All categories

3 years ago

Is bussines studies hard?

Business

2 answers:

Viktor [21]3 years ago

7 0

No dear it is just normal

alexdok [17]3 years ago

6 0

Answer:

Explanation:

I took it last year

You might be interested in

In a simple economy (assume there are no taxes, thus Y is disposable income), the consumption function is Upper C equals 1000

Oduvanchick [21]

Answer:

Autonomous consumption is $1,000 and the marginal propensity to consume is 0.9.

A consumer whose income increases by $100 will increase consumption by $90.

Explanation:

Given C = 1000 + 0.9Y

Autonomous consumption refers to consumption expenditure of consumers that does not depend on income. Therefore, autonomous consumption is therefore the consumption expenditure made by the consumers when they do not have income or when income is zero (i.e. when Y = 0).

Substituting for Y = 0 into the consumption function, we can obtain autonomous consumption is follows:

Autonomous consumption = 1000 + (0.9 * 0) = 1,000

The marginal propensity to consume refers to the proportion of the increase in disposable income that is spent on the consumption of goods and services by a consumer. From the consumption function, the marginal propensity to consume is 0.9.

Since marginal propensity to consume is 0.9, a consumer whose income increases by $100 will therefore increase consumption by $90 (i.e. $100 * 0.9 = $90).

7 0

3 years ago

Elaborate on the meaning of contemporary socio-economic issues.

saul85 [17]

Answer: See explanation

Explanation:

Contemporary Socio-economic issues are the challenges that are faced by the society. It should be noted that these problems and challenges have s negative impact on the economy and the society as a whole.

Some of the contemporary socio-economic issues that are faced by the society are poverty, corruption, illteracy, unemployment, etc.

These issues poses a challenge to the government and government seek ways to address them.

4 0

3 years ago

Stores such as T. J. Maxx, Burlington Coat Factory, and Marshalls buy manufacturers' seconds, overruns, returns, and off-season

Rama09 [41]

Answer: off price retailers

Explanation: In simple words, it refers to the retailers that sells high quality products at relatively lower prices than market. The key to their business structure is the discount they offer as the majority of product they sell are of second hand quality or are off seasoned.

They procure material directly from the suppliers in the form of scrap etc and then sells it to retailer at heavy discounts. Hence from the above we can conclude that the correct answer is off price retailers.

4 0

3 years ago

Free agency in the NFL has:

arsen [322]

They can do what they want they are millionaire athletes that have a fanbase not saying its right by any means.

4 0

3 years ago

Oriole Company was formed on December 1, 2019. The following information is available from Oriole's inventory record for Product

Leokris [45]

Answer:

FIFO Ending Inventory $ 64900

Explanation:

Oriole Company

Date Particulars Units Unit Cost Total Cost

January 1, (beginning inventory) 2,000 $15 30,000

January 5, Purchases: 2,500 $17 42500

January 25, Purchases: 2,200 $18 39600

February 16, Purchases: 1,100 $19 20900

March 15, Purchases: 2,200 $20 44000

Total 10,000 $ 177000

A physical inventory on March 31, 2020, shows 3,300 units on hand.

FIFO means first in first out. It is a method of calculating inventory items. In it the first items purchased are sold out first. Following this rulethe ending inventory FIFO can be calculated by moving backwards from March 15 purchases as follows.

FIFO Ending Inventory $ 64900

March 15 Purchases 2,200 units at $20=$ 44000

February 16,Purchases units 1,100 at $19 =$20900

6 0

3 years ago

Is bussines studies hard? ​

Is bussines studies hard?