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Leni [432]
3 years ago
12

If we accept "consumer satisfaction" as the objective of our macro-marketing system, this means that: consumer educators should

choose what products should be produced. "home economists" will be the best judges of what should be produced. each consumer should decide how best to satisfy his or her own wants. not every consumer should be allowed to decide his or her own wants. government planners should choose the kinds of products to be produced.
Business
1 answer:
Ad libitum [116K]3 years ago
5 0
If we accept "consumer satisfaction" as the objective of our MACRO-marketing system, this means that <span>each consumer should decide how best to satisfy his or her own wants. In marketing, there are 4 Ps which are product, price, plan and promotion. Regarding MACRO-marketing, this is the study on how marketing (the 4 Ps) impacts our economy and society. Since each consumer can decide what is best for them, experts then see what each consumer desires and tries to make items appeal to them. </span>
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In October of the current year, Jasmine received a $15,520 payment from a client for 32 months of rent. The rental period begins
serg [7]

Answer:

Jasmine recognize $1,940 this year if she uses the accrual method of accounting.

Explanation:

The Accrual or Matching Concept in accounting requires revenues and expenses to be recorded in the period i which they occur or incur.

The entry to record the receipt of payment is :

Cash $15,520 (debit)

Unearned Rental Income $15,520 (credit)

By the end of the year on 31 December, 4 months rent income starting September will have been earned and entries are as follows :

Unearned Rental Income $1,940 (debit)

Rental Income $1,940 (credit)

Rental Income calculation = $15,520 × 4 / 32

                                           = $1,940

5 0
3 years ago
The unemployment rate in an economy is 6 percent. The total population of the economy is 290 million, and the size of the civili
Natali [406]

Answer:

The answer is B.

Explanation:

Unemployed people are those who are out of work and who are actively looking for a job. They are also those citizens they are willing to work but cannot find.

The unemployment rate is 6 percent.

So, The number of unemployed workers in this economy is 9 million (6 percent of 150 million civilian labour force)

We cannot use the total population because out of it, we have young citizen and old ones who are not searching for or willing to work.

4 0
3 years ago
In a fractional-reserve banking system with no excess reserves and no currency holdings, if the central bank buys $100 million w
NARA [144]

Answer:

c. reserves increase by $100 million and the money supply increases by more than $100 million

Explanation:

Based on the information given in a situation where a FRACTIONAL-RESERVE BANKING SYSTEM has no availability of EXCESS RESERVES and no CURRENCY HOLDINGS, which means that if the central bank buys BONDS that worth $100 million, the RESERVES will tend to INCREASE by the amount of $100 million while the MONEY SUPPLY on the other hand will INCREASES by more than $100 million.

4 0
3 years ago
Briefly explain 3 arguments for and 3 against a national minimum wage.​
serious [3.7K]

FOR:

  • increased income for workers
  • more workers attracted to the workforce
  • less strain on federal resources for those in poverty

Against

  • more costly for businesses
  • possible unemployment due to job automation
  • higher prices for consumers.

Here are some basic arguments. You will need to explain these a bit more for your assignment though.

7 0
3 years ago
The Miller family owns and operates an interior decorating business. Henry installs hardwood floors and chair rails; Chloe reuph
oksian1 [2.3K]

Answer:

A. specialization.

Explanation:

Specialization refers to dividing the job in different tasks and assigning a person to perform each one which makes that each person becomes an expert in the specific area. This could help to increase productivity, especially in manufacturing. This is the process the Miller family uses because they have divided the tasks and assigned each of them to a person.

4 0
3 years ago
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