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3 years ago

In a certain economy, the components of planned spending are given by:

Business

1 answer:

viktelen [127]3 years ago

4 0

Answer:

B) 790-700r

Explanation:

Aggregate Expenditure is the expenditure by all the sectors of economy. By Households = Consumption (C), By Firms = Investment (I), By government = Govt spending (G) & tax leakages (T), By Rest world = Next Exports (NX).

Autonomous Expenditure is the level of expenditure in economy, which doesn't depend on level of Income = Y.

AE = C + I + G + NX

[500 + 0.8 (Y-150) - 300r] + [200 - 400r] + 200 + 10

500 + 0.8Y - 120 - 300r + 200 - 400r + 210

500 - 120 + 200 + 210 - 300r - 400r + 0.8y

790 - 700r + 0.8y

As, it can be seen that the part of AE = '790 - 700r', excluding '0.8y' : is not dependent on Income Y. So, it is Autonomous Expenditure

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g Our company purchases $4,000 worth of merchandise inventory on credit with the terms 2/10, n/30. Transportation costs were an

irinina [24]

Answer: $3,826

Explanation:

Discount received on terms 2/10 = (Purchase value – Cost of merchandise returned) x Discount Rate

= $4,000 - $300 x 2%

= $3,700 x 2%

= $74

if the company paid the invoice within the discount period, Then the total cost of this merchandise

Total cost of merchandise = Value of merchandise purchased– Cost of merchandise returned + Transportation Costs - Amount of discount received

= $4,000 - $300 + $200 - $74

= $3,826

5 0

3 years ago

Which of the following would be included in the management function of planning?

SashulF [63]

Answer:

The answer should be the last part of the B option .- Selecting the course of action most likely to lead to success.

Explanation:

The four basic functions of management are:

planning
organizing
leading
controlling

Planning is the most basic and fundamental activity of management. Management starts by planning ahead what is your vision of the organization and how it should be structured. When you plan you prepare yourself in advance for the future.

7 0

3 years ago

What is a common association detection analysis technique where you analyze certain items to detect customers' buying behavior a

adelina 88 [10]

Answer:

Regression analysis

Explanation:

Regression Analysis involves looking at past behavior to predict future behavior. By looking for predictors within past data, it can be determined how well those factors can predict a future outcome.

5 0

3 years ago

Gridiron Merchandising anticipated selling 30,000 units of a major product and paying sales commissions of $8 per unit. Actual s

madam [21]

Answer:

C. $13,100U.

Explanation:

The cost variance is given by the difference between the actual cost of commissions and the projected cost of commissions of 30,000 units at $8 each:

$V = \$253,100-(\$8*30,000)\\V=\$ 13,100\ U$

Since the actual cost is higher than the anticipated cost, the balance is unfavorable.

Gridiron would report a cost variance of: C. $13,100U.

8 0

3 years ago

Which of the following combinations should be avoided? a. high price and high quality b. low price and low quality c. heavy prom

NNADVOKAT [17]

Answer: heavy promotion and low (exclusive) availability

Explanation:

The wrong combination is high promotion and low availability, because when a product is highly promoted it would lead to high interest in that product from the consumers, this would lead to a high demand for that product from customers. And this high demand needs to be met with high supply, which is not the case here, therefore scarcity would set in.

4 0

3 years ago