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
LuckyWell [14K]
2 years ago
15

1. What's the main reason our culture has normalized credit cards over the past 60 years? What can we do to change the normaliza

tion of debt in the future?​
Business
1 answer:
Alexandra [31]2 years ago
8 0

Our culture has become accustomed to debt mainly because the capitalist system in which we find ourselves favors the management of loans for the acquisition of goods and services.

These, due to their cost, are difficult or impossible to access through cash payments without any type of installment or ease of payment.

Therefore, credit cards are ways of acquiring debt to finance certain consumption, which is why they have become a financial tool that is totally socially accepted.

Learn more in brainly.com/question/12299831

You might be interested in
Suppose Nike's managers were considering expanding into producing sports beverages. Why might the company decide to do this unde
lara [203]

Answer:

Te correct answer is the first option: The cost of producing sports beverages along with its current products under the Nike brand name <u>is less</u> than the cost of producing sports beverages under a new brand name plus the cost of producing Nike's current products under the Nike brand name

Explanation:

To begin with, the fact that the managers are looking forward to expand the business and to aggregate sports beverages indicates that the company is doing good in the sales and therefore they have margin to invest in a plan like that. Secondly, the fact that they do it under Nike's name will cost them less than doing it otherwise due the fact that they will not have to pay for a new name and all the registrations and patents that the strategy involves. They will only need to register the new product and even more they would have all the marketing campaign focus on the same audience and will find strength in using the brand and name of Nike for that, in terms of publicity.

4 0
3 years ago
Drag the tiles to the boxes to form correct pairs.
Arada [10]

Answer:

WWW = indicates that the website  the World Wide Web

Domain Name= indicates the type of organization  that the website belongs to

Resource ID = indicates where the file resides  on a web server

Server Name= indicates name of the server  that hosts the website

Explanation:

8 0
3 years ago
_____ is the study of how resources are distributed for the production of goods and services within a social system
Delicious77 [7]
Business and economics is basically the study of the production,distribution of resources to provide goods and services
6 0
3 years ago
If real income rises 4%, prices rise 1%, and nominal money demand rises 4%, what is the income elasticity of real money demand?
goblinko [34]

The income elasticity of real money demand d. 3/4

Increase in real money demand = Increase in nominal money demand - Increase in inflation = 4% - 1% = 3%

Income elasticity of real money demand = % increase in real money demand / % increase in real income

= 3% / 4%

= 3/4

Income elasticity of demand is a monetary measure of how responsive the amount of demand for a very good or provider is to trade-in earnings. The formulation for calculating earnings elasticity of demand is the percentage change in quantity demanded divided by using the percent change in earnings.

In economics, the profits elasticity of call for is the responsivenesses of the quantity demanded an amazing to an alternate in patron profits. It is measured because of the ratio of the share exchange in the amount demanded to the proportion exchange in profits.

If the earnings elasticity of call for is more than 1, the best or carrier is taken into consideration a luxury and profits elastic. An amazing provider that has an earnings elasticity of call for between zero and 1 is considered an ordinary correct and income inelastic.

Learn more about Income elasticity here: brainly.com/question/15899715

#SPJ4

5 0
2 years ago
Cane Company manufactures two products called Alpha and Beta that sell for $195 and $150, respectively. Each product uses only o
Savatey [412]

Answer and explanation:

a.

the table below shows the impact of dropping beta product

Loss of Contribution Margin if Beta is Dropped (75,000*64) -$4,800,000

Traceable Fixed Manufacturing Overhead (123,000*33)          $4,059,000

Incremental Contribution Margin from Additional Alpha Sales (15,000*72)

                                                                                                        $1,080,000

Increase in Net Operating Income if Beta is Dropped          $339,000

Notes:

Contribution Margin Per Unit (Beta) = 150 (Selling Price) - 15 (Direct Material) - 28 (Direct Labor) - 20 (Variable Manufacturing Overhead) - 23 (Variable Selling Expenses) = $64 per unit

Contribution Margin Per Unit (Alpha) = 195 (Selling Price) - 40 (Direct Material) - 34 (Direct Labor) - 22 (Variable Manufacturing Overhead) - 27 (Variable Selling Expenses) = $72 per unit

check the attached files for additional details

where 9=b, 10=c, etc

6 0
3 years ago
Other questions:
  • A U.S. firm is bidding for a project needed by the Swiss government. The firm will not know if the bid is accepted until three m
    7·1 answer
  • Consumers affect which goods and services are produced because they
    8·1 answer
  • Which is true of​ price-setters? A. Their pricing approach emphasizes target costing. B. Their pricing approach emphasizes​ cost
    15·1 answer
  • Corporate Fund started the year with a net asset value of $14.50. By year-end, its NAV equaled $14.00. The fund paid year-end di
    6·1 answer
  • Office Depot has instituted the Office Depot Advantage, a program in which a customer who spends a minimum of $200 up to $299 in
    10·1 answer
  • Terry Dactal has compiled the financial information displayed below. Which of the following is Terry’s net worth? Salaries $72,4
    13·1 answer
  • A manager of a large retail firm is interested in knowing what the company's product costs are. Which of the following would be
    13·1 answer
  • Taxpayers have a choice of deducting the standard deduction or their itemized deductions. therefore, blank______ agi deductions
    13·1 answer
  • you invest $15,000 at an annual rate of 8.25or one year. what is the difference in interest earned if your investment is compoun
    5·1 answer
  • How to come up with a good idea that you are going to start a business?
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!