Why is buying a house a personal decision

If scientists discover that eating bacon reduces cholesterol levels:

bulgar [2K]

Answer:

a. The demand for bacon will increase.

Explanation:

Scientists and other experts are known to influence customer perceptions of consumer products. Many customers make buying decisions based on expert opinions and reviews, which can greatly impact sales.

If scientists say that eating bacon reduced cholesterol, consumers' perceptions of bacon will change. Since this is positive or desired news, customers will increase bacon consumption. Bacon will attract many new customers, which will lead to an increase in its demand.

7 0

4 years ago

If nominal GDP rises we can say that A. production has risen or prices have risen or both have risen. B. prices have risen and p

Svet_ta [14]

Answer:

All the options are possible:

A. production has risen or prices have risen or both have risen.
B. prices have risen and production remains constant.
C. production has risen and prices remain constant.
D. production has fallen and prices have risen.

Explanation:

Nominal gross domestic product (GDP) represents the market value of all the new and legal goods and services produced within a country during a given period of time (generally a year). Since it is not adjusted to inflation (real GDP is), an increase in nominal GDP may result from higher inflation or higher production, or a combination of both. Only if adjusted to inflation (real GDP) we can know if the increase resulted from higher production.

4 0

3 years ago

Adger Corporation is a service company that measures its output based on the number of customers served. The company provided th

sergeinik [125]

Answer:

1. Total Revenue in May $ 175,000

2. Total Salaries & wages For May $ 88500

3. Total Travel Expenses for May $21,000

4. Other Expense $ 36,000

5. Operating Income $ 65,500

Explanation:

Given

Adger Corporation

Fixed Element Variable Element Actual Total

per Month per Customer Served for May

Revenue $5,000 $160,000

Employee Salaries

& wages $50,000 $1,100 $88,000

Travel expenses $600 $19,000

Other expenses $36,000 $34,500

There were 35 customers.

Revenue = $5000 per customer

We can easily calculate as we have been given the number of customers and the variable element of expense per customer.

1. Total Revenue in May = 5000 * 35= $ 175,000

Variable Salaries & wages = $ 1100 per customer

Total Variable Salaries & wages = $ 1100 *35= $ 38500

2. Total Salaries & wages For May = Variable + Fixed

= $ 38500 + $50,000= $ 88500

Travel expenses = $600per customer

3. Total Travel Expenses for May = $ 600 *35= $21,000

4. Other Expense = Fixed Expenses = $ 36,000 ( there are no variable expenses)

5. Operating Income= Revenue - Employee Salaries - Travel Expenses

= $ 175,000- $ 88500 - $ 21,000= $ 65,500

Other expenses are included in the net income statement not operating income statement.

5 0

4 years ago

An examination of the reasons given by people willing to accept the risks of entrepreneurship indicates that: A)the desire to ea

Mariana [72]

Answer:

B)many people become entrepreneurs because they do not enjoy working for someone else.

Explanation:

The examination of the reasons provided by the people who wants to accept the entrepreneurship risk as here most of the people become entrepreneurs but at the same time they dont enjoy working for someone else as they wabt to work for themselves not for someone else

Therefore as per the given situation, the option b is correct

6 0

3 years ago

The Savings and Loan Crisis in the 1980s was a result of the cost of the military. the federal budget surplus. the number of new

blagie [28]

Answer: the number of failing banks.

Explanation:

The Savings and Loan Crisis lasted from the 1980s to the 1990s and saw the failure of 1,043 Savings and Loan associations (S&Ls). These small "banks" accept deposits and use them to create loans for their members.

The problem with these S&Ls was that they were making losses on the loans they gave out and instead of getting out of business, they engaged in speculative trading to offset their gains and lost even more money leading to the government closing them down.

8 0

3 years ago

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