1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lawyer [7]
3 years ago
7

A consumer uses goods and services to _____.

Business
2 answers:
allochka39001 [22]3 years ago
8 0
The answer is...

A consumer uses goods and services to satisfy economic wants.
Juliette [100K]3 years ago
6 0
Economically speaking the process is that consumer uses goods and services to survive. They will also use them to sustain things from their wants and needs, doing so they are helping out for a normal cycle which is good. Their salary should be spent on these goods and services.
You might be interested in
Gilberto manages a grocery store in a country experiencing a high rate of inflation. To keep up with inflation, he spends a lot
Stells [14]

Answer:

Menu Costs

Explanation:

From the question we are informed about Gilberto who manages a grocery store in a country experiencing a high rate of inflation. To keep up with inflation, he spends a lot of time every day updating the prices, printing new price tags, and sending out newspaper inserts advertising the new prices. His employees regularly deal with customer annoyance over the frequent price changes. This case is an example of the of Menu Costs inflation.

In domain of economics, menu cost can be regarded as the cost to a firm that results due to changing its prices. When there is high inflation, firms needs to often make a change to their prices ,so they can keep up with economy-wide changes. The name arised out of the cost of a printing new menus of a restaurants , but it is used by economists when they are generally referring to the costs of changing nominal prices

.

3 0
3 years ago
Consumer research, product development, communication, distribution, pricing, and service are all most accurately described as c
NeX [460]

Consumer research, product development, communication, distribution, pricing, and service are all most accurately described as <u>core "marketing" activities.</u>


Marketing is a social and administrative process by which people and gatherings acquired what they require and need through making, offering and trading results of significant worth with others.  

Your core marketing strategy for your private business must include making a guarantee to tackle your optimal client's most prominent problem.It's tied in with marketing and advancements. That is, the work you put into bring issues to light about your image, increment interest for your item or administrations and lift deals.

6 0
3 years ago
The demand curve of a monopolist is: A. downward sloping and above the marginal revenue curve. B. kinked because of recognized i
Nataly [62]

Answer:

A. downward sloping and above the marginal revenue curve. 

Explanation:

A monopoly is when there's only one firm operating in an industry. A monopoly usually sets the market price for goods and services. A monopoly faces a downward sloping demand curve because as price increases, the quantity demanded falls.

I hope my answer helps you

7 0
3 years ago
Read 2 more answers
In this statement, which type of spending is President
sineoko [7]

<u>Answer: </u>Option 2 discretionary

<u>Explanation:</u>

Spending can be mandatory spending or discretionary spending. Mandatory spending means the spending on essentials goods such as food. Discretionary spending means the spending on recreation and entertainment where people have additional money in hand after meeting their necessary expenses.

In this speech Obama speaks about the non essential expenses when they are controlled more investments can be made. He says when all the departments cut down their discretionary expenses then can result in economic growth.

7 0
3 years ago
Read 2 more answers
Smiling Elephant, Inc., has an issue of preferred stock outstanding that pays a $6.10 dividend every year, in perpetuity. If thi
Contact [7]

Answer:

7.56%

Explanation:

Calculation for the required return for Smiling Elephant

Using this formula

Required return =D/P0

Where,

D=$6.10

P0=$80.65

Let plug in the formula

Required return =$6.10/$80.65

Required return =0.0756×100

Required return =7.56%

Therefore the Required return for Smiling Elephant Inc will be 7.56%

5 0
3 years ago
Other questions:
  • In order to be strategic when participating in the recruiting process, HR professionals must:______.
    5·1 answer
  • 1. When John received his W2, he received several copies. Why was he sent multiple copies of this form?
    9·1 answer
  • Which of the three factors of production do you think is most important to economic success? Why?
    14·1 answer
  • JWS Transport Company’s employees earn vacation time at the rate of 1 hour per 40-hour work period. The vacation pay vests immed
    7·1 answer
  • This chapter states that most economists would probably maintain that new technologies are the single most important source of p
    9·1 answer
  • One disadvantage of a partnership is lower monitoring costs. limited liability. difficulty raising funds. it permits greater spe
    10·1 answer
  • Kari has been saving money for college for the past four years; she thinks that she is close to her goal amount of $30,000 which
    12·1 answer
  • I had eaten plenty true or false​
    14·1 answer
  • Xavier has been working at his first post college job for almost a year when his company gives him a raise, resulting in a paych
    14·1 answer
  • Kirtland Corporation uses a periodic inventory system. At the end of the annual accounting period, December 31 , the accounting
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!