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4 years ago

Price is the _____________ a consumer is willing to make to acquire a specific product or service.

Business

1 answer:

vfiekz [6]4 years ago

3 0

Answer:

Overall sacrifice

Explanation:

Price is associated with the amount of money that a consumer have to pay to purchase a articular product. Overall sacrifice is that amount of money which is sacrificed by the consumer to acquire a particular product or service. Price of the product is set by the seller in the market and it is totally depends upon the willingness of the consumer to buy the product at the prevailing prices or not.

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It does not make sense to avoid post secondary education because of its cost since in the long run:

lord [1]

A) The salary you will earn with a degree will pay back the cost of college over your career.

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3 years ago

Read 2 more answers

Ralph is leasing a $32,000 car for 36 months. The terms of his lease include an 8. 5% interest rate (money factor of 0. 00354) a

Ainat [17]

The correct statement will be that the monthly lease payments that Ralph will have to make to lease such a car will be $362.17. So, the correct option that matches the statement is not quoted above.

The calculation of monthly lease payment can be done by deduction of residual value and dividing such value by number of months.

<h3>Calculation of monthly lease payments</h3>

The residual value can be calculated by using the formula by applying the given information,

$\rm Residual\ Value= Original\ Value\ x\ \% of Residual\ Value\\\\\rm Residual\ Value=32000\ x\ 72\%\\\\\rm Residual\ Value=\$23040$

So, depreciation of the car after three years will be $8960.

Interest payment per month will be calculated as,

$\rm Monthly\ Interest= Car\ Value\ x\ Money\ factor\\\\\rm Monthly\ Interest=32000\ x\ 0.00354\\\\\rm Monthly\ Interest=113.28$

And the payment towards actual lease would be,

$\rm Actual\ Payment= \dfrac{Depreciation}{no.\ of\ Months}\\\\\rm Actual\ Payment= \dfrac{8960}{36}\\\\\rm Actual\ Payment= \$248.89$

So, total monthly payment towards leasing such car will be,

$\rm Total\ Payment= Actual\ Payment+ Interest\ Payment\\\\\rm Total\ Payment=248.89+113.28\\\\\rm Total\ Payment=\$362.17$

Hence, the correct statement is that the monthly payment towards the lease of car by Ralph will be $362.17 and none of the options given is correct.

Learn more about <u>Monthly Lease </u>here:

brainly.com/question/1856464

7 0

2 years ago

Without the consumer, what would the overall effect be on the economy?

choli [55]

Answer:

Consumers are basis for any economy to work out.It is the consumers for which the country works and makes sure to fulfil the demand of the market. New businesses come into existence because they create needs in the consumers and fulfil those needs. These businesses become a part of the economy and therefore give an input.

If there are no consumers, there will be o demands and the produces will have no needs or demands to fulfil which would lead to less production and therefore leading towards the fall of the economy.

7 0

3 years ago

Chemtec is undertaking a project that will require an upfront investment today in net working capital, and plant and equipment (

almond37 [142]

Answer:

-$300 million

Explanation:

Change in net working capital (CNWC) = $100 million

Capital Expenditures (CE) = $200 million

Assuming no depreciation expenses, the free cash flow (FCF) is given by:

$FCF = EBIT*(1-tax) - CNEC - CE$

Since no revenues are expected until the next year, EBIT = 0.

$FCF = - \$100 -\$200\\FCF = - \$300\ million$

The project's free cash flow today is -$300 million.

3 0

3 years ago

The par value of a stock:

SCORPION-xisa [38]

Answer:

A) is used to determine minimum legal capital balances at issuance

Explanation:

The par value of stock represents the minimum amount that must be paid per share. Par value is also referred as the Face Value or Nominal Value of common stock. The Par Value of common stock is derived by Par value per share * No. of Issued Shares.

8 0

3 years ago