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kap26 [50]
3 years ago
8

Explain the relationship between consumer expectations and economic performance

Business
2 answers:
Pachacha [2.7K]3 years ago
8 0
If a consumer believes that the price of the good will be higher in the future he is more likely to purchase the good now. If the consumer expects that her income will be higher in the future the consumer may buy the good now. In other words positive expectations about future income may encourage present consumption.
ki77a [65]3 years ago
5 0

The relationship between consumer expectations and economic performance can be explained easily.The expectations of changes in income can lead to a reduction in confidence and as a result there is a fall in spending of income. An improvement in consumer expectations about the health of the economy will increase confidence and planned spending.Similarly, If a consumer believes that the price of the good will be higher in the future he is more likely to purchase the good now.

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Costs that can be easily and conveniently traced to a specific product are called ______ costs.
vaieri [72.5K]

Answer:

A direct cost

Explanation:

7 0
3 years ago
3. (1 point) Suppose a firm faces potential demand from two customer bases, H and L, with high and low valuation of the firm’s p
MariettaO [177]

Answer: A. increases with the number of H consumers.

Explanation: If all type H customers are currently purchasing the product, it means that its customer base is large and significant enough and as such the firm would prefer to sell all of its product to H, and also do to the fact that there is only so much supply that a firm can provide. But, fewer quantities of goods would remain for L if more and more goods are sold to H. Due to this lower quantity supplied to the L customer base, it then means that the firm can set the price higher for L. This is because at a higher price, quantity demanded reduces (which is expected for L) and it can therefore maintain supply to H which has more customers.

7 0
4 years ago
The process of continuously updating, improving, and detailing a project management plan, or parts of a project management plan,
Zina [86]

Answer:

progressive elaboration

Explanation:

progressive elaboration is an important part or step of project management plan, it is the process of continously updating, improving and detailing a project management plan, or part of it as new specific information becomes available. it is use to improve the project management plan

3 0
3 years ago
What type of graphic illustrates changes in data over time?
Leviafan [203]
It is the Bar chart. Bar charts are helpful for looking at related things, delineating changes in information after some time, and demonstrating portions as a major aspect of an entirety. A reference chart indicates correlations among discrete classes. One hub of the outline demonstrates the particular classifications being analyzed, and alternate pivot speaks to a deliberate esteem. Some visual charts exhibit bars bunched in gatherings of more than one, demonstrating the estimations of more than one quantified variable.
4 0
3 years ago
The following accounts and their balances appear in the ledger of Goodale Properties Inc. on June 30 of the current year: Common
BlackZzzverrR [31]

Answer:

Total stockholders' equity $ 594,435

Explanation:

Goodale Properties Inc.

Stockholders' Equity

June 30

Common stock at $15 par $219,000

Paid in capital in excess of par-Common stock $17,520

Paid in capital from sale of treasury stock$9,500

Total paid in capital $246,020

Add: Retained earnings $362,000

Total $608,020

Less: Treasury stock $ 13,585

Total stockholders' equity $ 594,435

8 0
3 years ago
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