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ahrayia [7]
3 years ago
5

As consumers, we have to make decisions because ?

Business
1 answer:
Leno4ka [110]3 years ago
4 0

Answer: As consumers, we have to make decisions because our wants are <em><u>unlimited but our resources are limited</u></em>. Since you have two of the same choices, I am assuming there is a typo and this is the choice that should be there.

Explanation:

As a consumer, there is so much that can be bought but financially most people can't afford everything. When buying an item, it is up the consumer to determine if they can afford the item or go without it. Sometimes, we buy the item even though we can't afford it and then regret the purchase. To satisfy a persons wants, a budget must be in place to be able to save money to purchase items.

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The law of diminishing marginal utility says that as you consume more of something, the satisfaction that you get from each addi
Bingel [31]
Decreases.

An example of this is the food chain. Predators at the top of the food chain receive the least amount of energy due to the lack of raw energy.

Sun - Plant - Rabbit - Dog - Kyote
100% - 90% - 80% - 70% - 60%

Hopefully that was a good enough example.
5 0
3 years ago
Read 2 more answers
A company reports the following: Sales $6,750,000 Average total assets (excluding long-term investments) 2,500,000 Determine the
Vinvika [58]

Answer:

2.7

Explanation:

Calculation to Determine the asset turnover ratio

Using this formula

Asset Turnover = Sales/Average Total Assets

Let plug in the morning

Asset Turnover =$6,750,000/2,500,000

Asset Turnover =2.7

Therefore the asset turnover ratio is 2.7

6 0
2 years ago
A part of a business's message that distinguishes it from all its competitors
stepan [7]

Answer:

Unique selling proposition.

8 0
3 years ago
Read 2 more answers
Studdard Controls recently declared a quarterly dividend of $1.25 payable on Thursday, April 25, to holder of record of Friday,
elena-14-01-66 [18.8K]

Answer:

April 11th

Explanation:

the dividends will be paid to the owner of the share one day before the record.  This is defined asthe Ex-date ofthe dividends.

DISCLAMER

Assuming it refers to 2019 Apil 12th

the previous business day will be April 11th (we should liook into the calendar and avoid counting Friday and saturdays

for the year 2019 April 12th is a friday so it is okay to define it as April 11th

7 0
3 years ago
Peters, Chong, and Aaron are dissolving their partnership. Their partnership agreement allocates each partner an equal share of
il63 [147K]

Answer and Explanation:

The journal entry is shown below:

Peter ($174,000 - ($66,000 ÷ 2)) $141,000

Chong ($162,000 - ($66,000 ÷ 2)) $129,000

        To Cash $270,000

(Being the distribution should be recorded)

For this the capital accounts are debited as it reduced the stockholder equity and credited the cash as it also decreased the assets

4 0
3 years ago
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