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olasank [31]
3 years ago
8

Consumer products are a. products used in the production of other items. b. products an industrial buyer will make an effort to

seek out and buy. c. products purchased by the ultimate consumer. d. products that assist directly or indirectly in providing products for resale.
Business
1 answer:
Olegator [25]3 years ago
4 0

Answer:

the correct answer is c. products purchased by the ultimate consumer.

Explanation:

there are two types of goods, they are, consumer goods and industrial goods.

Consumer goods are the once that are purchased by the consumers for the purpose of consumption and not to produce anything from them.

While industrial goods are mainly bought by companies and producers to produce more goods.

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Keynesian theory is based on the concept that saving and consumption are influenced primarily by real current disposable income.
Sonbull [250]

Answer:

saving and consumption are influenced primarily by real current disposable income

Explanation:

keynesian economics is a known form of economics that is of demand-side in the sense that it encourages government action to increase and decrease demand and output.

Consumption is using ur money by spending it on new goods and services out of a household's current income.

While Saving is simply not eating up or the act of not consuming all of one's current income. Keynes argument was that the interest rate is not the most necessary factor in saving and consumption decisions. Rather, real saving and consumption decisions depend primarily on a household's real disposable income

4 0
2 years ago
Depreciation on the company's equipment for the year is computed to be $18,000. The prepaid insurance account had a $6,000 debit
scZoUnD [109]

                       Depreciation Expense............................$18000

                                To Accumulated Depreciation............................$18000

(Being depreciation expense accounted)

                     Insurance Expense................................$4900

                               To Prepaid Insurance...........................................$4900

(Being Insurance Expensed)

                         Supplies Expense..............................$3880

                                 To Supplies.......................................................$3880

(Being Supplies Consumed Expensed)

                     Unearned Service Revenue.......................$10000

                           To Service Revenue..................................................$10000

(Being Unearned Service Revenue Recognised)

                        Rent Expense...............................$5800

                                 To Prepaid Rent......................................$5800

(Being rent expired Expensed off)

                     Wages Expense..............................$3200

                              To Wages Payable....................................$3200

(Being Wages payable expensed).

3 0
3 years ago
The company expects an annual need for 5,000 switches. If the company makes the product, it will have to utilize factory space c
WITCHER [35]

Based on the cost to produce each unit of the switches and the annual demand, the total costs will be $25,900 more than the cost of purchasing the switches.

<h3>What is the cost of producing the switches?</h3>

This can be found as:

= Variable cost + set up costs + supervisor's salary + opportunity cost of lost rent

= ( (6 + 5 + 4) x 5,000 units) + 45,500 + 41,000 + (3,700 x 12 months)

= $205,900

If they bought the switches at $36, they would cost:

= 36 x 5,000

= $180,000

Its cheaper to buy by:

= 205,900 - 180,000

= $25,900

Find out more on total costs computation at brainly.com/question/5168855.

#SPJ1

7 0
2 years ago
Under the uniform capitalization rules applicable to taxpayers with property acquired for resale, which of the following costs s
pashok25 [27]

Answer:

The correct answer is A

Explanation:

As per the UNICAP (stands for Uniform Capitalization) rules, the person have to capitalize the cost for creating the assets, which means or defines as to capitalize the raw materials, labor cost and other indirect as well as direct costs that is attributable to the production of the assets.

So, the costs which is to be capitalized in respect to inventory are the repacking cost, which is involved in the indirect supplies and other materials and the off site storage cost is involves in the rental of the facilities and equipment.

6 0
2 years ago
Jenae's study ignored the fact that only some of her coffee choices had caffeine, even though her co-workers preferred caffeinat
ch4aika [34]

Answer:

Placebo effect

Explanation:

Placebo effect occurs when an individual starts to show positive response to an inactive substance after being told the substance has powers to cure.

The person's mind subconsciously helps him heal or perform better on the false belief that the substance is effective.

In the given scenario Jeanne labelled decaffeinated coffee as caffeinated coffee. On consumption her co-workers claimed that the extra boost of caffeine helped them focus on their work.

This is a placebo effect.

8 0
2 years ago
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