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3 years ago

7

Inexpensive goods and services, which take very little consideration on the part of consumers and consumers frequently purchase,

are referred to as _____.

1 answer:

nlexa [21]3 years ago

4 0

Its called convenience products

You might be interested in

Select the correct answer. who makes decisions regarding changes in the discount rate? a. the president b. the board of governor

Taya2010 [7]

The correct answer is option B.

The board of governors make decisions regarding changes in the discount rate.

<h3><u>What is board of governors?</u></h3>

The Federal Reserve System is governed by the Board of Governors, which is based in Washington, D.C.
It is governed by seven individuals, known as "governors," who are appointed by the American president and approved in their roles by the American senate.
In order to advance the objectives and carry out the duties assigned to the Federal Reserve by the Federal Reserve Act, the Board of Governors directs how the Federal Reserve System is run.
The FOMC, the section of the Federal Reserve that determines monetary policy, includes all of the Board members.
The periods of each member of the Board of Governors are staggered so that one term ends on January 31 of every even-numbered year. Each member is appointed to the position for a 14-year period.

When the Reserve Banks lend to depository institutions and others, as well as when they offer financial services to depository institutions and the federal government, the Board also offers general oversight, direction, and counseling.

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5 0

2 years ago

A produce distributor uses 779 packing crates a month, which it purchases at a cost of $12 each. The manager has assigned an ann

labwork [276]

Answer:

$1,498.86

Explanation:

Given that;

Packing of crates per month(u) = 779

Annual carrying cost of 39% of the purchase price per crate

Ordering cost (S) = $27

D = 779 × 12 = $9,348 crates per year

H = 0.39P

H = 0.39 × $12

H = $4.68 crates per year

Total ordering cost = D/Q × S

= ( $9,348 / 779 ) × $27

= $324

Total Holding cost = Q / 2 × H

= ( 779 / 2 ) × $4.68

= $1,822.86

Annual savings = Total holding cost - Total ordering cost

= $1,822.86 - $324

= $1,498.86

The firm would be saving $1,498.86 annually.

5 0

3 years ago

Which would you rather be owning if there is a decline in market interest rates: long-term bonds or short-term bonds? why?

Thepotemich [5.8K]

Long-term bonds are preferable to hold if interest rates decrease because their price will rise more than the price of short-term bonds, providing a bigger return. Long-term bonds, however, are more susceptible to interest-rate risk. In addition, the longevity of the bonds, not only their term to maturity, is a major factor.

<h3>What are short-term bonds?</h3>

Short-term bonds may offer consistent income with comparatively little risk. When compared to money markets, higher profits can be obtained. Even some bonds are tax-free.

The potential yield of a short-term bond is higher than that of money market investments. Bonds having shorter maturities are often more resistant to changes in interest rates than other types of assets. Purchasing a bond and keeping it until it matures entitles you to the stated principle and interest rates.

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brainly.com/question/22939161

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3 0

2 years ago

The chart shows a sample paycheck stub.

dsp73

Answer:

withheld from employee pay.

Explanation:

The term withheld means that the employer deducts the taxes from the employee's pay when processing the payroll. By withholding, the money meant for taxes will not get to the employees' accounts.

The employee's gross pay is $1,106. 45. the next pay is $888.41. the employer must have made some deductions that have reduced the net pay to $888.41. These deductions are the tax amounts that have been withheld by the employer.

7 0

3 years ago

Read 2 more answers

A machine costs $260,000 to purchase and will provide $60,000 a year in benefits. The company plans to use the machine for 12 ye

MaRussiya [10]

Answer:

$133,828.98

Explanation:

The computation of the net present value is shown below:

Year Cash flows Discount factor Present value

0 $260,000.00 1 $260,000.00 (A)

1 $60,000.00 0.9009009009 $54,054.05

2 $60,000.00 0.8116224332 $48,697.35

3 $60,000.00 0.7311913813 $43,871.48

4 $60,000.00 0.6587309741 $39,523.86

5 $60,000.00 0.5934513281 $35,607.08

6 $60,000.00 0.5346408361 $32,078.45

7 $60,000.00 0.4816584109 $28,899.50

8 $60,000.00 0.4339264963 $26,035.59

9 $60,000.00 0.3909247714 $23,455.49

10 $60,000.00 0.3521844788 $21,131.07

11 $60,000.00 0.3172833142 $19,037.00

12 $75,000.00 0.2858408236 $21,438.06

Total present value $393,828.98 (B)

Net present value $133,828.98 (B - A)

The discount is come from

= 1 ÷ (1 + rate) ^ years

4 0

3 years ago