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tresset_1 [31]
4 years ago
15

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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Amarillo Company experienced the following events during its first accounting period. (1) Purchased $5,000 of inventory on accou
Alik [6]

Answer:

$4,000

Explanation:

The computation of the cash to be required to settle the liability is shown below:

= Purchase value of inventory - returned inventory which was purchased

= $5,000 - $1,000

= $4,000

It is a net purchase plus it is the cash required to settle the liability

There is no discount applied in the question as dates are not given so we ignored it.

4 0
4 years ago
Pun Corporation concluded the fair value of Slender Company was $60,000 and paid that amount to acquire its net assets. Slender
Lady_Fox [76]

Answer:

Investment on Slender    51,000

Goodwill                             9,000

fees expense                     4,000

            Cash                                  64,000

Explanation:

fair value of Slender:

71,000 - 20,000 = 51,000

purchase price      60,000

goodwil                   9,000

finder's fees           4,000

It will recognize the goodwill for Slender

it will pay the finder's and recognize them as expense

The total cash will be 60,000 to aquire Slender and the 4,000 finder's expense

3 0
3 years ago
ZNet co. is a web based retail company. The company reports the following for the past year. The company's CEO believes that sal
BARSIC [14]

Answer:

1. 17%

2. 42.5%

3. $2,748,900

4. 44%

Explanation:

1. Return on Investment for 2017

= \frac{Operating Income}{Average Invested Assets}

= \frac{2,499,000}{14,700,000}

= 17%

2. Profit Margin 2017

= \frac{Operating Income}{Sales}

= \frac{2,499,000}{5,880,000}

= 42.50%

3. Should the sales increase by 10% in 2018 then the new sales figure will be;

= $5,880,000 + ($5,880,000 *10%)

= $6,468,000

Profit = Sales * Profit Margin

= 6,468,000 * 42.5%

= $2,748,900

Return on Investment for 2018

= \frac{Operating Income}{Average Invested Assets}

= \frac{2,748,900}{14,700,000}

= 18.7%

4. Investment turnover equal for 2018

= \frac{ Sales}{Average Invested Assets}

= \frac{6,468,000}{14,700,000}

= 44%

5 0
3 years ago
why is accurate "self-classification" of items and equipment involved in a research activity, crucial to export compliance?
vovikov84 [41]

Self-classification allows me to determine if the items or technologies involved in my research are listed on either the USML or CCL, and I cannot comply with export controls until I determined which requirements apply to the research activity.

<h3>What is Technology?</h3>
  • Technology is the end result of accumulated knowledge and application of techniques, approaches, and procedures utilized in manufacturing and academic research.
  • With or without in-depth knowledge of their function, technology is ingrained in the operation of all machinery and electronic gadgets for an organization's intended purpose.
  • System-based technologies make up society's technologies.
  • When a system is in operation, it takes an input, modifies it through a known process, and then generates an output that serves the system's intended function.
<h3>What role does technology play?</h3>
  • Information technology is crucial in our lives because it makes dealing with the unpredictable aspects of daily life easier.
  • Technology provides a variety of methods to promote development and information exchange.
  • IT aims to accomplish both of these objectives in order to simplify tasks and find solutions to numerous issues.

Learn more about technology here:

brainly.com/question/9171028

#SPJ4

6 0
1 year ago
Identify the correct era of the various developments described below.
aleksley [76]

Answer:

1. Pre-industrial

  • First ad in English
  • Symbols and words

Pre-industrial advertising involved the first ads in English as well as extensive use of symbols and words as there was no multimedia to use voice.

2. Industrial

  • Unique selling proposition

3. Global Interactive

  • DVRs and narrowcasting

The current era. Marketing and advertising have moved on to target smaller groups with more relevant information for them. This is narrowcasting.

4. Industrializing

  • Marketing by wholesalers

With the rise in technology, more goods were made but advertising was still at early stages. This led to wholesalers doing their own advertising.

5. Postindustrial

  • Demarketing starts

The era before the current one. Advertisers started learning to influence audiences more and demarketing came along. This is advertising aimed at making consumers buy less of a product. It is usually done when products are in short supply.

7 0
3 years ago
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