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Mrrafil [7]
2 years ago
12

Mark wants a new car that costs $30,000. He only has $500 in his savings account and $300 in his checking account. Which financi

ng option should he choose
Business
1 answer:
Ludmilka [50]2 years ago
6 0

If you answer choices are:

A.) Purchase the car with a 10 percent down payment.

B.) Lease the car with a 0 percent down payment.

C.) Lease the car with a 35 percent down payment.

D.) Purchase the car with a 20 percent down payment.

Than your answer is:

B.) Lease the car with a 0 percent down payment.



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On the demand side of GDP, consumption by _____________ is the largest component of GDP, accounting for about two-thirds of the
Tpy6a [65]

Answer:

The correct answer is <em>households.</em>

Explanation:

The final consumption expenditure of households (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines and personal computers), purchased by households. Home purchases are excluded, but includes the imputed income of the homes occupied by their owners. It also includes the amounts and fees paid to governments to obtain permits and licenses. In this case, household consumption expenditure includes the expenses of nonprofit institutions that provide services to households, even when the country reports them separately. This item also includes any statistical discrepancy in the use of resources in relation to the supply of resources.

5 0
2 years ago
Dumphy and Funke are rival tattoo artists in the small town of Feline. There are no other tattoo artists in town. It costs $30 t
Soloha48 [4]

Answer: price competition

Explanation:

The type of competition would Funke and Dumphy likely engage in after the decrease in demand is price competition.

Price competition simply means when the companies in a particular industry lower their prices afsubst the prices of identical products in order to boost demand and sales.

Since there's a reduction in demand, Dumphy and Funke will engage in price competition to boost sales.

8 0
2 years ago
During a recession, median income falls by 15%. if the demand for grapes falls by 12%, grapes are a(n) _____ good with an income
IgorLugansk [536]
<span>Grapes are a(n) "normal good" with an income elasticity of demand of "0.8". A normal good is a good for which an increase in income results in increased demand, while decreased income results in decreased demand. Thus, we know that the first blank is "normal good" by the definition of a normal good becuase median income fell and demand for grapes fell. The X elasticity of demand is given by (%change in Demand)/(%change in X), where x is any economic variable (income in this case). Thus, to find the elasticity, we divide 12% by 15%. 12%/15%=.08.</span>
7 0
2 years ago
As operations manager, you are concerned about being able to meet sales requirements in the coming months. You have just been gi
sineoko [7]

Answer:

The average of the monthly productivity figure is  1.51 units per machine hour

Explanation:

For computing the average of the monthly productivity, first we have to compute the total hours, and then units per machine hours

So, the formula to compute the total hours equals to

=  Hours per machine × Number of machines

For JAN = 307 × 4 = 1,228 hours

For FEB = 186 × 6 = 1,116 hours

For MAR = 382 × 5 =  1,910 hours

For APR = 307 × 6 = 1,842 hours

Now, the units per machine hours equals to

= Units produced ÷ total hours

For JAN = 2,175 units  ÷ 1,228 hours = 1.77

For FEB = 2,175 units  ÷ 1,116 hours = 1.94

For MAR = 2,175 units  ÷ 1,910 hours = 1.13

For APR = 2,175 units  ÷ 1,842 hours = 1.18

Now, the average of the monthly productivity equals to

= ( 1.77 + 1.94 + 1.13 + 1.18) ÷ 4

= 1.51 units per machine hour

7 0
2 years ago
CMN Inc. uses LIFO and has experienced increasing costs since its founding. CMN disclosed that the LIFO reserve (also known as t
Neporo4naja [7]

Answer:

$20 million

Explanation:

The computation of the ending inventory if FIFO is used

= LIFO reserve + Ending inventory based on LIFO inventory

= $3 million + $17 million

= $20 million

We simply added the LIFO reserve and LIFO ending inventory so that FIFO ending inventory can be computed. Hence, we take all the items for the computation part.

7 0
2 years ago
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