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Korvikt [17]
3 years ago
7

Which of the following correctly defines the consumer​ market? A. ​Manufacturers, resellers, and consumers B. Consumers and the

resellers who consumers buy their products from C. Consumers who spend more than​ $5000.00 yearly on goods and services D. Individuals and households that buy goods and services for personal consumption E. Consumers and the businesses that sell to them
Business
1 answer:
vovikov84 [41]3 years ago
5 0

Answer:

The correct answer is option D.

Explanation:

Consumer market can be defined as the market where consumers purchase goods and services for personal consumption and not for resale.  

The market is dominated by the products that are used by consumers.  

Every time a consumer is purchasing a good or service for personal consumption, he is participating in the consumer market.  

There are four types of consumer markets; food and beverages, retail, consumer products, and transportation.

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Culver Company has budgeted the following unit sales: 2022 2023 Quarter Units Quarter Units 1 108,000 1 94,000 2 63,000 3 73,000
kakasveta [241]

Answer:

Culver Company

Production Budget for 2022:

                                Quarter 1     Quarter 2   Quarter 3  Quarter 4    Total

Unit sales                   108,000      63,000        73,000     118,000    362,000

Ending inventory        12,600        14,600        23,600      18,800        18,800

Total units available 120,600       77,600        96,600    136,800    380,800

Beginning inventory   21,600       12,600         14,600     23,600       21,600

Production units        99,000      65,000        82,000     113,200    359,200

Explanation:

a) Data and Calculations:

 2022                   2023

Quarter Units    Quarter Units

1 108,000             1 94,000

2 63,000

3 73,000

4 118,000

                            Quarter 1     Quarter 2   Quarter 3  Quarter 4   Quarter 1

Unit sales                 108,000    63,000        73,000     118,000       94,000

Beginning inventory 21,600      12,600        14,600      23,600        18,800

Ending inventory      12,600      14,600        23,600      18,800

Production Budget for 2022:

                                Quarter 1     Quarter 2   Quarter 3  Quarter 4    Total

Unit sales                   108,000      63,000        73,000     118,000    362,000

Ending inventory        12,600        14,600        23,600      18,800        18,800

Total units available 120,600       77,600        96,600    136,800    380,800

Beginning inventory   21,600       12,600         14,600     23,600       21,600

Production units        99,000      65,000        82,000     113,200    359,200

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Answer:

C. Capital Loss

Explanation:

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But if the purchase price is greater than the sale price the difference is called Capital loss.

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