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3 years ago

Which of the following statements is true about goods and services?

1 answer:

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Goods and services are:

B. Together, they represent everything that can be bought or sold.

A is false because only goods can be touched and tangible.
C is false because there are times when goods and services are scarce.
D is false because both have economic value that is why goods and services are bought and paid for.

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Answer:

The correct answer is A. Running total.

Explanation:

The accumulated total can be expressed as a numerical value or a percentage. In Reporter reports, you can calculate a cumulative total for more than one category.

For example, you can create a report that shows the income for each of the last four quarters. The accumulated total will show the total income at the end of each quarter. If you add a cumulative total as a percentage of the total sold, you can see the percentage of year-round sales achieved at the end of the quarter.

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Answer:

Process asset updates.

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3 years ago

Which of the following statements is TRUE? Group of answer choices Dependent demand is directly related to the demand of other s

liubo4ka [24]

Answer:

A). Dependent demand is directly related to the demand of other stock-keeping units (SKUs) and can be calculated without needing to be forecasted.

Explanation:

The first statement asserts a true claim as it correctly states that 'dependent demand is promptly associated to the demand of further SKUs and therefore, it can be measured without requiring any prediction.' Dependent demand is characterized as a demand that is reliant on the other products' demand. This is why such demands are directly influenced by a rise or fall in the other products' demand and <u>this is the reason due to which dependent demand can be calculated easily without any prediction because it will observe a similar impact as its associated product would face</u>. Thus, <u>option A</u> is the correct answer.

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3 years ago

Suppose disposable income increases by $2,000 . As a result, consumption increases by $1,500 . Answer the questions based on thi

zlopas [31]

Answer:

The increase in savings resulting directly from this change in income is $500

The marginal propensity to save (MPS) is 0.25

Explanation:

In order to calculate The increase in savings resulting directly from this change in income we would have to make the following calculation:

increase in savings resulting directly from this change in income= increase in income - increase in consumption

increase in savings resulting directly from this change in income= $2,000 - $1,500

increase in savings resulting directly from this change in income=$500

The Marginal propensity to save = increase in savings/increase in income =

Marginal propensity to save = $500/$2.000

Marginal propensity to save =0.25

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3 years ago