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Jet001 [13]
3 years ago
12

Consumers use products to buy goods and see. Producers use money

Business
2 answers:
pav-90 [236]3 years ago
8 0

Explanation:

Here are two concepts, one is of consumers and other is of producers. Producers are the ones who manufacture products or provide services. Producers put their money and efforts and time, to make the product or to provide the service. Then this product or service is used by the consumers. Consumers are the people who uses the products or services provided by the producers. Consumers pay money to buy the product or services. This money that the consumers pay is more than the amount of money producers put in making that unit of product. So they enjoy the excess money as the profit of putting their efforts and time. This is called business.

zmey [24]3 years ago
3 0
Consumers buy products from the producers because they produced it. if that is the question that you are asking. 
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4 0
2 years ago
Natalie owns a condominium near Cocoa Beach in Florida. This year, she incurs the following expenses in connection with her cond
kumpel [21]

Answer and Explanation:

Natalie's Gross Income = $10,000

75 + 35 = 110 days

Expenses:

Insurance Expense (75/110) x 1000                 682

Advertising Expense                                        500

Mortgage Interest (75/110) x 3500                  2386

Property Taxes (75/110) x 900                         614

Repairs and Maintenance (75/110) x 650        443

Utilities    (75/110) x 950                                   648

Depreciation (75/110) x 8500                          5795

Until the depreciation expenses the total expenses accumulate to  5273. If we deduct that with the gross income total we get 4727. We can only deduct 4727 from the total portion of 5795 depreciation expense.

Therefore, for AGI deductions we take total of (5273 + 4727) = $10,000

For Natalie's personal deduction of AGI

Mortgage interest (35/110) x 3500                    1114

Property taxes (35/110) x 900                            286

Total personal deduction for AGI                    $1400

4 0
3 years ago
A _____ plan gives all employees a minimum level of benefits and a set amount to spend on flexible benefits, such as additional
Katarina [22]

Answer:

Cafeteria Plan

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5 0
2 years ago
Two isolated nations, Alphaland and Betaton, are considering opening their borders to trade with each other. Both nations consum
Artist 52 [7]

Answer:

5 tons of salt for 1 ton of pepper

10 tons of salt for 1 ton of pepper

Explanation:

Alphaland's opportunity cost of producing one ton of pepper = 80 ÷ 5

                                                                            = 16 tons of salt

Betaton's opportunity cost of producing one ton of pepper = 3 ÷ 1

                                                                            = 3 tons of salt

Alphaland's opportunity cost of producing one ton of salt = 5 ÷ 80

                                                                            = 0.0625 tons of pepper

Betaton's opportunity cost of producing one ton of salt = 1 ÷ 3

                                                                            = 0.3333 tons of pepper

Therefore, Betaton has a comparative advantage in producing pepper because it has the lower opportunity cost of producing pepper as compared to Alphaland. On the other hand, Alphaland has a comparative advantage in producing salt because it has the lower opportunity cost of producing salt as compared to Betaton.

Hence, Betaton is specialized in the production of pepper and Alphaland is specialized in the production of salt.

Trade is beneficial for both the nations when Alphaland buys pepper at a price lower than the 16 tons of salt and Betaton sells pepper at a price greater than 3 tons of salt.

Trade ratios:

5 tons of salt for 1 ton of pepper

10 tons of salt for 1 ton of pepper

7 0
3 years ago
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