The Jones Family has an annual consumer spending of $82,000. This is calculated using this formula: C = A +MD where C is the consumer spending, A is the autonomous consumption spending, M is the marginal propensity to consume, and D is the disposable income. Thus, the calculation is C = $10,000 + (0.8)($90,000). Giving C a value of $82,000.
Answer:
Sole ownership
Explanation:
Sole Ownership is a term that describes a form of property ownership whereby the ownership or interest in a property is completely owned by a single person. Also, the sole ownership of property can be acquired in some other ways, such as transfer of ownership or statutes of intestate succession.
Hence, in this case, If Garnett dies, the type of ownership Kennedy now have is called SOLE OWNERSHIP
The home loan must be repaid at a real interest rate of 3%; (8.5%-5.5%=3%).
<h3>Real interest rate </h3>
A real interest rate is adjusted to remove the effects of inflation and gives the real rate of a bond or loan. A nominal interest rate refers to the interest rate before taking inflation into account.
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This is an example of <u>Competitor Analysis</u>
- An evaluation of the advantages and disadvantages of present and future rivals is known as competitive analysis in marketing and strategic management. In order to recognize possibilities and risks, this analysis gives both an offensive and a defensive strategic perspective.
<h3><u>What information should a competitor analysis contain?</u></h3>
- A competitive study should look at the attributes, market share, prices, marketing, differentiators, strengths, and weaknesses of your rivals as well as their locations, cultures, and consumer feedback.
- This article is for small company owners, both new and experienced, who wish to research their rivals to enhance their goods or services.
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Answer:
$55
Explanation:
Opportunity cost refers to the value of benefit forgone, in order to get the benefit of current option chosen.
Here, Cameron has a gift card worth $40 which he had to use,
Now he had two options:
Either to buy keyboard of $50
or
To buy speakers costing $55
He chooses to buy keyboard and the value of benefit forgone is value of speakers = $55.
Thus, opportunity cost = $55
