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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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If a store adds 50 chairs to its current inventory, the total number of chairs will be the same as three-halves the current inve
max2010maxim [7]
To answer this item, we let x be the current number of chairs. After adding 50 chairs to the current inventory, the total number of chairs would then be equal to x + 50. The equation that would allow us to determine the value of x is written below.

     x + 50 = (3/2)(x)

Simplifying the equation,
   x + 50 = 3x/2
  x - 3x/2 = -50
   -x/2 = -50

Dividing both sides of the equation by -1/2, the value of x is equal to 100. 

To increase the inventory by 40%, the equation would be,
    y = x(1.4) = 1.4(100) = 140

<em>ANSWER: 140 chairs</em>
8 0
3 years ago
Classify each resource used in production as land, labor, capital, or entrepeneurs.
sveticcg [70]

Answer:

1. Aunt Sandy's Jammin' Jellies (the business) - <u>Entrepreneurs </u>

Entrepreneurship refers to the process of bringing together the various other factors of production to be able to produce goods and services. Aunt Sandy's as a business is an entrepreneur as it brought together factors of production to make Jellies.

2. Anika, a server at Sonic Drive-In - <u>Labor</u>

Labor refers to the actual people who contribute to the business. Anika is a server at the Drive- In and so works there contributing to the success of the business so she is Labor.

3. Your favorite bartender - <u>Labor</u>

Like Anika above, your favorite bartender is also a person contributing to the success of the bar so is considered labor.

8 0
3 years ago
3. An airline company operates a plane between ATL and DC. This plane has 120 seats for economy class with two price tiers: low
Vitek1552 [10]

Answer: 20 seats

Explanation:

The optimal number of business travellers will be the mean of Poisson distribution i.e 20, since the number of business travellers follows Poisson distribution. Which means that the probability that there will be 20 business travellers will be higher than all other numbers.

Therefore 20 seats must be assigned to business travellers to maximize the revenue.

5 0
3 years ago
An employer interviews 150 qualified applicants, 100 white and 50 hispanic. if 25 whites are hired, what is the least number of
Tpy6a [65]
The answer is 10 Hispanics. :)
8 0
3 years ago
How is cost of attendance (COA) determined at an institute of higher education?
Ivahew [28]

Answer:

Option C, It is an estimate of tuition fees, room and board, books, supplies and other expenses.

Explanation:

Cost of attendance attendance is the total cos incurred on an individual during an entire academic year by the institute. An institute take into account cost incurred on the following for determining COA-

a)  tuition and fees

b) books and supplies

c) College infrastructure cost inclusive of room and board

d) transportation

e) scholarship etc.

Hence, option C is correct

8 0
3 years ago
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