All categories

3 years ago

Suppose you were the head of a household how would you plan your spending for your family needs if you

1 answer:

4 0

If you were the head of a household you would have to plan your savings such as things that are nescacery so in that's case think food clothes light bill savings and waterbill so this case how are u going to save money and divide it equaly

You might be interested in

The master budgeting process typically begins with the sales budget and ends with a cash budget and:

Serhud [2]

Answer:

Budgeted financial statements

Explanation:

4 0

3 years ago

You are the IT director at Attaway Airlines, a small regional air carrier. You chair the company's systems review committee, and

Masja [62]

<u>Explanation:</u>

Been the IT director at Attaway Airlines, it will be important to prepare a draft of the advantages and the level of difficulties the new computerized reservation system from an IT perspective.

However, the ultimate goal is not to simply win arguments, but to explain and consider the facts from both the Vice president of finance and the Marketing Manager.

4 0

3 years ago

The longdashrun supply curve in a perfectly competitive market states that _____. A. the longdashrun quantity remains the same

Leokris [45]

Answer: Option C

Explanation: Perfect competition refers to a market structure under which there are large number of buyers and sellers each operating at a small level.

In such a market structure the supply curve is a horizontal line that depicts that whatever the quantity is the price will remain the same, that is, at the equilibrium level.

This happens due to the fact that there are large of number of participants present and no individual have the power to affect the price.

Thus, the correct option is C.

5 0

3 years ago

"Experience goods" are those which: a. Have performance attributes that are difficult to ascertain at the moment of purchase b.

jek_recluse [69]

Answer:

a. have performance attributes that are difficult to ascertain at the moment of purchase

Explanation:

In case of an experience good, it is difficult to make predictions regarding its price and quality.

The reputation of a seller and word of mouth are the important things that customers can use to make decisions regarding purchasing of the product.

Experience goods are those which have performance attributes that are difficult to ascertain at the moment of purchase

7 0

3 years ago

If a $100 drop in the price of a $10,000 car resulted in an increase in the quantity of cars purchased from 100 to 110 and a $10

nordsb [41]

Answer:

Price elasticity of demand is greater for the Car

Explanation:

Price elasticity of Demand = (Q2 - Q1/Q1) ÷ (P2 - P1/P1)

For the car,

PED = (110 - 100/100) ÷ (10000-9900/10000)

= 0.1 ÷ 0.01

= 10

PED = (110 - 100/100) ÷ (1000-900/1000)

= 0.1 ÷ 0.1

= 1

Since 10 > 1, hence the PED of the Car is greater than that of vacation homes.

5 0

3 years ago