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Karolina [17]
3 years ago
5

A consumer is someone who uses goods and services. True False

Business
2 answers:
Sliva [168]3 years ago
5 0
ANSWER is True. Consumers like us that go to Walmart, Costco, Walgreens, and fast food places to meet their needs. We as consumers buy from entrepreneurs to help their businesses get money.
goldfiish [28.3K]3 years ago
4 0
Technically,
A consumer is someone who Purchases goods and services for Use.
But I would deem that statement True too. 

_Brainliest if helped!
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Pina Colada Corp. had beginning inventory of $16500 at March 1, 2017. During the month, the company made purchases of $71500. Th
patriot [66]

Answer:

The cost of goods sold is $68970

Explanation:

The cost of goods sold is the cost of inventory that a company sells in a partcular period.

The cost of goods sold can be calculated as,

Cost of Goods sold = Opening inventory + Purchases - Closing Inventory

Cost of Goods Sold = 16500 + 71500 - 19030  = $68970

4 0
3 years ago
Difference between private and public company
djyliett [7]

<span>The difference between a privately-held and public company is that the owners of the private company are the company’s founders or a group of private investors while in the public company, the company has undergone an initial public offering that means the company sold a portion of its shares to the public. The management of a public company is answerable to the shareholders as opposed to the private company. A public company sells the shares of stock and is listed in the stock exchange while a private company is unlisted. </span>

6 0
3 years ago
Which of the following is an example of raw data from an automobile manufacturer? Annual sales of Subaru Outbacks increased 4.5
m_a_m_a [10]

Answer:

One Subaru Outback sold January 7, 2017 in Mount Kisco, New York for $25,000.

Explanation:

Raw data typically refers to tables of data where each row contains an observation and each column represents a variable that describes some property of each observation. Data in this format is sometimes referred to as tidy data, flat data, primary data, atomic data, and unit record data. Sometimes raw data refers to data that has not yet been processed.

4 0
4 years ago
People have little incentive to produce a public good because
KiRa [710]
In my opinion people have little incentive because of their lack in good teachings or a strong foundation. Like good parenting or lack of proper education.
Hope it helped!!
6 0
4 years ago
If Carol's disposable income increases from $1,200 to $1,700 and her savings increases from $200 to $300, then: marginal propens
Zepler [3.9K]

Answer:

The Marginal Propsensity to Consume is four-fifths

Explanation:

To answer the question, an indirect approach must be used.

  1. First, we are given data on disposable income and Savings, it is, therefore, easy to assume that we are to calculate the Propensity to Save.
  • The Formula for calculating the Propensity to Save is:  Change in Savings /Change in Income.
  • MPS=ΔS/ΔY
  • Using the data we have:
  • Change in Savings: $300-$200= $100
  • Change in Income: $1,700-$1,200=$500
  • MPS= $100/$500= One-fifth
  • But hold on: One-fifths Marginal propensity to save is not part of the options, so we continue:
  • If Marginal Propensity to Save is One-Fifths, then based on a formula the Marginal Propensity to Consume is the balance of the Subtraction of One-Fifths from One:
  • 1-1/5= 4/5.
  • The Marginal Propensity to Consume is therefore four-fifths.

Note:

  • If the data given was increase in consumption instead of savings then we would have directly calculated Marginal Propensity to Consume= Change in Consumption/Change in Income or
  • MPC= ΔC/ΔY
4 0
4 years ago
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