Answer:
The right answer is, C. Consumers buy more personal computers because prices have fallen.
Explanation:
the price and demand are indirectly proportional, that is, if the price of a good or service increases, therefore its demand will decrease and if the price decreases its demand will increase.
So the point that most illustrates this market activity is point C.
Explanation:
Concept of National Income
The National income is the total amount of income accruing to a country from economic activities in a year time. It includes payments made to all resources either in the form of wages, interest, rent, and profit.
Answer:
D) There is no way for the parties involved to communicate.
Explanation:
An unsatisfied need exists (the farmhand needs a transportation method), the consumer is willing and able to purchase a product that will satisfy his need, a supplier (or suppliers) exist that can sell him the product, but there is no way that he can request them to do so.
Our world has changed so much during the last years because the internet and cellphone communications have made it easier for almost everyone to communicate. I remember before we had to wait for JC Penny's catalog to arrive (in our case one catalog per season) and then we ordered some things we wanted. Then we had to wait about 1 month and our things showed up. That is ancient history now, I know JC Penny still has some stores open, but internet sales have virtually wiped them out as well as Sears and Macy's.
Communication makes your purchases much easier and cheaper, so now we do not have to depend on one or two big stores.
Answer:
January Income = $0
February Income = 50% * ($4,900 - 2,300) = $1,300
March Income = 30% * ( $4,900 - $2,300) = $780
April Income = 20% * ($4,900 - $2,300) = $520
Explanation:
The amount received on the prepaid card will not be recognised in the amount because the revennue has not being recorgnized.
Answer:
$700
Explanation:
Total earnings in 4 years
= 10000 + 5000 + 6000 - 4000
= $17,000
Ending retained earnings after 4 years
= $14,200
Total amount paid out as dividend in 4 years
= 17000 - 14200
= $2,800
Average amount of dividends paid per year
= $2,800/4
= $700
