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enyata [817]
3 years ago
10

The main reason people save during their working years is: a. a preference toward matching income with spending over time. b. a

high time preference for the present. c. an expectation that they will die early. d. a preference for a smooth consumption path over time.
Business
2 answers:
FrozenT [24]3 years ago
6 0

Answer: The correct answer is "d. a preference toward a smooth consumption path over time.".

Explanation: The main reason people save during their working years is a preference toward a smooth consumption path over time since they prefer to consume what is just and necessary so that in the future, even if they are affected by different circumstances, they can continue to maintain the same standard of living and / or consumption.

Misha Larkins [42]3 years ago
4 0

Answer:

The correct answer is a. a preference toward matching income with spending over time.

Explanation:

The main reason people save during their working years is to spend it when their income are lower at the time of their retirement.

So,  from the given options the correct answer is  a. a preference toward matching income with spending over time.

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Sindrei [870]

Answer:

1. The firm does not have excess capacity.

Minimum transfer price on full capacity = Variable Cost + Contribution to be Lost

Minimum transfer price on full capacity = $360 + ($600 - $360)

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5 0
3 years ago
Coastal Shores Inc. (CSI) was destroyed by Hurricane Fred on August 5, 2021. At January 1, CSI reported an inventory of $184,000
lana [24]

Answer:

$84,250

Explanation:

The computation of the estimated inventory loss is shown below:

= Opening Inventory + Purchases - Cost of Sales

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7 0
3 years ago
George offers to sell his car to Suzy for $10,000 on the coming Sunday, to which Suzy agrees. They write down the details on a p
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Answer:

Promissory Estoppel

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