1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zubka84 [21]
3 years ago
12

What is a consumer in business

Business
2 answers:
german3 years ago
7 0

Answer:

consumer is someone who uses, consumes goods and/or services. consumer is also someone who is involved in obtaining, consuming, and disposing of products and services, including the decisions that precede and follow up on those actions.

Nastasia [14]3 years ago
6 0

Answer:

Consumers are defined as individuals or businesses that consume or use goods and services.

Explanation:

You might be interested in
The Baldwin Company currently has the following balances on their balance sheet: Total Liabilities $135,759 Common Stock $52,705
LiRa [457]

Answer:

The correct option is the third one,$250,687

Explanation:

The key to ascertaining is accounting equation which that assets equal capital plus liabilities.

This implies that by determining the capital and liabilities,total assets sorted out.

  Common stock                                    $52,705

  *Retained earnings for the year          $62,223

Total equity and retained earnings     $114,928

total liabilities                                        $135,759

Total equity and liabilities                     $250,687

Total assets=total equity and liabilities=$250,687

Retained earnings for the year=prior year retained earnings+net profit-dividends paid

prior year retained earnings $40,723

net profit is $36,500

dividends is $15,000

*retained earnings for the year=$40,723+$36,500-$15,000=$62223

8 0
3 years ago
Chu Company provided the following information related to its inventory sales and purchases for December Year 1 and the first qu
rosijanka [135]

Answer:

Option (a) is correct.

Explanation:

For February,

Opening inventory would have been:

= 25% of February

= (25% × $89,000)

= $22,250

Ending inventory would have been:

= 25% of March

= (25% × $59,000)

= $14,750

Hence,

Cost of goods sold = Opening inventory + Purchases - Ending inventory

$89,000 = $22,250 + Purchases - $14,750

Purchases = $89,000 + $14,750 - $22,250

                  = $81,500

Therefore, the budgeted purchases of inventory in February Year 2 would be $81,500.

4 0
3 years ago
Which of the following is not considered a credit?
Serga [27]

Answer:

which of the following is not considered a credit?

overdraft fee

Explanation:

5 0
3 years ago
a power company decides to use wind turbines to provide electricity instead of coal. which basic economic question does this dec
Rufina [12.5K]

How will goods or services be produced? is the basic basic economic question does this decision answer in a free market economy.

<h3>What is a Market economy?</h3>

In a market economy, firms and individuals interact to determine how much goods and services should cost and how to best allocate scarce resources. This word often refers to an economy that is more market oriented overall, however there may be some government intervention or central planning.

Classical economists like Adam Smith, David Ricardo, and Jean-Baptiste Say created the theoretical framework for market economies. These traditional liberal proponents of the free market thought that the "invisible hand" of the profit motive and market incentives typically led economic decisions in directions that were more productive and efficient than government economic planning.

Learn more about market economy

brainly.com/question/11471834

#SPJ4

6 0
1 year ago
What characteristics of weak noncovalent interactions enable the assembly, stability, and functions of biomolecules?
Vesna [10]
Non covalent interactions within the macro molecules determine the three dimensional structures of the macro molecules. Non covalent interactions are also involved in many biological processes in which large molecules bind specifically and transiently to one another. <span />
8 0
3 years ago
Other questions:
  • Rachel jogs in the morning. her friend, who is jogging behind her, only has a 50 percent chance of calling out to her when she i
    11·2 answers
  • Frankie is in charge of writing a script for a television show, along with six other writers. The script must be finished by the
    8·1 answer
  • Within the domain of logistics management, the customer service concept implies that firms should:
    15·1 answer
  • Explain the importance of decision making in management
    12·1 answer
  • Stripes Inc. has a noncontributory defined pension plan for its employees. During 2020, the company had service cost of $45,000,
    6·1 answer
  • Lesco's is evaluating a project that has a different level of risk than the overall firm. This project should be evaluated: Grou
    6·1 answer
  • Suppose that the market for painting services is perfectly competitive. Painting companies are identical; their long-run cost fu
    6·1 answer
  • Imagine that in the current year the economy is in long-run equilibrium. Then the federal government reduces its purchases of go
    6·1 answer
  • a high school in a low-income area offers special programs to help students acquire the technical skills needed to find jobs as
    12·1 answer
  • Cash may not include:
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!