Why do consumers have to make choices when spending their income

Answers

Answer 1

Answer:

They have to make choices because:

Generally, consumers are trying to get the most for their limited budget so must make wise choices to get the most out of their income.To be able to get the best-quality goods to suit their preference when buying.To avoid impulse buying.To avoid wastage of money due to impulse buying & improper planning.To get maximum number of items when buying,despite price increase.

Related Questions

Compare and contrast the five explanations for the emergence and persistence of nondemocratic regimes. Are there any explanations you find particularly compelling or unlikely? Why?​

Answers

Answer:

-small group of individuals exercise power over the state

-government is not constitutionally responsible to the public

-public has little or no role in selecting or removing leaders from office (more leeway for leaders to dictate policies)

-individual freedom is restricted

-might be institutionalized and legitimate

defined by their amount of freedom and equality

i hope this helped

What rights do states not have under the Constitution? HISTORY

Answers

Answer:

Article I, Section 10 of the Constitution of the United States puts limits on the powers of the states. States cannot form alliances with foreign governments, declare war, coin money, or impose duties on imports or exports.

Explanation:

States cannot declare war,coin money

A problem or decision facing a group of people two words.

Answers

Dividing responsibilities is a problem or a decision that two people may have to face.

What does it mean to divide responsibilities?

This is a way of assigning duties or tasks in between two people that are faced with equal duties.

This may lead to a problem on how the work would be delegated between them and also how to go about the tasks.

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In 3 John, John commends the elect lady and her children for their faithfulness in lovingly helping fellow Christians and strangers. true false

Answers

The answer to the question is false because 3 John is not about the  elect lady and her children.

What is the 3 book of John about?

This chapter of the book is mostly about the hospitality that has been shown to the people of Christian faith.

The book mostly highlights the importance of hospitality especially to the people that were spreading the gospel.

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how lack of responsible citizenship can lead to further cases of human rights violation within a community

Answers

The main way in which a lack of responsible citizenship can lead to further cases of human rights violation is a lack of accountability.

What is Responsible Citizenship?

This refers to the activity of citizens where they engage in acts or actions that helps their community and the government to make society better for everyone.

Hence, we can see that the lack of this in society, would lead to less accountability and would inevitably lead to further cases of human rights violations within the community.

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How does density determine what is found in each layer? (inside the earth layers)

Answers

Density layers the atmosphere and the interior of the Earth. Denser materials are at the heart of objects because gravity pulls them more forcefully. The Earth's core is denser than its crust at its center. The atmosphere's lower layer is denser than the upper layer.

Which of the following best describes
"equity?"
A. investing in a company
B. paying money back to a firm
C. printing more money for business use
D. buying products from a firm

Answers

Answer:

The sum of what the initial stockholders paid when they bought company shares and the earnings that the company has retained over the years.

Write down one main question you would like to ask an elected official who may be weighing in on transgender rights issues.

Answers

Answer:

why would it be ok for a transgender person to be able to joining the opposite gender sports team

Explanation:

As Joe and his family are with their therapist, they start talking about with Sarah, their youngest daughter who has been causing a lot of tension in the family. Their family therapist will most likely __________.

Answers

The thing which the family therapist would most likely do is to a. encourage growth and autonomy in each family member

What is Therapy?

This refers to the professional psychological intervention which is done to help people with their psychological problems.

Hence, we can see that based on the given family problem of Sars, who is their youngest daughter giving them tension and problems, the family therapist while counseling them would most likely encourage growth and autonomy in each family member

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A preschoolers friendships to be based on proximity. True or false?

Answers

Answer:

True

Explanation:

Since children often cannot explore on their own the location of their guardians choosing is most likely where their social life will remain.

Why shouldn't young people cohabit ?​

Answers

Answer:

Marriage is a big commitment, there's no doubt about it. It's natural to be a little nervous before jumping in. But the trends and recent studies suggest that more people today seem not only anxious about the prospect of marriage, they are shunning it. Of the various ways in which one can forge a family (marriage, cohabitation, or having a child without being married), cohabitation has become the most common.

One reason for this increased interest in cohabitation over marriage may not be the fear of the union itself, so much as a concern for the possibility of its collapse. In other words, it may be the looming prospect of divorce that's driving more people to choose the question "Will you move in with me?" over "Will you marry me?"

