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3 years ago

Consumption occurs when income is exchanged for goods or services

Business

2 answers:

BabaBlast [244]3 years ago

8 0

Answer: the anwser is c

disposable income is spent on consumer goods and services.

Explanation:

Nonamiya [84]3 years ago

4 0

Answer:

The correct answer is when income is exchanged for goods or services.

Explanation:

When we earn income, a portion of it goes to savings, and the balance income is called the disposable income. This disposable income can be used in various ways. You can invest it in income generating assets such as stocks, real estate, or you can exchange that for goods and services which is called the consumption.

Generally, the rate of consumption grows when the income grows.

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Constructive stress. When stress produces results it is constructive.

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3 years ago

The company can choose to buy a back-up machine for Step C for an additional $20,000. The back up would also have a reliability

Goshia [24]

The complete question is:

A certain company produces 10,000 tables per year in a three-step process. The three steps in the process employ machines with the reliabilities listed here:

Step A - 0.987 Step B – 0.979 Step C – 0.915

Answer:

New reliability= 0.9593 ~ 0.959

Explanation:

Reliability is used in manufacturing process to ensure that a process produces the same level of output consistently. A process is reliable if it achieves the same results everytime.

Reliability can be applied to individuals, data, processes, and products.

In this instance we are to calculate the new reliability of the backup system.

Reliability of step C is 0.915

New reliability= 1 - (1- 0.915)^2

New reliability= 0.992775

Multiply this value by the reliability in step A and B to get system reliability

System reliability= 0.992775 * 0.987 * 0.979

System reliability= 0.9593

7 0

3 years ago

Record year-end adjusting entries (LO3-3) Below are transactions for Wolverine Company during 2021. On December 1, 2021, Wolveri

marysya [2.9K]

Answer: See explanation

Explanation:

1. Dr Deferred revenue 2,000

Cr. Rent revenue 2,000

2 Dr. Insurance expense 6,600

Cr. Prepaid insurance 6,600

3 Dr Salaries expense 3,000

Cr Salaries payable 3,000

4 Dr Interest expense 250

Cr Interest payable 250

5 Dr Supplies expense 3,900

Cr Supplies. 3900

N. B:

Rent revenue for December was calculated as:

= $4,000 x 1/2

= $2,000

Insurance expense for the current year was calculated as:

= $13,200 x 6/12

= $6,600

Interest expense:

= $15,000 x 10% x 2/12

= $15000 × 0.1 × 2/12

= $250

Supplies expense:

= $1,000 + $3,400 - $500

= $3,900

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3 years ago

What types of unemployment will still exist when the economy is at the natural rate of unemployment?

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Frictional, Structural, &
Cyclical
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3 years ago

Mars Inc., a San Diego–based advertising agency, offers various services, such as sales promotion, marketing research, package d

I am Lyosha [343]

Answer:

B. full-service agency.

Explanation:

Full service advertising agency has the ability to handle all marketing process of a company. Starting from the creation of the product until the product is received by customers.

One thing that differentiate full-service agency and normal advertising agency is their involvement in the production process. Normal advertising agency do not involved in the production process.

Full-Service agency on the other hand, involved from the planning, production, and the communication process with the public. They will ensure that the production look goods in term of aesthetic, making sure that the public perception toward the product is effective, and they will also provide customer service to establish positive relationship with the cusotmers.

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3 years ago