1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
olga2289 [7]
3 years ago
12

To distinguish those combinations of goods and services that are affordable from those that are​ not, households need informatio

n​ on: A. household​ income, wealth, and product prices. B. household expectations about future​ income, wealth, and prices. C. household income and only the price of the good for which the choice is being made. D. household tastes and preferences.
Business
2 answers:
yulyashka [42]3 years ago
6 0

Answer:A - household​ income, wealth, and product prices.

Explanation:Every household has a need and those needs has a high degree of being met. For those needs to be met, every household needs to distinguish the combination of the type of goods and services that will satisfy there needs.

After distinguishing these needs, the total house hold income, the prices of the goods and services they need and how wealthy they are is very important for them to make a good decision.

The type of goods and services is now subject to how affordable they are and how the household income and wealth can sustain them. The prices of these goods and services will also be noted.

tester [92]3 years ago
3 0

Answer:

The answer is A, household income, wealth and product price.

Explanation:

This simply indicates that to be able to identify the combination of goods and services that are affordable from those that are not, the current household income should be considered, the wealth of the household which refers to the current amount of money in the household account and the price of the product.

You might be interested in
Bundles of cedar shakes produced and sold 360,000 Sales revenue $ 2,412,000 Variable manufacturing expense $ 1,170,000 Fixed man
konstantin123 [22]

Answer:

0.343

Explanation:

Calculation for what The company's contribution margin ratio is closest to

First step is to calculate the Contribution margin using this formula

Contribution margin = Sales – Variable expenses

Let plug in the formula

Contribution margin= $2,412,000 – ($1,170,000 + $414,000)

Contribution margin= $2,412,000 – $1,584,000

Contribution margin= $828,000

Now let calculate the Contribution margin ratio using this formula

Contribution margin ratio = Contribution margin ÷ Sales

Let plug in the formula

Contribution margin ratio = $828,000 ÷ $2,412,000

Contribution margin ratio =0.343

Therefore The company's contribution margin ratio is closest to 0.343

4 0
2 years ago
A service contract for a video projection system costs $90 a year. You expect to use the system for three years. Instead of buyi
xenn [34]

Answer:

$245.09

Explanation:

A service contract for a video projection system costs $90 a year. You expect to use the system for three years.

Instead of buying the service contract, the future value of these annual amounts after three years if you earn 5 percent on your savings will be:

PV  

Ordinary Annuity

​  =C×[  ((1−(1+i)  ^−n ) / i ]

where

n = number of years = 3

i = interest rate = 5%

Present Value of the annuity = 90 x [ ((1 - (1+0.05)^-3) / 0.05] = $245.09

3 0
3 years ago
Suppose nominal GDP in 2006 was $14460 billion. If the current year price index is 127. What was the real GDP for 2006 (in billi
Musya8 [376]

Answer:

$113.86 billion

Explanation:

Real GDP = nominal GDP/ price index

Real GDP =  $14460 billion / 127 = $113.86 billion

I hope my answer helps you

7 0
3 years ago
Which of the following choices is not an example of a common payroll deduction?
Zepler [3.9K]

Answer:

C

Explanation:

3 0
3 years ago
at what point described below will producer surplus most likely drop to zero for a firm? a.) when the firm is taking a significa
kherson [118]

(B) When revenue equals opportunity and variable cost, then the producer surplus most likely drops to zero for a firm.

<h3>What is revenue?</h3>
  • The total income derived from the sale of products or services pertaining to a business's core operations is referred to as revenue.
  • Because it appears at the top of the income statement, revenue, which is also known as gross sales, is frequently referred to as the "top line."
  • A company's overall earnings or profit are referred to as income or net income.
  • Although both revenue and profit are positive indicators for your company, they are not the same thing.
  • The producer surplus for a firm will probably reach zero when revenue equals opportunity costs and variable costs.

Therefore, (B) when revenue equals opportunity and variable cost, then the producer surplus most likely drops to zero for a firm.

Know more about revenue here:

brainly.com/question/16232387

#SPJ4

3 0
1 year ago
Other questions:
  • _____ advertising includes two-way promotional messages transmitted through communication channels that induce message recipient
    7·1 answer
  • Universities are typically organized by departments or colleges such as business, biology, engineering, political science, and s
    10·1 answer
  • On July 10, Boogie Footware agrees to a contract to sell 800 pair of flapper shoes for $16,000 to Twenties, Inc. On September 1,
    7·1 answer
  • Assume that Sample Company purchased factory equipment on January 1, 2016, for $60,000. The equipment has an estimated life of f
    11·1 answer
  • Even Better Products has come out with a new and improved product. As a result, the firm projects an ROE of 20%, and it will mai
    8·1 answer
  • When speaking online, you should look into the camera as if you were making eye contact with an audience that is right in front
    12·1 answer
  • The following income statement and information about changes in noncash current assets and current liabilities are reported. SON
    6·1 answer
  • if a start up business owner invests $25,000 cash and then borrows $15,000 from a bank, the owner's equity would be
    7·1 answer
  • Do interest rates matter for credit cards?
    14·1 answer
  • Workers compensation rating is developed by applying a rating bureau's job classification rate to what increment of payroll?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!