Explanation:

Making the assumption of no compounding interest, suppose you purchase a perpetuity bond from Vandalay Industries for $4,000 with an annual coupon rate of 3%. Specify all answers to the nearest dollar and assume a discount rate equal to that of the current interest rate.

1. What is the yearly return on your $4,000 investment?
yearly return: $______________

2. Changes in the economy push interest rates up from 3% to 5%. For how much can you sell your bond following this change in market interest rates?
price of bond: $______________

3. Suppose that interest rates instead change from 3% to 1%. For what price will you be able to sell your bond following this change in market interest rates?
price of bond: $______________

Answers

Answer:

yearly return: $120

price of bond: $2,400

price of bond: $12,000

Explanation:

To solve for the yearly return on the bond, simply multiply the value of the bond by the annual coupon rate. This yields

$4000 × 0.03 = $120

To calculate the price of a perpetuity bond following changes in the market interest rate, use the formula

price of bond = interest payment / yield

So if the yield on bonds is now 5% , the price of your existing bond from Vandalay Industries, which pays only 3% , falls to $2{,}400 since

$120 / 0.05 = $2400

However, if market interest rates fall to 1% , then the 3% yield on your current bond becomes very attractive to investors.

$120 / 0.01 = $12000

As such, investors would pay $12,000 for your bond when interest rates fall to 1% .

Although perpetuities may seem to be an unusual form of investment, note that the pattern of the bond price varying inversely with interest rates is common to other types of bonds.

Considering the heart-breaking news about educational field trip related accidents, are you in favor or disfavor in continuing this school activity? why?​

Answers

To make an argument for or against continuing educational field trips, in-depth research must be carried out, to generate greater consistency to the argument.

How to create an argument?

It is essential that your position against or in favor of a topic is formed from reliable sources, such as indexes and books, which generate greater reliability and persuasion about your point of view.

Therefore, if you are in favor of continuing educational trips, your argument may be that, in order to avoid accidents, compliance with safety regulations is necessary, and explain about the benefits of the activity.

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The full employment level of real GDP is $6 billion for the recently formed island nation of Turtleopolis. Use the line segment to show long‑run aggregate supply on the graph.

Answers

Answer:

*see image*

Explanation:

The long‑run aggregate supply curve is vertical at the point of full employment GDP. In this case, it is $6 billion. A change in the price level will not affect the production capabilities of an economy in the long run. LRAS is at the same point of real GDP for every price level. The LRAS curve will shift when the economy experiences growth, but, even then, it will maintain its vertical shape.

The potential output of an economy depends on three factors: human capital, physical capital, and technology. For each item below, indicate whether it affects human capital, physical capital, or technology.

a. An improvement in adult literacy
b. An increase in the college student population
c. The development of smaller mp3 players
d. The acquisition of computers by companies
e. New distribution techniques

WORD BANK
human capital
physical capital
technology

Answers

Answer:

a. human capital

b. human capital

c. technology

d. physical capital

e. technology

Explanation:

Growth is generated by three main sources: growth of human capital, growth of physical capital, and technological advance. Human capital is the knowledge and skills of the workforce. While human capital need not be measured in schooling, years of education is a good proxy for the quantity of human capital in a society. However, literacy and continued education in one's career also contribute to a society's store of human capital.  

Physical capital refers to the physical goods used to produce output. This includes machines, computers, factories, office building, etc. You may have been tempted to categorize computers as technology, but technology refers to the methods and techniques used in various human endeavors, including production. Once developed, a computer itself is a physical machine that helps in the production process.

Technology is the application of knowledge to achieve practical ends. Technological advance explains the increase in output that would be possible if human and physical capital were constant over time. Technological advance often arises from the growth of knowledge, e.g., of management techniques, chemical properties, programming structures, distribution techniques, communication networks, transportation methods, and so forth.

Donny, of Donny's Doughnuts, bakes and sells 100 dozen doughnuts a day using one mixer and one fryer. His rival, Sunshine, of Sunshine's Doughnuts, produces 180 dozen doughnuts a day using two mixers and two fryers. Both shops use the exact same technology to make doughnuts and have the same number of workers and the same size building. Donny and Sunshine both increase their capital equipment by one mixer and one fryer.

1. Which shop will benefit the most from its expansion?
a. The shops will benefit equally because they are using the same quantity of equipment.
b. Donny, because his workers currently have less available capital to work with.
c. The local weight‑loss clinic, because the number of doughnuts consumed will increase.
d. Sunshine, because her operation was producing more doughnuts to start with.

