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4 years ago

The permanent income hypothesis suggests that consumer:

Business

1 answer:

zimovet [89]4 years ago

5 0

Answer: d. spending depends on income people expect over the long term, rather than on current income.

Explanation:

The permanent income hypothesis states that people will spend money at a level equal to their permanent income which is their expected long-term average income.

The consumption function states that consumption is equal to autonomous consumption and consumption is dependent on disposable income.

The savings function shows the relationship between savings and income.

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Sending the product out to test families is a form of rev: 01_09_2015_QC_CS-37293 Multiple Choice idea generation. market testin

Pavlova-9 [17]

Answer: Market testing

Explanation:

Market Testing a very important part of the product development and marketing process. It helps a company find out what its potential market thinks of a certain product before it is released in full so that a company will know whether to release it in full or tweak some aspects that are problematic.

Market testing therefore involves sending samples of the new product to various types of customers who are potentials to enable them assess the product. Th product might be garnered towards serving families so it was sent to families as a form of market testing.

5 0

3 years ago

In 2002, the U.S. Fish and Wildlife Service proposed banning imports of beluga caviar to protect the beluga sturgeon in the Cas

marin [14]

Answer:

Assuming the policy is effective the US exits of the beluga caviar market will make the prices and quantities decrease by a huge margin.

Also, we should consider that people will try to fullfil the demand of the beluga caviar thus, other types prices and quantities will increase. Also, there is the posibilities for a black market of beluga caviar or arbitrage is created (importing frozzen dished made with the beluga caviar) to walk-by the government regulation which will put the price way above the current price as it is illegal.

Explanation:

7 0

3 years ago

Which of the following best describes how to use a test-retest reliability estimate to assess reliability?

Inessa [10]

Answer:

Explanation:

Based on the scenario being described within the question it can be said that the in order to test positively in reliability a test needs to provide the same output no matter how many times the same input is introduced. Therefore the best way to assess the reliability would be to administer the same test to different people at two different points in time and compare their test scores at time 2 with the scores at time 1

6 0

3 years ago

Ming Chen began a professional practice on June 1 and plans to prepare financial statements at the end of each month. During Jun

Leya [2.2K]

Answer:

The accounting equation holds as follows:

Asset = Liabilities + Equity = $80,000

Explanation:

Note: See the attached excel file for the analysis of the Effect of June Transactions on the Accounting Equation

From the last balances in the attached excel file, we have:

Assets = Cash + Receivable + Equipment = $41,000 + $8,000 + $31,000 = $80,000

Liabilities = Payable = $0

Equity = M. Chen, Capital - M. Chen, Withdrawals + Revenue - Expenses = $75,000 - $1,000 + $10,500 - $4,500 = $80,000

Liabilities + Equity = $0 + $80,000 = $80,000

Therefore, the accounting equation holds as follows:

Asset = Liabilities + Equity = $80,000

Download xlsx

4 0

3 years ago

When should you write the introduction and overview portion of your business plan?

Svetlanka [38]

Typically, a business plan would follow the same format as a thesis or a research paper. You will start with the introduction, the body, and the conclusion, then fill them up with subheadings. So the introduction and overview portion of your business plan will be written before anything else. The introduction or overview of a business plan is usually the industry overview or the background. This will give an idea first of the industry that you want to enter and how your business fits in.

6 0

4 years ago