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Mazyrski [523]
3 years ago
14

Inflation can decrease _____, which reduces the amount of goods and services a person can afford

Business
2 answers:
PtichkaEL [24]3 years ago
7 0
Inflation is the situation in which the same amount of money is worth less- meaning that it will have less purchasing power (so one can buy less for 100 dollars now than 10 years ago) - the correct answer is "purchasing power". Lower purchasing power reduces the number of goods that people can afford.
vivado [14]3 years ago
5 0

Answer:

Purchase power

Explanation:

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An author can register his or her copyright application with the
Anettt [7]

Answer:

You can submit a copyright application through www.copyright.gov or through a paper application.  I think answer would be registration record

Explanation:

7 0
3 years ago
Consumers determine value of the product on the basis of _______. a. perceived satisfaction b. the opportunity cost to buy the p
nekit [7.7K]

Consumers determine value of the product on the basis of the opportunity cost to buy the product.

Opportunity cost – in macroeconomic theory, the opportunity cost of one activity is the loss of value or benefit that would be incurred by engaging in that activity, in comparison to engaging in an alternative activity offering better return in value or benefit.

When the consumers calculate the value of product, they look at the benefits and then subtract the cost to see if the benefits exceed the costs.

Therefore the consumers determine value of product on the basis of opportunity cost to buy the product by doing cost benefit analysis.

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7 0
2 years ago
What are features of alternate credit?
Debora [2.8K]
<span>May combine elements of closed and open-end credit, usually has higher interest rates, usually has higher fees
hope this helps

</span>
4 0
3 years ago
which area(s) represent the amount of consumer surplus domestic consumers will enjoy after the tariff has been imposed?
shusha [124]

According to the graph A + B + C + D + E + F + G it represent the amount of consumer surplus domestic consumers will enjoy after the tariff has been imposed.

<h3>What concept will be applied when the domestic nation acts as a price taker, and its consumption and production have no impact on the global price?</h3>

Due to its tiny size in comparison to global markets, the domestic market is a price taker, and neither its production nor consumption affects global prices. Therefore, the nation uses the international price as the domestic price for any good, service, or resource.

<h3>What distinguishes a tariff imposed by a big country from a small country's tariff?</h3>

Due to its size, the huge nation's tariff not only lowers the amount of the thing that is sought, but it also could lower the product's global price.

To know more about domestic consumers visit :

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4 0
2 years ago
A person who routinely buys goods in good faith from a person who routinely sells such goods.
Mazyrski [523]
They are considered a buyer in the ordinary course of business.
4 0
4 years ago
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