1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kaheart [24]
3 years ago
15

Which statement about wants and needs is TRUE?

Business
1 answer:
valentina_108 [34]3 years ago
8 0

Answer:

The correct answer is letter "D": Wants and needs are what can lead to vastly different budgets among different people.

Explanation:

Needs represent what individuals cannot survive without. Wants are desires individuals have but are not necessary for their existence. People project their budgets based on their income and the needs and wants they would like to satisfy. <em>Thus, different people will have different budgets</em>. Most of the income is dedicated to needs usually but one single want can take a considerable percentage of an individual's income -buying a new high-end cell phone, for instance.

You might be interested in
Jack works for Red, Blue and Green CPAs. Each year Red, Blue and Green asks Jack to fill out a form indicating all of his financ
sasho [114]

Answer:

1.Immediate Family:

Spouse

Dependent Child

Dependent Parent

Spouse Equivalent

2.Close Relatives:

Sister

Brother

Father

Mother

Grand Father

Independent Child

3.Other Relatives and Friends:

Niece

Nephew

Cousin

Golf Partner

College Friend

Roommate

Explanation:

AICPA code of professional conduct are standards that are followed by CPA professionals.  It is important and necessary for CPA professionals to understand the rules and standard of professional guidance and abide by them. There are two major sections of Code of Professional Conduct:

1. Rules

2. Standards

Rules are enforceable and required to be followed. Standards are the guidance which helps to make decision in certain situations.

8 0
2 years ago
Matthew​ Liotine's Dream Store sells water beds and assorted supplies. His​ best-selling bed has an annual demand of 410 units.
never [62]

<u>Given:</u>

Annual demand = 410 units

Ordering cost = $41

Holding cost = $5 unit per year

<u>To find:</u>

Number of units to be ordered each time an order is placed

<u>Solution:</u>

On calculating the number of units,

\Rightarrow \sqrt{(\frac{2(390)(38)}{5})} \rightarrow\sqrt{\frac{780\times38}{5}}= 76.99

Therefore, to minimize the total cost, approximately 77 units should be ordered each time an order is placed.

5 0
3 years ago
According to the 2018 Value Line Investment Survey, the growth rate in dividends for Ralph Lauren for the next five years will b
pantera1 [17]

Answer:

Higher than 0.5%

Explanation:

Since the rate of return is calculated as dividend payment/stock price + dividend growth rate and since that growth rate for the next five years will be 0.5 %, than rate of return will be higher than 0.5 %.

4 0
3 years ago
All of the following components are commonly found in a rental housing agreements except
vladimir2022 [97]
The answer is C. Renters' insurance is an excellent idea for tenants. But the decision to purchase is up to the renters. There are many options for coverage levels and companies available. The landlord should have property insurance, but the renter should also have their own insurance to cover their belongings.
8 0
2 years ago
Read 2 more answers
The financial crisis of 2008 demonstrated the flaw in a bottom-up detailed approach to calculating risk. There are
Troyanec [42]

Answer:

B

Explanation:

8 0
3 years ago
Other questions:
  • Primo Corporation acquired 60 percent of Secondo Corporation’s voting common stock. On the date of acquisition, Primo had equipm
    12·1 answer
  • What forces have caused cost and management accounting systems designed decades ago to become less relevant and less valuable fo
    13·1 answer
  • If soybean farmers know that the demand for soybeans is inelastic, in order to increase their total revenues they should a. use
    5·1 answer
  • Producers use marketing intermediaries because they ________.
    5·1 answer
  • A nation practicing mercantilism aims to
    10·1 answer
  • wants to use the capital retention approach to determine how much life insurance to purchase. Robert would like to provide $35,0
    12·1 answer
  • Below is a list of prices for zero-coupon bonds of various maturities. Maturity (Years) Price of $1,000 Par Bond (Zero-Coupon) 1
    13·1 answer
  • Strong brand names: multiple choice 1 are easy to create. guarantee brand loyalty. guarantee product quality. act as a signal of
    15·1 answer
  • why is mutual fund investing a good idea for retirement, but not for your emergency fund or short-term savings?
    5·1 answer
  • Which form of bankruptcy allows a debtor with a regular income to extinguish his or her debts from future earnings or other prop
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!