All categories

2 years ago

Who are the households sector consist of and why is this sector a producer and consumer

Business

1 answer:

strojnjashka [21]2 years ago

7 0

Answer:

The answer Is below

Explanation:

The households sector is a sector that consists of people such as consumers or end-users and entrepreneurs that are not into a corporation

Also, this sector has producers and consumers because consumers are the individuals that consume the goods and services produced.

Similarly, there are producers in the household sectors as some individuals produce goods and services for themselves and their immediate environment without going into a corporation. For example, Street food vendors, Cobblers, carpenters, and many more.

You might be interested in

On August 1, Greene Company purchased merchandise inventory on account with a list price of $25,000 and credit terms of 2/10, n/

Alekssandra [29.7K]

Answer:

August 1, merchandise purchased on account 2/10, n/30

Dr Merchandise inventory 25,000

Cr Accounts payable 25,000

Explanation:

If Greene paid within the discount period, the journal entry to record the payment would be:

August 2-11, payment of accounts payable

Dr Accounts payable 25,000

Cr Cash 24,500

Cr Purchase discounts 500

If Greene didn't paid within the discount period, the journal entry to record the payment would be:

August 20, payment of accounts payable

Dr Accounts payable 25,000

Cr Cash 25,000

5 0

3 years ago

Fiona and her fellow Green Committee members are studying the effects of the use of energy-efficient light bulbs. Which of these

Kamila [148]

The correct answer is B.) Hope this helps!

3 0

3 years ago

The fundamental purpose of an organization's mission statement is to:

Maslowich

Answer:

The correct answer is letter "B": define the organization's purpose in society.

Explanation:

A company's mission reflects what is the purpose of the firms in regards to the impact with its surrounding society. It describes what product is going to be offered, what are the association's potential consumers, and in what sector of the society the firm will focus.

6 0

3 years ago

The fact that there are now more single people going on vacation is a behavioral trend observed in the hospitality and tourism i

dimulka [17.4K]

Answer:

true

Explanation:

7 0

3 years ago

Wood Dreams makes hand crafted furniture in its retail stores. The furniture maker has recently installed a new assembly process

Sophie [7]

Answer: 204.76%

Explanation:

In the earlier scenario, furniture maker manufactured 47 (42 non defective) pieces per 5 laborers working 8 hours day.

Thus, the productivity in terms of units per labor hour is as follows:

$= \frac{42}{8\times5}$

= 1.05

Similarly, after the process improvement, the productivity in units per labor hour would be:

$= \frac{128}{8\times5}$

= 3.2

Thus change in productivity would be calculated as:

$=\frac{3.2-1.05}{1.05}\times100$

= 2.047 × 100

= 204.76%

Thus, the productivity of non defective parts would increase by 204.76%.

4 0

3 years ago

Who are the households sector consist of and why is this sector a producer and consumer​

Who are the households sector consist of and why is this sector a producer and consumer