 2 years

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($6,240 - $600) / 2 years = $2,820 (answer)

5 0
3 years ago
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