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3 years ago

When people have more money and eagerly spend it, this increases

Business

1 answer:

Leya [2.2K]3 years ago

3 0

Answer:

More money and enganment to whoever they're purchasing from.

Explanation:

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____ consumption occurs when consumers "set apart" objects and events from normal activities and treat them with respect. ____ c

solong [7]

Answer:

Sacred consumption
Profane consumption

Explanation:

This differentiation is based on special religious events (e.g. religious holidays) that considered some goods as sacred, while profane had to do with everyday life.

Some modern marketing strategies try to build sacred brands. For example, Google has become our God of all knowledge and no one even dares to challenge that almost religious belief. Anyone can make their own coffee or buy coffee at any coffee shop, but Starbucks is different, it has built a sense of emotional connection with the public. It's not any coffee that we need or want.

6 0

3 years ago

A salary owed to employees is an example of an accrued expense a. True b. False

pogonyaev

a. True

An accrued expense is an expense that exists in the books before it is paid off and it's a liability. It's a periodic and documented expense, and they are the opposite of prepaid expenses. A salary owed to employees is an example of an accrued expense.

5 0

3 years ago

Read 2 more answers

Computer equipment (office equipment) purchased 6 1/2 years ago for $170,000, with an estimated life of 8 years and a residual v

Simora [160]

Answer:

depreciation expense 10,000 debit

acc dep office equipment 10,000 credit

If sold at 40,000 dollars

acc dep office equipment 130,000 debit

cash 60,000 debit

office equipment 170,000 credit

gain at disposal 20,000 credit

If sold at 25,000 dollars

acc dep office equipment 130,000 debit

cash 25,000 debit

loss at disposal 15,000 credit

office equipment 170,000 credit

Explanation:

depreciation expense using straight line method

(cost - salvage value) / useful life = depreciation expense

(170,000 - 10,000) / 8 = 20,000

half year depreciation: 20,000 x 1/2 = 10,000

book value:

170,000 - 6.5 year of depreciation

170,000 x 6.5 x 20,000 = 40,000

sales price: 60,000

gain = 20,000

if sold at 25,000 then:

25,000 - 40,000 0 -15,000 there will be a loss at disposal

4 0

3 years ago

Bob lives in San Diego and loves to eat desserts. He spends his entire weekly allowance on yogurt and pie. A bowl of yogurt is p

liberstina [14]

Answer and Explanation:

According to the scenario, computation of the given data are as follow:-

Current Consumption Marginal Rate of Substitution

= Marginal Utility (MU) of Pecan Pie ÷ Marginal Utility (MU) of Yogurt

= 2

Utility Maximized When Marginal Rate of Substitution (MRS)

= Marginal Utility of Pecan Pie ÷ Marginal Utility of Yogurt

= $3.75 ÷ $1.25

= 3

According to the analysis, Utility-maximizing MRS (3) is more than the current MRS (2). So to increase the utility bob should have to consume less pecan pie and more quantity of yogurt.

7 0

3 years ago

A company borrows $10,000 and signs a 90-day nontrade note payable. In preparing a statement of cash flows (indirect method), th

frez [133]

Answer:

It will be regarded as inflow from financing activities

Explanation:

Since we are receiving money it is an inflow of cash. The bank can be regarded as a finance house. Since we are borrowing money and not buying assets this is regarded as a finance activity and this money will need to repaid in the future (finance from outside parties).

3 0

3 years ago