2. How much should Donny realistically expect his production to increase with the new equipment?
a. at least 100 dozen
b. about 50 dozen
c. about 80 dozen

3. How much should Sunshine realistically expect her production to increase with the new equipment?
a. at least 100 dozen
b. at least 80 dozen
c. about 50 dozen

Answers

Answer:

b. Donny, because his workers currently have less available capital to work with.

c. about 80 dozen

c. about 50 dozen

Explanation:

Because the two shops are identical in every respect except the amount of capital equipment they use, you can see that diminishing returns is taking place by comparing the two firms.

Donny produces 100 dozen doughnuts using one mixer and one fryer. Sunshine has twice as much equipment but produces less than twice as many doughnuts, 180 dozen. The second set of equipment does not increase her production as much as the first set did.

So, if Sunshine adds a third set of equipment (without adding more workers to use it), that third set will increase her output even less than the second set did. So, Donny can expect the second set of equipment to increase his output by about 80 dozen, while Sunshine should expect her third set of equipment to increase her output by less than 80.

People who might need to retrieve part or all of their investment relatively soon, such as the elderly, are often advised to invest a higher percentage of their money in bonds, and thus a lower percentage in stocks, than people who can leave the investment untouched for decades. We know, however, that bonds typically have a lower rate of return than stocks.

Why would people be advised to invest in assets that give lower average rates of return?
a. This is bad advice. People should always invest in whichever assets have the highest average rate of return.
b. Although stocks have a higher rate of return in the long run, they are much more volatile, or riskier, in the short run. Therefore, there is a higher probability that the value of the stocks will be less than the original value of the investment for people who might need to withdraw the investment in the short run.
c. Since bondholders get paid before stockholders in the event of bankruptcy of a firm, the average "real" rate of return on stocks and bonds will be the same, with bonds being less risky.
d. Although stocks have higher average rates of return in the long run, bonds have higher average rates of return in the short run. Therefore, bonds are likely to be more profitable for people who might need to get their investment back in the short run.

Answers

Answer:

b. Although stocks have a higher rate of return in the long run, they are much more volatile, or riskier, in the short run. Therefore, there is a higher probability that the value of the stocks will be less than the original value of the investment for people who might need to withdraw the investment in the short run.

Explanation:

The relationship between risk and return plays an important role here. Although stocks have higher returns on average, they are much riskier. One way in which this higher risk can manifest itself is through a portfolio value that fluctuates a lot. So, it is more likely that $1,000 invested in a diversified stock portfolio will be worth only $800 at some point than $1,000 invested in a diversified bond portfolio. If the investor is going to need that $1,000 back at some point soon, then it might be wiser to invest in the lower‑average‑return bond portfolio.

Stocks surely have higher rate of return in the long run but are highly volatile in the short run. If an investor, especially older person, who might need his money in the short run may find that his current value of stock is less than the value of investment. Thus the investor may incur a net loss even if the stock may have high rate of retun in the long run. Hence it is advisable to invest more in bonds if money is to be withdrawn in the short run.

People who drink coffee are more likely to develop cancer.
For this statement, which could be a hidden variable? Check all that apply.

A. The amount of coffee consumed
B. Which people were selected for the sample
C. Age
D. Cars driven by people who drink coffee

Answers

From this question the hidden variable of the people could be the

Age Which people were selected for the sample

What is a hidden variable?

This is another term for what is referred to as a confounding variable. These are the types of variables that would have an indirect effect on the endogenous variable.

The variables here are the age of the person that is drinking coffee and the people used in the study.

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Explain in paragraph form what taxes are and on what types of things we tax.

Answers

Answer:

The answer is

We tax/use regular taxes.

Explanation:

Taxes are from the government each month who are in need of money. Taxes are always used. If someone decides to stop paying taxes for a while, then it is considered tax fraud. Tax fraud can get you arrested for a good while so I wouldn't risk doing it. Most taxes from the government are the ones we recieve each month when paying our homes. Some other taxes that we usually have to pay is when buying food. For example, if I were to buy a Hotdog at Costco for $1.50, usually sometimes it comes with an extra $0.80-$1.20, depends where you live.

Hope this helped! :^)

- ✨7272033Alt

Submitted on: 4/8/2022 at 1:40 PM

Taxes are a charge of currency from the government. Some things we get taxes on are scholarships, social security, and some large items that you can buy. We have to pay taxes for many reasons. Taxes get used by the government for improving roads, schools, and a bunch of public services. The government can use your tax money to pay unemployed people, help people with disabilities for their medical bills, etc. The government will also use taxes for your debt.

