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2 years ago

Consumption occurs when income is exchanged for goods or services

Business

2 answers:

BabaBlast [244]2 years ago

8 0

Answer: the anwser is c

disposable income is spent on consumer goods and services.

Explanation:

Nonamiya [84]2 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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A business-level strategy is an integrated and coordinated set of commitments and actions designed to exploit core competencies

d1i1m1o1n [39]

Answer:

True

Explanation:

Business-level strategy focuses on how to satisfy customers, offer goods and services that meet up to their standard, and improve operating profits.

Business level strategies are actions carried out to give value to customers and also gain a competitive advantage by taking advantage of core competencies in specific, individual product or service markets.

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2 years ago

If the price of a product increases rev: 05_10_2018 Multiple Choice total revenue will definitely increase. consumer surplus wil

Gekata [30.6K]

Answer:

consumer surplus will decrease.

Explanation:

Consumer surplus is defined as the difference between the price customers are willing to pay for a product and what they actually pay.

On the demand and supply curve it is indicated by the shaded area between equillibrum and demand curve as illustrated in the attached diagram.

For example let's assume the price a customer was willing to pay for a product was $50 and market price was $30

Initial consumer surplus= 50- 30= $20

Assume bmarket price increase to $40

The new consumer surplus is= 50- 40

Present consumer surplus= $10

So a price increase causes a decrease in the consumer surplus.

6 0

2 years ago

The minimum amount required for a federal diversity suit is: a. There is no minimum amount if there is diversity. b. $10,000. c.

natulia [17]

Answer:

d. $75,000

Explanation:

Minimum Claim value to claim in the court for a federal diversity suit is $75,000. It is also called the amount in controversy. For example federal court diversity suit requires a minimum value of claim is $75,000. So, The minimum amount required for a federal diversity suit is $75,000 in the court.

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3 years ago

If the interest earned by a CD is compounded annually, which rule is most accurate when calculating how long it will take the mo

Gennadij [26K]

B.) Rule of 72; just had this question on Apex and was trying to find the answer but guessed since I couldn’t find it. Posting to save a life!

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2 years ago

Read 2 more answers

The cost to manufacture one unit of Killian Audio Products' best-selling hearing aid, the Zone, is $67.50. The CFO of the compan

ikadub [295]

Answer:

Economies of scale

Explanation:

Economies of scale refers to reducing total costs per unit by increasing total output. All companies have certain fixed costs, some companies have higher fixed costs than others, but they always exist. When you are producing something, the cost equation is production costs = variable costs per unit + average fixed costs per unit.

Variable costs vary directly with output, while fixed costs do not, e.g. salaries can be fixed, depreciation, rent, interests, etc. The higher the output, the lower the average fixed cost per unit.

Also, sometimes variable costs can also decrease as total output increases. E.g. you can get higher discounts for purchasing larger quantities of materials and supplies.

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3 years ago