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3 years ago

In 1 or 2 sentences, explain how consumers affect which goods and services are produced. WRITER

2 answers:

8 0

Answer;
Based on Supply and demand; If a more people want a commodity, it is in greater demand, thus the price will be higher, and if less people want a commodity, the price will be lower.
Explanation;
In a market the price is determined using the law of demand and supply in that particular market. Demand is the quantity of goods that consumers are willing and able to buy at a given price while supply is the quantity supplied by suppliers at a particular price.
If a more people want a commodity, it is in greater demand, thus the price will be higher, and if less people want a commodity, the price will be lower.

avanturin [10]3 years ago

6 0

If demand for a good or service is high,producers are more likely to produce it since their aim is making profits.In shorter words,refer to consumer sovereignty.

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Policymakers focus on marginal tax rates changes when making changes in the tax code because the marginal tax rate:_____

NeTakaya

Answer:

d. affects people's willingness to work save, and invest.

Explanation:

Marginal tax rate by definition is the rate of tax charged when an individual makes an additional dollar of income. If workers are charged higher tax rates , they are more likely to work less, to not look for higher paying jobs or not work at all than if they faced lower rates. A lower tax rate may be a good idea for policymakers but it could eliminate assistance given to poor families and individuals. Therefore each option has a tradeoff.

8 0

3 years ago

What are the five forms of Utility?

Reptile [31]

Answer:

form utility, time utility, place utility, and possession utility.

Hope it help and take care young lad

6 0

2 years ago

You purchased 200 shares of ABC stock on July 15th. On July 20th, you purchased another 100 shares and then on July 22st you pur

Mashutka [201]

Answer:

$330

Explanation:

The computation of the dividend income received as on July 31 is shown below:

where,

Total number of shares purchased is

= 100 shares + 200 shares

= 300 shares

And, the dividend per share is $1.10

So, the dividend income received is

= 300 shares × $1.10

= $330

We simply applied the above formula to determine the dividend income received

7 0

3 years ago

Assume that a one-year CD purchased for $1000 pays an APR of 10% that is compounded semi-annually. How much is in the account at

vfiekz [6]

Answer:

At the end of the first compounding period: $1,050.00

At the end of the second compounding period: $1,102.50

Explanation:

1. First period:

Investment: $1,000

APR = 10% = 0.1 compounded semi-annually.

Semi-annually compound interest: 0.1 / 2 = 0.05

Interest earned at the end of the first period: $1,000 × 0.05 = $50.00

Amount in the accoun at the end of the first period:

$1,000.00 + $50.00 = $1,050.00

2. Second period

Amount in the account beginning the second period: $1,050.00

Semi-annually compound interest: 0.1 / 2 = 0.05

Interest earned in the second period:

$1,050.00 × 0.05 = $50.00 = $52.50

Amount in the account at the end of the second period:

$1,050.00 + $52.50 = $1,102.50

6 0

3 years ago

The outstanding bonds of Winter Time Products provide a real rate of return of 3.00 percent. The current rate of inflation is 2.

Delicious77 [7]

Answer:

The nominal rate of return on these bonds is 5%

Explanation:

The Formula for the Real Rate of Return is

Real rate of return =Nominal interest rate - Inflation rate

So,

Nominal interest rate=Real rate of return+Inflation rate

Nominal interest rate=3%+2%

Nominal interest rate=5%

4 0

3 years ago