Pretorius wanted to investigate widows as victims of financial exploitation. She began her study by locating a few such widows by means of an article focusing
on the problem of the financial exploitation of widows that appeared in a local suburban newspaper. She then asked each of these widows for the names of
other widows who were victims of financial exploitation that might be interested in being a part of her study. which sampling strategy did she use?
A. purposive
B. available subjects
C. snowball
D. quota
E. selecting informants

Answers

Based on the fact that Pretorius wanted the widows to identify other widows who were exploited, this is a C. Snowball sampling technique.

What is the snowball sampling technique?

This is a technique where those who are being studied are used to find other people to be studied because the original ones might know others in their situation.

The widows in this instance were used to find other widows who could have been exploited so this is snowball sampling.

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The Code of Hammurabi stated that _____________ .
A) wealthy merchants were expected to help the poor
B) every criminal would be punished by losing an eye
C) the punishment would fit the crime

Answers

Answer:

C) the punishment would fit the crime

Explanation:

Hammurabi's Code is one of the most famous form of retaliatory justice commonly associated with the saying “an eye for an eye.” Under this system, if a man broke the bone of one his equals, his own bone would be broken in return.

How did Aksum rise to power?
'

Answers

Answer:

under the leadership of King Ezana

Explanation:

Aksum reached its peak under the leadership of King Ezana who ruled from around 325 CE to 360 CE. During this time, Aksum expanded its territory and became a major trade center. It was under King Ezana that Aksum conquered the Kingdom of Kush, destroying the city of Meroe. King Ezana also converted to Christianity.

Select the term that matches each definition.

a. when the government receives more in taxes than it spends in a given time period
b. when government spending and taxes are equal
c. when the federal government spends more than it collects in taxes in a given time period
d. the total accumulated amount that the government has borrowed and not yet paid back over time

WORD BANK
budget surplus
government debt
balanced budget
budget deficit

Answers

Answer:

a. Surplus budget

b. Balanced budget

c. Budget deficit

d. Government Debt

Explanation:

The terms budget surplus, budget deficit, and balanced budget all characterize the difference between the amount that the government spends and collects over some time period.

When the government collects more in tax revenue than it spends, a budget surplus occurs. Taylor notes that surpluses occurred during President Clinton's second term in office but that they went away when President Bush took office.

When the government spends more than it collects in tax revenue, a budget deficit occurs.

When the government spends the same amount that it collects in tax revenue, a balanced budget occurs.

Government debt is the accumulation of deficits and surpluses across time. Government debt is a measure of what the government owes.

The Following correctly matches each definition.

budget surplus: when the government receives more in taxes than it spends in a given time period.

balanced budget: when government spending and taxes are equal

budget deficit: when the federal government spends more than it collects in taxes in a given time period.

government debt: the total accumulated amount that the government has borrowed and not yet paid back over time.

What is the meaning of a Surplus Budget?

When income exceeds expenditures, there is a budget surplus. When a government runs a surplus, it has extra money that it can reinvest or use to pay off debts. The inverse of a surplus is a deficit. When government spending exceeds revenue, the government must borrow money to fund spending.

Thus, the mentioned above are correctly matched with its description.

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give any four importance of being committed to the family​

Answers

Answer:

Families are stronger when members are hitched together as one owing to their shared affiliation with God. A shared commitment to God's word can provide families with a sense of meaning and purpose in life which can propel them to stay together. They can achieve the right perspective of life's struggles and challenges.

Families are stronger when members are hitched together as one owing to their shared affiliation with God.

What is Family?

A group of individuals related by blood, marriage, or adoption.

A family usually consist of the parents and their children and people who are tied to the parents and children and together by blood or marriage. Family composition is the people who make up a families, this amount of members, the peoples ages, and everyone's relationship to each other.

Families are stronger when members are hitched together as one owing to their shared the affiliation with God. A shared commitment to God's word can provide families with a sense of meaning and purpose in life which can propel them to stay together. They can achieve the right perspective of life's struggles and challenges.

