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2 years ago

What money management skills?

Business

1 answer:

VLD [36.1K]2 years ago

5 0

Answer:

Money management skills are the abilities to control your spending and money and be able to prepare for the future.

Explanation:

by preparing for the future, I mean saving up your money while still using enough so you have food and clothes and other necessities. and by being able to control it, I mean not spending your money on useless things like a box chicken or fancy luxurious scissors.

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The price of a camera decreases from $200 to $180, and in response to the price change the quantity demanded increases from 60 t

bonufazy [111]

The price of a camera decreases from $200 to $180, and in response to the price change the quantity demanded increases from 60 to 70 units. Therefore, demand for cameras in this price range is inelastic.

An economic word known as "inelasticity" describes an item or service's unchanging quantity when its price varies. When prices rise, consumers' purchasing patterns essentially stay the same, and when prices fall, those same purchasing patterns still hold true. This is known as inelastic demand. When an item or service's quantity remains constant when its price increases, it is said to be "inelastic. "When a good or service's price increases or decreases, consumers' purchasing patterns essentially stay the same. The same is true when the price of the good or service decreases. The demand for an item or service that is totally inelastic would not fluctuate regardless of price; however, no such good or service exists. Elastic contrasts with inelastic.

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1 year ago

Managing Financial Information Project: Analyzing Consumer Protections Active

3241004551 [841]

Answer:

you want me to do a whole project?!

Explanation:

5 0

3 years ago

Read 2 more answers

Commerce Corporation has a high probability of operating at 40,000 activity hours during the upcoming period, and lower probabil

Zepler [3.9K]

Answer:

Total cost= $877,500

Explanation:

First, we need to calculate the unitary variable cost:

Unitary variable cost= 135,000 / 30,000= $4.5

Unitary variable cost= 180,000 / 40,000= $4.5

Unitary variable cost= 225,000 / 50,000= $4.5

Now, the total cost for 35,000 hours:

Total cost= Unitary variable cost*total number of hours + fixed costs

Total cost= 4.5*35,000 + 720,000

Total cost= $877,500

4 0

2 years ago

Sharon is thinking about opening a bakery. She knows she wants to set her own hours, reduce her stress and make a profit. But sh

Tems11 [23]

What are the options?

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3 years ago

Service Department Cost Activity Base for Allocation Graphics Production $200,000 number of copies Accounting 500,000 number of

Mandarinka [93]

Answer:

$350,000

Explanation:

Production = $200,000 number of copies

Accounting = $500,000 number of invoices processed

Personnel Department = $400,000 number of employees

These are all service cost

Total number of copies = 20,000 + 30,000 + 50,000 = 100,000

Total number of invoices processed = 700 + 800 + 500 = 2,000

Total number of employees = 130 + 145 + 125 = 400

Rate per service shall be as follows:

Production = $200,000/100,000 = $2 per copy

Cost of Super Division = $2 $\tiimes$ 50,000 = $100,000

Accounting = $500,000/2,000 = $250 per invoice

Cost of Super Division = $250 $\tiimes$ 500 = $125,000

Personnel Department = $400,000/400 = $1,000 per employee

Cost of Personnel Department = $1,000 $\tiimes$ 125 = $125,000

Total service cost of Super Department = $100,000 + $125,000 + $125,000

= $350,000

8 0

3 years ago