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Shalnov [3]
3 years ago
15

Consumer wealth is defined as the total value of ______. Multiple choice question. assets minus the total value of liabilities a

ll investments plus the money in the bank all investments plus the money in the bank minus debt total assets
Business
1 answer:
Zepler [3.9K]3 years ago
6 0

Answer:

Asset minus the total value liabilities

Explanation:

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Security in the form of assets you pledge to a lender.
Anuta_ua [19.1K]
C is the answer. Hope this helps.
6 0
3 years ago
Read 2 more answers
McGregor Company allows customers to pay with credit cards. The credit card company charges McGregor 3% of the sale. When a cust
Liono4ka [1.6K]

Answer:

C. Debit Service Fee Expense for $6

Explanation:

McGregor only uses the services of the Credit Card company for their own activities, therefore, aside from the income of the service provided of $200, the credit card company will charge McGregor for the use of credit card services by the customer.

As such, since it is the decision of the customer to pay with a credit card, then the customer must bear the service fee expense of 3% of the cost of the service which is $6. Hence, Option C is correct. It means aside the $200 for the service, there is a need to debit service fee expense for $6

Option D is wrong because only $200 is service revenue, it has to be clearly stated that the 3% of $6 is different from the service revenue and should be debited as service fee.

If the customer is reluctant to make the payment, then there is an allowance to pay cash instead of using the credit card service.

5 0
3 years ago
Julio receives utility from consuming food​ (F) and clothing​ (C) as given by the utility function . In​ addition, the price of
AleksandrR [38]

​Julio's marginal rate of substitution equals is: 0.38, which is the price of food divided by the price of clothing.

<h3>Marginal rate of substitution</h3>

Using this formula

Marginal rate of substitution=Price of food/Price of clothing

Let plug in the formula

Marginal rate of substitution=$3 per unit/$8 per unit

Marginal rate of substitution=0.375

Marginal rate of substitution=0.38 (Approximately)

Therefore ​Julio's marginal rate of substitution equals is: 0.38, which is the price of food divided by the price of clothing.

Learn more about  marginal rate of substitution here:brainly.com/question/13401044

#SPJ1

6 0
1 year ago
Consider the all-units quantity discount schedule below. Quantity Ordered Price Per Unit EOQ at that Price 1-499 $300 952 500-99
UkoKoshka [18]

Answer: B. 1023, 1500, 2000}

Explanation:

The Optimal solution should contain the set of quantities that would require the lowest no. of orders to achieve a discount in a class.

1,023 is quite close to the lowest amount required of 1,000 in the 1,000 to 1,499 range.

So are 1,500 and 2,000.

Option D can also work but it has too many order quantities and will inflate the price.

The Optimal Solution therefore has to be from this option.

5 0
3 years ago
Poverty reduction
Alborosie
Over 6,000 people that what the answer is
4 0
3 years ago
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