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MrMuchimi
3 years ago
11

List at least three categories from your budget that show where your money will go.

Business
1 answer:
Helga [31]3 years ago
8 0

The following are the three categories from my budget where I spend lot of money:

i) Housing

ii) Transportation

iii) Living Expenses

<u>Explanation</u>:

Budget means preparing an estimation of expense list for specific period of time based on the income. Framing a budget can help in saving money. The budget sheet helps to decide on what to spend and how much to spend for a month.

Even though we make budget, there are some categories which consume huge amount. Some of them are housing, transportation, living expenses, debt payoff and savings.

The rent of the house depends on the area of living. It is important to choose the house with rent of 35% or less of the take home income of an individual.

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3 years ago
Match the careers to the consumer service industry to which they belong.
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Answer:

The correct answers are:

1. Actor, writer, musician  : entertainment.

2. Dietician, optician  : health care.

3. Litigator, paralegal, attorney  : legal industry

Explanation:

Industries dedicated to consumer service are those whose product is directed directly to a consumer, and not to a company.

The product they offer is a service, and not a material good.

These industries will have professionals or people specialized in the subject who will be in charge of offering and selling this product.

That is what we see in the examples.

The health industry will offer services dedicated to health, therefore it will have professionals dedicated to this field.

The legal industry will have services dedicated to legal issues such as a lawyer, a litigator, etc.

And the entertainment industry will be dedicated to shows, this is where actors, musicians or writers come in.

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4 years ago
Suppose every student in a class is surveyed and it is found that? 75% of the class plans to take another math class. it is repo
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3 years ago
In order to make sure it is possible to clean the floors under shelving units in food establishments, the shelves must be at lea
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The price of digital cameras fell because of improvements in production technology. As a result, the demand for non-digital came
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Answer:

The answer is: B) The statement is false. A decrease in the price of digital cameras would decrease the demand for non-digital cameras, but a decrease in the price of non-digital cameras would not cause the demand for non-digital cameras to decrease.

Explanation:

Suppose we are not currently living in 2019, instead we are back 12 years to 2007 (before the iPhone). Back then , digital cameras were still used by common "unprofessional" users. Digital cameras were an improvement compared to non-digital cameras, so the price of non-digital cameras were much lower than their digital counterparts.

If the price of digital cameras decreased, then the price of non-digital cameras would decrease also. For example, if luxury car companies like Mercedes Benz started selling sedan cars for $20,000, Ford and Chevrolet would be forced to lower the price of their cars since they wouldn't be able to compete with MB at the same price.

But a decrease in the price of non-digital cameras would never decrease their demand. Something else would have caused that decrease. Probably digital cameras became so cheap that everyone could afford one and since they were so much better than non-digital cameras, people simply stopped buying non-digital cameras.  

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