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hjlf
3 years ago
14

How do wealth and consumer credit affect consumer buying power??

Business
1 answer:
Svet_ta [14]3 years ago
3 0
Wealth<span> and </span>credit<span> equip customers with the </span>purchasing power<span> for </span>buying<span> goods and services. W</span>ealth<span> enables the person to </span>buy<span> more, pay more for the same good. Hope this answers the question. Have a nice day. Feel free to ask more questions.</span>
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Kristi sells purses. Her cost is $35 per purse. On a certain day, she sells 12 purses, and her producer surplus for that day amo
aleksandrvk [35]

Answer:

$50

Explanation:

The computation of the selling  price of each purse is shown below:

As we know that

Selling price = Total value ÷ number of purses sold

where,

Total value is

= Cost of the purse × number of purses sold + producer surplus

= $35 × 12 purses + $180

= $600

And, the number of purses sold is 12

So, the selling price of each purse is

= $600 ÷ 12 purses

= $50

4 0
3 years ago
If the market for corporate control were efficient as a governance device, then only __________ would be targets for takeovers.
CaHeK987 [17]

Answer:

The correct answer is c. poorly performing firms.

Explanation:

Corporate governance is the set of rules, principles and procedures that regulate the structure and operation of the governing bodies of a company. Specifically, it establishes the relationships between the board of directors, the board of directors, the shareholders and the rest of the interested parties, and stipulates the rules governing the decision-making process on the company for the generation of value.

In recent years, and more specifically following the onset of the financial crisis, the international community has understood the importance of listed companies being managed in an adequate and transparent manner. The good governance of companies is the basis for the functioning of markets, as it favors credibility, stability and contributes to boosting growth and wealth generation.

The weakness shown by corporate governments of large organizations in the past has multiplied the demands for transparency, truthfulness, good practices and responsible business behavior on the part of investors, consumers and society in general, which not only pay attention anymore. to financial indicators, but they also want to know how those results have been achieved.

4 0
4 years ago
Jordan loves creating short films using his phone camera and small posable figures. He has learned how to edit the videos so tha
vodomira [7]

Answer:

You tube , computer enjneer

Explanation:

5 0
3 years ago
Read 2 more answers
A company purchased a tract of land for its natural resources at a cost of $1,890,400. It expects to mine 2,140,000 tons of ore
Maksim231197 [3]

Answer:

$0.76 per ton or ore

Explanation:

to calculate the depletion expense per ton of re, we must first calculate the land's initial cost - salvage value = $1,890,400 - $264,000 = $1,626,400

now we divide by total expected ore reserves = 2,140,000 tons

depletion expense per ton of ore = $1,626,400 / 2,140,000 tons = $0.76 per ton

that means that the land will depreciate depending on the number of tons of ore extracted, not the time passed

4 0
3 years ago
Suds and Duds Laundry washed and pressed the following number of dress shirts per​ week:
goldfiish [28.3K]

Answer and Explanation:

The computation of the labor productivity per hour for each week is shown below:

As we know that

Labor productivity = Total shirts ÷ Total hours

For week 1

= 168  ÷  24

= 7 shirts per hour

For Week 2

= 130  ÷  46

= 2.83 shirts per hour

For Week 3

= 162  ÷  62

= 2.61 shirts per hour

For Week 4

= 125  ÷  51

= 2.45 shirts per hour

For Week 5

= 131  ÷  45

= 2.91 shirts per hour

3 0
3 years ago
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