1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Citrus2011 [14]
4 years ago
8

The people described spent their money during different time periods. Label each of their scenarios as to whether they bought th

eir goods during a time of inflation, deflation, or price stability. Peter is a compulsive gamer. He decides to buy World of Warcraft, all of its expansions, Starcraft 2, a PS3, a Wii, and an Xbox 360, since prices in general have been rising at an alarming rate.Melissa decides to start her own personal library by amassing a private collection of books and magazines about world religions, cooking, comics, and economics. As she reads an issue of The Economist, she discovers that overall price levels have changed only 0.01% in the past two years, and decides it does not matter whether she starts the project now or later. Linda postpones her wedding even though most food prices and most service prices were dropping this year, which would help keep the cost of the wedding down. Out of these individuals, whose money gained the most value during their time period?
Business
2 answers:
GuDViN [60]4 years ago
6 0

Answer:

Linda money gained the most value during their time period.

Explanation:

Peter is a habitual gamer -  Inflation  

Melissa chooses to begin her own - later - Price Stability  

Linda postpones - down - Deflation  

A reliable ascent in costs is swelling, a reduction is flattening practically no change implies value solidness.  

Expansion diminishes the estimation of cash while price Stability will implies no adjustments in the genuine estimation of cash.

kirill [66]4 years ago
4 0

Answer:

Check the explanation

Explanation:

Peter is a compulsive gamer...- Inflation

Melissa decides to start her own....later- Price Stability

Linda postpones....down-Deflation

Reason

A consistent rise in prices is inflation, a decrease is deflation little or no change means price stability

Linda

Reason

Inflation decreases the value of money whereas price stability will means no changes in the real value of money.

You might be interested in
In your own understanding, compare and contrast "business markets versus consumer-goods markets."​
Anna35 [415]

Answer:

Business markets and consumer-goods markets differ in relation to the consumer and the form of operation. Business markets are formed by companies that provide products or services for other companies to manufacture their final products and services. Consumer goods markets, on the other hand, refer to companies that produce products and services already intended for final consumers.

The difference between them is that in business markets there are some significant advantages that reduce competitiveness, such as the creation of a long-term relationship with the customer, since the impact of buying and selling is greater, which also ensures greater stability business, since companies need constant inputs and services for their production of products and services to sell to the final consumer.

3 0
3 years ago
Consider the following limit-order book for a share of stock. The last trade in the stock occurred at a price of $52. Limit Buy
nekit [7.7K]

Answer:

$52.25

Explanation:

From the question given, thus saying if a market buy order for 100 shares comes in, at what price will it be filled.

(a) The price it will be filled is at  $52.25

The Reason is that,the buy-market order will be filled at the price $52.25, the best value price of the sell limit orders in the book.

8 0
3 years ago
If government regulation forces firms in an industry to internalize the externality, then the a. supply curve shifts to the left
Assoli18 [71]

Answer:

E supply curve and the demand curve shift to the left.

4 0
3 years ago
On August 1, 2021, Turner Manufacturing lends cash and accepts a $16,000 note receivable that offers 10% interest and is due in
professor190 [17]

Answer:

31 Dec 2021  Interest Expense              $667 Dr

                           Interest Payable                 $667 Cr

Explanation:

The bond will pay the interest at maturity. However, following the accrual basis of accounting requires to match the revenue and expenses for a period and requires such transactions to be recorded in their respective periods. The year end adjusting entry will be made on 31 December 2021.

The interest expense for the period from August to December, 5 months, will be recorded on 31 December 2021 as interest expense and credit to interest payable.

The interest expense is = 16000 * 0.1 * 5/12  =  $666.67 rounded off to $667

3 0
3 years ago
Suppose the local slaughterhouse gives off an unpleasant stench. the price of meat would then be _______ because not all of the
Ivanshal [37]

Suppose the local slaughterhouse gives off an unpleasant stench. the price of meat would then be too low because not all of the costs are accounted for in the marketplace.

When the price of an item increases, buyers tend to purchase less of that item due to both the substitution effect and the income effect. When the pizza was on sale at the student council he was selling for $2, Mo didn't buy any. When the price dropped to $1.75 he bought one for Moe's daily lunch.

An increase in demand and a decrease in supply raises the slaughterhouse price, but the effect on the equilibrium quantity cannot be determined. 1. For each quantity, consumers should place a higher value on the goods and producers should set a higher price to supply the goods. Therefore, the price is higher.

Learn more about the slaughterhouse at

brainly.com/question/9354360

#SPJ4

7 0
2 years ago
Other questions:
  • If you followed Taguchi’s principles, and you wanted to investigate a design with 5 factors at 2 levels, how many experiments
    13·1 answer
  • Sandra, a manager at Evolve Corp, frequently engages her team in recreational activities. Every employee is friendly with one an
    5·1 answer
  • Discuss the requisite skills a person needs to lead change for a chosen organization. How can the organization’s structure accom
    15·1 answer
  • what to nations and businesses use to see how much producing some good will cost them in terms of not producing other goods
    15·1 answer
  • Amherst City provides a defined benefit pension plan for employees of the city electric utility, an enterprise fund. Assume that
    8·1 answer
  • What helps the resources and goods and services move around the circular flow?
    6·1 answer
  • The Red Wolf Society, a nongovernmental not-for-profit organization, receives numerous contributed hours from volunteers during
    10·1 answer
  • Greg had selected 8 intervals total to service. He logged in on time for each interval, but ended up logging out 5
    7·1 answer
  • Todays electronics specializes in manufacturing modern electronic components. It also builds the equipment that produces the com
    12·1 answer
  • Which one of the following is NOT included in the Marketing Mix?
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!