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Nana76 [90]
3 years ago
15

Which of these is an example of discretionary spending?

Business
2 answers:
artcher [175]3 years ago
5 0

the answer is vacation.


aliya0001 [1]3 years ago
3 0
<span>D is the correct answer. Discretionary funding is not essential for a person to live. Rent and groceries both provide basic human needs of shelter and food respectively, and deb repayment is necessary to avoid bailiffs. Vacations are an unecessary expense.</span>
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Which of the following best illustrates the concept of "derived demand?"
Naddik [55]

Answer:

b) An automobile producer's decision to supply more cars will lead to an increase in the demand for automobile production workers.

Explanation:

Derived demand describes the demand for a product or service that results from the demand for an intermediate or a related good or service. Demand is only referred to as derived if it's solely as a result of the product being demanded to produce or acquire other goods or services. The demand for intermediate or related goods is directly proportional. Should the demand for a good increase, the demand for its related or intermediate goods increases.

An increase in the supply of car implies more workers will be needed to work to produce them. The increase in demand for workers is purely a result of an increase in the production of cars.

7 0
3 years ago
What is the term for the daily activity of handling economic resources and planning for future economic goals?
ss7ja [257]

Answer:

Money Management

Explanation:

3 0
3 years ago
There are several different ways that Bond’s Gym can solve its problem.
AysviL [449]
<span>The main problem at Bond's Gym is excess demand. This means that negative incentives are the best way to go. Positive incentives would only increase demand at the gym, making the problem worse. however, negative incentives would create a positive result for the owner, as he would make more money and expand his gym, allowing him to meet more consumer demands.</span>
5 0
3 years ago
Read 2 more answers
explain why a business that is small enough to be managed by one or a few people and does not require a large amount of capital
koban [17]

A business that is small enough to be run by one or a few people and does not require a large amount of capital would be good for a sole proprietorship.

This type of business structure has less bureaucracy and does not require a lot of formality to be managed, making it an ideal setting for family businesses, such as grocery stores and clothing stores.

Therefore, in a sole proprietorship, the owner is responsible for the risks inherent in the business, with greater freedom and flexibility.

Learn more about sole proprietorship here:

brainly.com/question/4442710

4 0
2 years ago
The fundamental purpose of an organization's mission statement is to: create a good human relations climate in the organization.
leva [86]

Answer: define the organization's purpose in society.

               

Explanation: In simple words, it refers to a short statement which defines why an organisation exist in the society. It illustrates what are the goals of the organisation, its primary customers, the commodities they are going to offer and so on.

The mission statement lays a foundation for the overall planning of the organisation.

Hence the correct answer is last statement.

4 0
3 years ago
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