Answer:
inventory
Explanation:
Every item that is produced or purchased by the business in order to resell it and earn profit through it as a normal purpose of business, is considered as inventory.
In the given instance, Shroden manufactures consumer goods, like cookies, batteries, etc:
And since he targets to sell them and earn profit, all these manufactured products is the inventory of his business.
Answer: The income effect
Explanation: The income effect refers to the effect on the purchasing power of the consumer when his or her income level changes.
In the given case, Natalie was price conscious and used to buy lower priced goods with the objective of saving money. When her income rises she starts buying expensive goods as her purchasing power increases with increase in income.
Hence from the above we can conclude that the correct option is A.
Answer:
$2,433
Explanation:
Net Income = Sales - Expenses
where,
Sales = $3,033
and
Expenses = $600
therefore,
Net Income = $3,033 - $600 = $2,433
The answer to your question is: "<span>Internal production"
hope this helped :)</span>
Answer:
B.stays with you for life.
