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Amiraneli [1.4K]
3 years ago
12

If consumers increase their purchase of goods and services then a likely outcome for our economy is

Business
2 answers:
11111nata11111 [884]3 years ago
3 0
The correct answer is inflation. The more consumers spend on products and services, the higher the prices for these products and services will rise, leading to inflation. This will especially occur if the customer demand becomes greater than the supply, because then the goods and services will be even more difficult to attain, thus making them more valuable.
Yuri [45]3 years ago
3 0

Explanation:

There could be two possible outcomes if consumers increase their purchase of goods and in the economy. One is the economic growth due to the increased economic activities. Second one is the inflation. When the flow of the currency in a country increases in the economy, inflation occurs. Inflation is the increase in the prices of goods and services. Extra flow of cash in the economy also causes inflation. Due to inflation, the prices of goods and services increase.

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Dividing a diverse market into groups of customers who share similar traits or characteristics is the process known as:
victus00 [196]

Answer:

Market segmentation

Explanation:

Market segmentation is the process of dividing a market of potential customers into groups, or segments, based on different characteristics. The segments created are composed of consumers who will respond similarly to marketing strategies and who share traits such as similar interests, needs, or locations. A market segment is a group of people who share one or more common characteristics, lumped together for marketing purposes.

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3 years ago
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Read 2 more answers
Jones Manufacturing sells a part to Lear Corporation.Lear puts this part into a radio,which Lear then sells to Ford.From Ford's
AleksandrR [38]

Answer:

d)Tier 2

Explanation:

from the question we are informed about jones Manufacturing sells a part to Lear Corporation.Lear puts this part into a radio,which Lear then sells to Ford.From Ford's point of view, in this case Jones Manufacturing is tier 2. Tier 2 capital can be regarded as second layer of capital which serve as a required reserves of a bankIt contains revaluation reserves as well as hybrid capital instruments

3 0
2 years ago
Ricardo paid an annual premium of $1,200 in total liability coverage for his car, including up to $200,000 in bodily injury cove
Umnica [9.8K]

Answer:

No, the cost of the annual premium for 10 years was less than the accident claims

Explanation:

Since in the question it is mentioned that the annual premium is $1,200, $200,000 is the bodily injury coverage and $100,000 should be the property damage coverage

Also the $40,000 and $20,000 represent the medical cost and the car damage

So here the cost should not outweight the benefit of the transferring the risk as the annual premium cost for ten years should be lower than the accident claims

3 0
3 years ago
Darcy Roofing is faced with a decision. The company relies very heavily on the use of its 60-foot extension lift for work on lar
marishachu [46]

Answer:

Darcy should replace the lift

Explanation:

Scenario 1: Darcy Roofing keeps the old lift

refurbishing costs ($31,000)

no other changes in revenues or costs*

net cash flow = ($31,000)

*The $67,200 spent repairing the lift the previous year are considered sunk costs because they cannot be recovered regardless of what decision the company makes.

Scenario 2: Darcy Roofing purchases a newer lift

cost of newer lift ($132,500)

salvage value of old lift $19,500

reduced costs per year x 6 years = $22,400 x 6 = $134,400

additional rental income x 6 years = $8,000 x 6 = $48,000

net cash flow = $69,400**

**Since we are not given any discount rate, we cannot discount the cash flows to determine the present value of the project. With a discount rate of 0, the NPV of purchasing the lift is much higher than the alternative of keeping the old lift.

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2 years ago
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