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Anna11 [10]
3 years ago
8

Bob is teaching his son, Jack, how to handle money, count change, how to save for a desired purchase, and how to choose an appro

priate product. Bob is teaching his son:________
A. buying skills
B. consumption-related preferences
C. consumption-related attitudes
D. economic skills
E.consumer skills
Business
1 answer:
mixas84 [53]3 years ago
4 0

Answer:

E. consumer skills.

Explanation:

Considering the above scenario, it can be said that Bob is teaching his son Jack to develop consumer skills.

It is essential that the consumer has a set of knowledge about finance, self-discipline, and caution to make a purchase that aggregates effectively, that aggregates all the important features for him, such as meeting his needs and a price compatible with the product's functionality or service.

For this it is ideal that before buying something, the individual analyzes what are the benefits it will have, if the value of the product is compatible with his budget, if the supplier is reliable and has a good reputation in the market, etc.

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Eric and Chris run a non-regulated natural monopoly producing electricity for a small town. The barrier most likely preventing o
alexdok [17]

Answer:

increasing returns to scale

Explanation:

The biggest barrier for other firms are increasing returns to scale. This is because Eric and Chris have their company already established and also have their clientele all hooked up and using their service. This allows them to produce a much higher electrical output for their clients with a certain Income. Newer companies will need a much higher income just to be able to produce a similar electrical output in order to try and compete with Eric and Chris.

5 0
3 years ago
Based on the spreadsheet below, which of the following is a true statement? a. The net cash flow is negative. b. The net cash fl
Afina-wow [57]

Answer:

c. The net cash flow is positive.

Explanation:

A net positive balance occurs when the total cash inflow exceeds total cash outflows.  Inflow is cash coming in, while outflow is cash leaving the business. In a business, sales represent cash inflows, while expenditure represents cash outflows.

In this case, the sales total to $1,600 while expenses are $1,490. The net cash flow is the difference between the inflows and the outflows. Here, the difference is a positive $110.

6 0
3 years ago
Read 2 more answers
Information technology (IT) has changed:_________. a. the various forms of utility that businesses require in order to succeed.
bogdanovich [222]

Answer: c. the degree that businesses rely on each other for information and decision making.

Explanation:

Information Technology has enabled firms of all sizes and types to be able to access information that they need for themselves instead of having to rely on third-party providers that would provide data to them at a high cost.

This has enabled these businesses to rely less on other companies for decision making as well as become more efficient at it because they are able to use varied sources of information not just what they would have acquired from other companies.

6 0
3 years ago
What type of occupation do you prefer to do any why​
Fed [463]

Answer:

a hands on occupation

Explanation:

I dont like sitting around

7 0
3 years ago
Saving is:a) the difference between real GDP and disposable income while savings is the difference between disposable income and
Bogdan [553]

Answer:

b

Explanation:

Saving is the difference between disposable income and consumption

Saving = disposable income - consumption

for example, if disposable income is $1000 and consumption is $600. Saving is $400

the higher consumption is, the lower saving would be. the lower consumption is, the higher saving would be

Savings is the total amount of money saved over a period of time

3 0
3 years ago
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