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ss7ja [257]
3 years ago
10

Social class is a strong predictor of purchases that have symbolic aspects, but low to moderate prices. What is the best example

of a product with those characteristics?
Business
1 answer:
tresset_1 [31]3 years ago
7 0

Question: Social class is a strong predictor of purchases that have symbolic aspects, but low to moderate prices. What is the best example of a product with those characteristics?

a. liquor

b. cars

c. homes

d. refrigerators

Answer: Liquor.

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Under GASB standards, financial information useful for assessing operational accountability is primarily reported in the Government wide financial statements and not the Fund Financial statements.

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C. accounting specialization certificate

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England and Scotland both produce scones and sweaters. Suppose that an English worker can produce 50 scones per hour or 1 sweate
torisob [31]

Answer:

A

Explanation:

The country with a comparative advantage in the production of a good should export the good

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.

England

Comparative advantage in the production of scones = 1/50 = 0.02

Comparative advantage in the production of sweater = 50/1 = 50

Scotland

Comparative advantage in the production of scones = 2/40 =  0.05

Comparative advantage in the production of sweater = 40/2 = 20

England has a comparative advantage in the production of scones and should export scones

Scotland  has a comparative advantage in the production of sweaters and should export sweaters

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