All categories

3 years ago

Provide examples of each: consumer durable goods, consumer nondurable goods, and services.

Business

1 answer:

belka [17]3 years ago

3 0

Answer:

Consumer durable goods: cars, departments.

Consumer nondurable goods: canned food, clothes.

Services: cable, internet, energy and water.

And the correct answer is the option A: A new Ford Fiesta.

Explanation:

To begin with, the durable goods in the microeconomics theory are those that do not wear out with one ot two uses, but instead it actually has a long life with multiple uses. It does not mean that those goods stay forever new. Meanwhile the nondurable goods are those that do wear out after one or two uses of the good and the most common example of that is the food and the clothes. Finally, the services are those that the people ask for in the case they want and specific situation to happen to them, like to have water, to have cable and internet, etc.

You might be interested in

Question 1 of 10

s344n2d4d5 [400]

B. An airline
They sell you a service of fly with the company.
The others sell you goods.

5 0

3 years ago

Suppose Joe's wage increased from $10 per hour to $12 per hour, and over the same time period the GDP deflator increased from 10

Burka [1]

Answer:

Explanation:

Im prettier sure if u add them with a calculator it could come out with the answer and it may add up too the correct answer

3 0

3 years ago

Doyle Company issued $226,000 of 10-year, 5 percent bonds on January 1, Year 1. The bonds were issued at face value. Interest is

Thepotemich [5.8K]

Answer:

Dr cash $226,000

Cr Bonds payable $226,000

31st December year 1

Dr cash $74,000

Cr Lease revenue $74,000

Dr interest expense $11,300

Cr Cash $11,300

31st December year 2

Dr cash $74,000

Cr Lease revenue $74,000

Dr interest expense $11,300

Cr Cash $11,300

Explanation:

Upon the receipt of $226,000 from bond issue,cash acount would be debited with $226,000 and bonds payable account would be credited with the same amount.

When land purchased,the land account is debited with $226,000 and cash is credited with $226,000.

The receipt of $74,000 from lease rental means that cash is debited and the lease revenue is credited.

The coupon interest on the bonds=$226,000*5%=$11,300

The coupon interest is debited to interest expense and credited to cash in each of the two years.

find attached t accounts.

Download xlsx

7 0

3 years ago

James Grunig, professor emeritus of public relations at the University of Maryland, listed the following possible objectives for

madam [21]

Answer: See explanation

Explanation:

According to James Grunig, professor emeritus of public relations at the University of Maryland, the five possible objectives for a communicator are:

• Message Exposure - This refers to situation when the intended people get exposed to the message that is being shared. Here, materials are provided to the mass media by the PR personel.

• Accurate dissemination of message - Messages must be passed across and communicated as clearly as possible without giving out false information or witholding back some information which is vital for the accuracy of the information delivered.

• Acceptance of the message - The message passed must be accepted by the person that's being addressed.

• Attitude change - There must be an attitude change after the message has been delivered as these shows acceptance and products should be purchased.

• Change in overt behavior - Overt behavior is openly seen and hence, there will be change in overt behavior and the goods will be purchased.

3 0

3 years ago

A monopolistically competitive industry is characterized by a. many firms selling products that are similar but not identical. b

UNO [17]

Answer:

A monopolistically competitive industry is characterized by

a. many firms selling products that are similar but not identical.

Explanation:

A monopolistic competition is a form of imperfect competition with many firms operating in the industry. For such an industry, the goods or services are differentiated, such that one firm's goods or services can easily be associated with the producer. This is mostly achieved through branding and the use of trademarks. Each firm, therefore, competes with many other competitors, but they limit their competition by differentiating their products so that consumers would have preference for one against the other, depending on their perceived value.

7 0

3 years ago