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Answer:
Letter a is correct. <em>Acceptable range of prices for any purchase situation.</em>
Explanation:
<u> The purchase decision</u> process is a systematic model that represents the rational or irrational steps a consumer goes through before making a purchase. These steps are related to solving needs, searching for information, evaluating similar alternatives, and post-purchase behavior.
The zone of acceptance is a step regarding the price range that the consumer is willing to pay for a particular product or service, and is influenced by each step of the consumer's buying decision.
Depository institutions---is a financial institution (such as a savings bank, commercial bank, savings and loan association, or credit union) that is legally allowed to accept monetary deposits from consumers.It contribute to the economy by lending much of the money saved by depositors.
financial non depository institutions are financial intermediaries that do not accept deposits but do pool the payments of many people in the form of premiums or contributions and either invest it or provide credit to others. Hence, nondepository institutions form an important part of the economy. These institutions receive the public's money because they offer other services than just the payment of interest. They can spread the financial risk of individuals over a large group, or provide investment services for greater returns or for a future income.
Nondepository institutions include insurance companies, pension funds, securities firms, government-sponsored enterprises, and finance companies. There are also smaller nondepository institutions, such as pawnshops and venture capital firms, but they constitute a much smaller portion of sources of funds for the economy
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Answer:
Gross Margin $82,130
Explanation:
The computation of the gross margin under the absorption costing approach is as follows:
Sales ($147 × 1,910 units) $280,770
Less:
Direct Material ($47 × 1,910 units) $89,770
Direct Material ($34 x 1,910 units) $64,940
Variable Manufacturing Overhead ($5 × 1,910 units) $9,550
Fixed Manufacturing Overhead ($39,600 ÷ 2,200 units) × $1,910 units $34,380
Gross Margin $82,130
Answer:
functional finance and expansionary fiscal policy
Explanation:
Functional finance is an economic theory proposed by Abba P. Lerner, based on the principles of efficient demand and chartalism. It states that government should finance itself to accomplish explicit goals such as subduing the business cycle, reaching high employment, guaranteeing development and low inflation.
Expansionary fiscal policy is a type of fiscal policy involving a reduction in taxes, an increase in government spending, or both, to counter recessionary pressure. A reduction in taxes means households have more disposal funds to spend