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vovikov84 [41]
3 years ago
12

Describe how each of the following will affect the demand for personal computers: (a) A rise in incomes (assuming computers are

a normal good); (b) A lower expected price for computers; (c) Cheaper software; (d) Simpler-to-operate computers.
Business
1 answer:
mr Goodwill [35]3 years ago
7 0

Answer and Explanation:

The impact of the demand in the following situations are

1. Since there is a rise in the income and we assume it is a normal good. So in the case of the normal goods it shows a direct relationship between the income and the demand that means if the income is increased so the demand also increased & vice versa

2. For The lower expected computer price, the demand would decrease as the people predict that the price could decline in future

3. For cheaper software, the demand is increased as the price is very less

4. In the case when the computer are simple to operate so it would increase the demand

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The record least vital in figuring out the financial value of a purchase is purchase requisition.

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A purchase requisition shape is a record submitted by means of a worker to request the acquisition of products or offerings on behalf of the enterprise. these purchases can be for enterprise operations, stock, or to manufacture resources for sale. filing a purchase requisition shape sets off the buying method. anytime an employee wants to make a buy – say, as an example, they need a brand new laptop – they will use a buy requisition shape to explain exactly what the purchase is and why they want it for paintings.

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What groups are hurt by inflation?
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Answer:

Groups hurt by inflation: Fixed Salary Earners and Pensioners, Creditors and Savers.

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Inflation refers to a quantitative measure of a rate at which a basket of selected goods and services’ average price level in an economy up rises over some time period. Inflation is indicative of a rise in general price level wherein a single currency unit buys less than what it did formerly. Expressed in percentage, inflation is indicative of a decline in the national currency’s purchasing power.  

<u>GROUPS HURT BY INFLATION </u>

<u>Fixed Salary Earners</u>: Their real income is eroded by inflation.

<u>Creditors</u>: When loan is repaid, its purchasing power is reduced.

<u>Savers</u>: This group is most hurt since the official nominal interest of the bank cannot resist the real rate of interest (inflation rate).  

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A financial plan is mostly influenced by priorities and goals. Hence, Option C is correct.

<h3>What is a financial plan?</h3>

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And a financial plan is an estimation of the required capital. Prioritizing financial goals is also important when doing financial planning. It will help in aligning goals with plans.

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