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kozerog [31]
3 years ago
15

Preferences are characterized generally by: A. income. B. consumption bundles. C. indifference curves. D. budget constraints.

Business
1 answer:
damaskus [11]3 years ago
4 0

Answer:

B. consumption bundles

Explanation:

Customer preference is defined as the likes and dislikes that a customer has that determines his choice in making purchases.

For exams a customer may want to buy shoes that are black in colour, but shoes that are yellow in colour are ignored.

Preferences of buyers are independent not prices and income level.

Rather it is dependent on consumption bundle. That is the set of goods that will give highest satisfaction to the buyer.

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Assume an increase in global agricultural production of food due to technology while global population remains the same. Due to
MA_775_DIABLO [31]

Answer:

The equilibrium price falls and quantity increases

Explanation:

When the supply of food rises without a corresponding increase in demand , there would be an excess supply.

When there's excess supply, prices fall and the quantity produced rises.

I hope my answer helps you

6 0
3 years ago
If an issuer files a registration statement with the sec under the securities act of 1933, registration is effective:
Andrej [43]

Answer:

Registration statement for securities under the Uniform Securities Act are effective for One year from the effective date. The SEC accomplishes theses goals primarily by requiring that companies disclose important financial through the registration of securities.

Explanation:

3 0
2 years ago
Trey has two dependents, his daughters, ages 14 and 17, at year-end (2018). Trey files a joint return with his wife.What amount
Ipatiy [6.2K]

Answer:

(a) His AGI is $103,300.

$2,000 since only one of your daughters qualifies for the child tax credit (must be under 17 at year end).

(b) His AGI is $426,200.

$2,000 - (27 x $50) = $2,000 - $1,350 = $650

For 2018, the income threshold to qualify for the child tax credit increased to $400,000, and it starts to fade away up to $440,000. It phases out $50 per each $1,000 of additional AGI.

(c) His AGI is $428,900, and his daughters are ages 10 and 12.

($2,000 x 2 children) - (29 x $50 x 2 children) = $4,000 - $2,900 = $1,100

6 0
3 years ago
Joe's Hardware is adding a new product line that will require an investment of $ 1,512,000. Managers estimate that this investme
Sati [7]

Answer:

6.05 years

Explanation:

Payback period is the time in which a project returns back the initial investment in the form of net cash flow. For this purpose we use the net cash flows to calculate the payback.

Payback working is attached with this answer please find it.

7 0
3 years ago
During the current month, a company that uses job order costing purchases $52,000 in raw materials for cash. It then uses $22,00
bulgar [2K]

Answer:

          Account Title                                                           Debit             Credit

           Raw materials inventory                                      $52,000

           Cash                                                                                            $52,000

         Account Title                                                           Debit             Credit

         Factory Supplies                                                 $22,000

         Raw materials                                                                             $22,000

        Account Title                                                           Debit             Credit

        Work in Process inventory                                  $20,100

        Raw materials                                                                              $20,100

3 0
3 years ago
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