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4 years ago

ECONOMICS - What is the 'consumer's problem'?

Business

2 answers:

MrRissso [65]4 years ago

7 0

It is A. the difficulty in maximizing total utility with budget constraints

Anastasy [175]4 years ago

3 0

Answer:

The best answer is "A"

the difficulty in maximizing total utility with budget constraints

Explanation:

The major problem of consumers is that they want to attain a level of satisfaction from a particular goods or services when they knw that it is difficult to reach.

If the demand is more than the supply,the price will be higher therefore there will be less consumption.

The price a consumer is willing to pay for a good depends on the benefit derived by consuming the product and it decreases for each additional unit of consumption.

At the point where total utility is achieved in the goods and services bought, satisfaction received from consuming a given total quantity of that goods is reached.

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This is the trial balance of Blossom Company on September 30.

andre [41]

Answer:

1. Cash (Dr.) $1,470

Accounts receivable (Cr.) $1,470

2. Account Receivable (Dr.) $5,020

Revenue (Cr.) $5,020

3. Salaries Expense (Dr.) $1,380

Cash (Cr.) $1,380

4. Cash (Dr.) $560

Revenue (Cr.) $560

5. Accounts Payable (Dr.) $1,800

Cash (Cr.) $1,800

6. Dividend Paid (Dr.) $340

Cash (Cr.) $340

7. Utilities Expense (Dr.) $440

Cash (Cr.) $440

Explanation:

The Blossom company has incurred expenses and various transactions which are recorded in the journal ledger to form the trial balance of the company. These transaction are recorded according to the company's expense and then these expense are charged to their respective accounts.

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3 years ago

I NEED HELP ASAP! CORRECT ANSWER GETS BRAINLIEST

Rom4ik [11]

2. Safe and 3. Easy to buy

While savings bonds are tax exempt for state and local purposes, you will pay federal income tax when you redeem the savings bond (1. no taxes).
These savings bonds are safe because they are sums lent to the US government and protected and backed by their powers (2. safe). In addition, they are easy and convenient to buy because of the low minimums and the online purchase system on the Treasury website (3. easy to buy).

They are not matched deposits (4. matched deposits). While you may receive them as gifts, you cannot redeem these gifts for a number of years, making them non-fungible (5. Great as gifts). Finally, there is a myth that these are good for the United States government but really they are merely backed and protected by the United States government as a savings mechanism. Saving is good for the US economy but does not have a truly meaningful impact on the US government.

8 0

3 years ago

Read 2 more answers

The Sarbanes-Oxley Act requires the ____ to vouch for the truthfulness and fairness of a firm's financial disclosures. a. CEO b.

KatRina [158]

Answer:

The Serbanes-Oxley Act requires the Chief Executive Officer and the Chief's Financial Officer to vouch for the truthfulness and fairness of a firm's financial disclosures.

Explanation:

The CFO being in charge of the firm's financial affairs is saddled with such responsibility while the CEO being the one man at helms of affairs of the company is also responsible for the firm's financial probity,coupled with the fact the CFO may be required to report to the CEO depending on the structure of the firm.

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4 years ago

The management of McCord Corp. makes an announcement that the top three employees of the firm will be rewarded with expensive gi

Nadya [2.5K]

Answer: Expectancy Theory

Explanation: Expectancy theory formulates that a person will conduct oneself in a specific manner as he or she is motivated to choose a particular behavior over others because of what they regard the outcome of the behavior that is selected as likely to be.

Here, the management of McCloud Corp utilizes the expectancy theory to make the workers develop the quality of their work and put in extra effort to the work . However, this theory is aimed at giving rewards to workers who earned them and also chose to get rewarded as they are chosen by their performance. The inspiration for the behavior preference is deduced by how appealing the result is.

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4 years ago

Data were collected for a sample of 12 pharmacists to determine if years of experience and salary are related. A regression was

frutty [35]

Answer:

b. Reject the null hypothesis and we conclude that years of experience is significant in explaining pharmacists' salary

Explanation:

We are given p-value less than 0.001, which means p-value less than given level of significance or alpha value 0.05, so we reject the null hypothesis and conclude that years of experience is significant in explaining pharmacists’ salary.

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4 years ago