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Leno4ka [110]
3 years ago
10

Darnell has saved $30 per week to buy a new Blu-ray player. He compares two different models: a Panaview that is priced at $130

and a Zony model that is priced at $140. Darnell decides to purchase the Zony Blu-ray player for $140. Identify what role money plays in each of the following parts of the story.
a. Alex can easily determine that the Panaview model has a lower price than the Zony Model.
b. Alex saved $30 per week.
c. Alex pays $140 for the Blu-Ray player.
Business
1 answer:
STALIN [3.7K]3 years ago
4 0

Answer:

unit of account

store of value

medium of exchange

Explanation:

Money is anything that is generally accepted as a means of payment for goods and services and for repayment of debt.

Functions of money  

1. Medium of exchange : money can be used to exchange for goods and services. For example, money serves as a medium of exchange when you pay $140 for the Blu-Ray player.

2. Unit of account : money can be used to value goods and services, For example, you can determine that the value of the Panaview model  is lower than the Zony Model based on its price

3. Store of value : money can retain its value over the long term, this it can be used as a store of value.

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A tremendous flood along the Mississippi River destroys thousands of factories, reducing the nation's capital stock by 5%. What
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Answer:

Both employment and the real wage rate would decrease

Explanation:

Given that the capital stock of a nation or country jas a direct impact on such country in terms of savings and investments which directly translates to additional.economic development.

Hence, in this case, when a tremendous flood along the Mississippi River destroys thousands of factories, reducing the nation's capital stock by 5%. What happens to current employment and the real wage rate is that "Both employment and the real wage rate would decrease"

This because there won't be adequate money available to create more employment. And with lease employment opportunities than the available labor, the real wage rate tends to decrease over time.

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3 years ago
This is due at 12. please help me
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List three or four effects of financial irresponsibility.
Aleksandr-060686 [28]
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Crane Company distributes to consumers coupons which may be presented (on or before a stated expiration date) to grocers for dis
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Liability of un-redeemed coupons Pending on December 31, 2018 is $60,000

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Liability pending on Dec. 31, 2018                         <u>$60,000</u>

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3 years ago
As a product moves into the market maturity stage of its life cycle, the marketing manager should:____.
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As a product moves into the market maturity stage of its life cycle, the marketing manager should expect the market to move toward pure competition.

Maturity is the time when sales start to plateau from the boom. At this point, companies start cutting prices to remain competitive in the face of increased competition.

Maturation occurs after introduction and growth. Maturity is the longest stage in the product life cycle. At this stage, sales growth starts to decline. The company reaches a high point in the demand cycle. and promotional strategies have minimal impact on revenue growth. December 20, 2021

Learn more about market maturity stage here: brainly.com/question/25754149

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5 0
2 years ago
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