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2 years ago

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

Business

2 answers:

pav-90 [236]2 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]2 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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2 years ago

____________ looks at the behavior of individual people and organizations in specific markets.

mezya [45]

Answer: Microeconomics

Explanation:

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2 years ago

Which one would be correct I’m to lazy to think :)

Levart [38]

I think it’s the second one letter B

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2 years ago

Suppose you inherited $275,000 and invested it at 8.25% per year. How much could you withdraw at the end of each of the next 20

navik [9.2K]

Answer:

withdraw amount = 28532.45

so correct option is a. $28,532

Explanation:

given data

present amount = $275,000 bonus

interest rate = 8.25% per year = 0.0825

time period = 20 year

solution

first we get here Cumulative discount factor that is

Cumulative discount factor = $\frac{(1-(1+r)^{-t}}{r}$ .........................1

here r is rate and t is time period

put here value and we will get

Cumulative discount factor = $\frac{(1-(1+0.0825)^{-20}}{0.0825}$

solve it we get

Cumulative discount factor = 9.638148

and now we get so here withdraw amount at the end of each of the next 20 years that is

withdraw amount = Present amount ÷ cumulative discount factor ............2

put here value

withdraw amount = $\frac{275000}{9.638148}$

solve it we get

withdraw amount = 28532.45

so correct option is a. $28,532

8 0

2 years ago