Answer: $0 billion
Explanation:
Money spent for consumption is the difference between Disposable income and Savings.
Disposable income increase:
= 1,092 - 912
= $180 billion
Savings increased by $180 billion which is equal to the change in Disposable income.
Change in consumption = Change in disposable income - change in savings
= 180 - 180
= $0 billion
<span>Which of the following is an advantage of increasing your market share? </span>C. Building your reputation When you have a good product, quantity and value are set at a rate that is important to the consumer, they are more likely to purchase your product. When the product meets their expectations, this set a good foundation to build the company's reputation on.
Incomplete question. The remaining part reads;
<u>Identify the sales promotion technique based on the given scenario.</u>
Answer:
<u>Loyalty Points to Customers.</u>
Explanation:
An important sales promotion technique that fits well into this technique is the sales promotion technique. This technique involves providing some incentives that motivate your aggrieved customers to reconsider coming back to you.
For example, Tara could offer her customers loyalty points which they can redeem as discounts for every pair of the new style of lightweight running shoe. By so doing, she may be able to regain the trust of her customers.
Answer:
B. $24,000.
Explanation:
The computation of the depreciation per units under the units-of-production method is shown below:
= (Original cost - residual value) ÷ (estimated production units)
= ($180,000 - $20,000) ÷ (40,000 units)
= ($160,000) ÷ (40,000 units)
= $4 per unit
Now for the second year, it would be
= Production units in second year × depreciation per unit
= 6,000 units × $4
= $24,000
When the price rises from P1 to P2, consumer surplus decreases by an amount equal to B + C.
Consumer surplus, also known as buyers' surplus, refers to an economic measurement of consumer advantages that arises from market competition. It occurs when the actual price for a product or service that consumers are paying is less than the price, they are willing to pay. The changes in price affect the consumer surplus, as consumer surplus always increases as the price of a good or service decreases, and decreases as the price of a good or service increase. Visually, it is illustrated by economists as the area under the demand curve between the market price and what consumers would be willing to pay. In this case, that is represented by sum of B and C.
Note: The question is incomplete. It does not contain the figure (which is attached).
Learn more about Consumer surplus:
brainly.com/question/13573671
#SPJ4
