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Svetradugi [14.3K]
3 years ago
5

Which type of utility can only be added by the maker of the product

Business
2 answers:
m_a_m_a [10]3 years ago
7 0

Answer:

FORM UTILITY

Explanation:

Utility is an economic term referring to the total satisfaction received from consuming a good or service. In economics, goods are materials that satisfy human wants and provide utility (useful), for example, to a consumer making a purchase of a satisfying product. A common distinction is made between goods that are tangible property, and services, which are not physical. The economic utility of a good or service is important because it will influence the demand, and therefore price, of that good or service. Non-economic goods are goods or services that are plentiful and free. Air and sunshine are considered non-economic goods since they are neither scarce nor valuable.

An economic good is a physical object that has value and can be sold; Some examples include any kind of food, cars, toys, cloths, furniture, house, any tangible object.

An economic good can also be a service that has value and can be sold; some examples include haircuts, gym membership, restaurant (both goods and service), plumber, electrician, carpenter, beautician, tax accounting, doctors, lawn care workers, dentists, etc.  Therefore, you could buy goods, that go from pure service, to mostly service, to half service and half goods, to mostly goods and then pure goods (commodity).

<h3><u>Form Utility</u></h3>

Form Utility can be define as the practice of enhancing a product’s attractiveness to consumers by altering its appearance. One way to do that is to assemble a number of components instead of just selling the raw materials. Form utility can also involves making a product ready for consumption by converting it to a form that is more beneficial to consumers than the raw materials used to make it.

Ratling [72]3 years ago
6 0

A: The four types of economic utility are form, time, place and possession. "Utility" in this context refers to the value, or usefulness, that a purchaser receives in return for exchanging his money for a company's goods or services.

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You put up $80 at the beginning of the year for an investment. The value of the investment grows 2% and you earn a dividend of $
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If the value of the investment grows 2% and you earn a dividend of $8.00. Your HPR was 12%.

<h3>HOLDING PERIOD RETURN (HPR)</h3>

Using this formula

HPR=Investment grow+(Dividend/Beginning investment)

Let plug in the formula

HPR=2% + ($8/$80)

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Therefore If the value of the investment grows 2% and you earn a dividend of $8.00. Your HPR was 12%.

Learn more about HPR here:brainly.com/question/20383546

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1 year ago
Which of the following is not a goal of federal economic policy? full employment growth a high savings rate Keynesian economics
Ivan

Answer:

high savings rate

Explanation:

High savings rate is not a goal of federal economic policy. The goal of federal economic policy is to achieve full employment, economic growth and stable prices.

However 'high savings rate' is achieved when interest rates are increased in order to fight inflation and achieve 'stable prices' because people keep their money in the banks to take advantage of the benefit of earning interest BUT this is not always the case because 'higher interest rates' works against full employment by making it too costly for firms to borrow for investments which will definitely create jobs.

5 0
3 years ago
On January 1, 2021, Calloway Company leased a machine to Zone Corporation. The lease qualifies as a sales-type lease. Calloway p
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Answer:

DR Interest receivable                                  26,400

CR Interest revenue                                                       26,400

Explanation:

As first lease has already been paid, the amount left of the lease is;

= 280,000 - 40,000

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Interest is 11% so the interest to be received in December is;

= 11% * 240,000

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This will be debited to Interest receivable as it is money owed and credited to Interest revenue as it is money earned.

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Answer:

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Explanation:

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2 years ago
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