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skad [1K]
4 years ago
14

Who are the two key players in a circular flow model? :

Business
1 answer:
Inessa [10]4 years ago
8 0
The answer is C households and business
You might be interested in
A marketing channel ____ (A) emphasises benefits of a product to consumers.(B) makes possible the flow of products and services
svetoff [14.1K]

Answer:

Correct statement is (B)

Explanation:

Marketing channel is the combination of all the people who are responsible for delivery or reach of the product from producer to the last consumer.

Thus, it is a chain from producer to wholesaler to retailer and then to consumer.

Marketing channel makes sure about the market present for the next level. That is for producers it provides wholesalers, for wholesalers it provides retailers and to retailers it provides consumers.

Thus, statement (B) is correct.

4 0
4 years ago
Robert is considering buying lunch and a new car. What is one factor he should consider about the car that is unnecessary to con
KATRIN_1 [288]

Answer:

Maintenance Cost

Explanation:

Once you purchase a lunch and consume it there is no cost related to maintenance of the lunch.

8 0
3 years ago
The consumer price index (CPI) is calculated a. using a fixed basket of goods and, therefore, will tend to understate inflation.
jasenka [17]

Answer: b. using a fixed basket of goods and, therefore, will tend to overstate inflation.

Explanation:

CPI uses a fixed basket of goods each year and measure inflation by monitoring the changes in this basket over several years/ periods.

This has the tendency to overstate inflation however, due to three(3) main reasons: Substitution bias, Quality bias and New product bias.

With substitution bias, the CPI does not take into account that when products increase in price, people will substitute them for lower priced goods. Quality bias means that CPI does not account for change in quality. New Product bias means that CPI does not account for new and better products as it uses a fixed basket.

Put together these three can cause CPI to overstate inflation by as much as 1% sometimes.

7 0
3 years ago
Why is it important to consider how you will spend your retirement when planning for retirement?
hjlf

Answer:

Retirement planning is important because it can help you avoid running out of money in retirement. Your plan can help you calculate the rate of return you need on your investments, how much risk you should take, and how much income you can safely withdraw from your portfolio.

Explanation:

8 0
3 years ago
How many credits must students complete in math to meet the foundation graduation plan?
Katyanochek1 [597]

Answer:Distinguished Level of Achievement is when students complete the foundation plan with endorsement (26 credits) and their course work includes Algebra II as one of the math courses.

Explanation: sorry if its wrong

6 0
3 years ago
Read 2 more answers
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