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PLS ANSWER ALL, THANK YOU!
In the blank at the left, write the letter of the choice that best completes the statement or answers
the question.
7 Points
___ 1. To avoid the concentration of power, the states divided government functions between the
_?_.
A. people and the governor
B. people and legislature
C. governor and the president
D. governor and the legislature
Continue on next page.
___ 2. Under most state constitutions, which government branch was most powerful?
A. the judicial branch
B. the legislative branch
C. the executive branch
D. none
___ 3. Which of these functions could the national government not perform under the Articles of
Confederation?
A. conduct foreign affairs
B. impose taxes
C. maintain armed forces
D. issue currency
___ 4. How many states had to approve the Articles of Confederation?
A. 13
B. 9
C. 11
D. 10
___ 5. What area did the ordinance passed in 1787 create?
A. Mississippi River valley
B. Appalachia
C. Northwest Territory
D. Ohio River valley
___ 6. When could a territory apply for statehood?
A. when it abolished slavery
B. when it elected a governor
C. when it wrote a constitution
D. when its population reached 60,000
___ 7. How did Robert Morris propose to pay off the national debt left over from fighting the
Revolutionary War?
A. 5 percent state sales tax
B. 5 percent import tax
C. 5 percent national income tax
D. 10 percent inflation tax

Answers

Answer:
1.D.
2.C.
3.C.
4.D.
5.D.
6.B.
7.C.
Explanation:
please mark me as the brainiest

who was the most important person in 1860

Answers

Answer:

M. Visvesvaraya, Lizzie Borden, Anton Chekhov, Jane Addams, Gustav Mahler and many more.

Explanation:

To which region did people migrate to find gold in 1849? ​

Answers

In 1849 gold was discover in California so everyone migrated there. This transformed the landscape and population of California.
Hope this helps.

Exercise 1.) Why are Panchaibajas so called?​

Answers

Answer:

Its envious

Explanation: The Panche baja is a set of five traditional Nepali musical instruments that are played during holy ceremonies, especially marriages

Having an attitude of respect can help us
in all of the following ways EXCEPT:
A. change how we view ourselves
B. change how we view others
C. allow us to judge ourselves
D. change how we act towards others

Answers

Answer:

Allow us the judge ourselves

Explanation:

When you respect yourself the judgement you feel towards yourself decreases. you can respect other people for who they are but you also respect yourself.

d. change how we act towards others

Who started the fight between Hamilton and jefferson

Answers

The feud between Hamilton and Jefferson began as a battle for the approval of George Washington. When Washington became America's first president in 1789, he appointed both men to serve in his cabinet, Hamilton as Secretary of the Treasury and Jefferson as Secretary of State.
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Xavier and Carlos have a bet to see who can get more friends on a social media side after 1 month. Carlos has 10 more friends than Xavier when they start the competition. After much work, Carlos doubles his amount of friends and Xavier triples his. In the end they have a total of 160 friends.a. Write a system of equation that matches the verbal description given below if c = number of Carlos friends and x = number of Xaviers friends. Which of the following best explains why few impact craters are found on earth?A. Impacts on earth do not form craters.B. Erosion has erased most of the impact craters on earth.C. Most impacts occurred before earth was formed.D. Few impacts have occurred on earth. The study of the flow of energy and its transformations is called:. List three activities or things that will disrupt good sleep. What did the southern states such as South Carolina still depend on for their economy after the civil war Tomijia and her nine classmates took a standardized test. Their scores were: 42, 44, 56, 71, 74, 83, 89, 90, 90, 92 If Tomijia received an 89 on the test, which percentile is she in? The most heavily populated region of Canada is:the Pacific regionthe Interior Plainsthe Appalachian regionthe St. Lawrence Lowlands regionthe Canadian Shield What is the primary goal of USMCA? (5 points)1. To eliminate barriers to trade and investment between Canada, Mexico, and the U.S.2. To ensure maximum tax revenue for Canada, Mexico, and the U.S.3. To prevent cultural diffusion across national lines in North America4. To replace national currencies with a North American version of the Euro Need help on this question what is the slope of line QX? X(5,5) and Q(4,1) Four why is understanding the structure of the earth important One of the corners of a rectangle is shown.A diagonal splits the corner into two angles.20. Diagram notdrawn to scaleWork out the size of angle x. If your report is supposed to convince your schools principal to change a school rule, what should include in your draft?what your parents have said the ruleexamples of how the rule harms studentsreasons why you dont like the rulenames of friends of yours who also dont like the ruleplease hurry concepto de administracin publica The average (mean) of five numbers is 8. If one of the numbers is left out, the average of the remaining numbers is 7. What number is left out? B8 C 10 A 7 D 12 A physicist would not be consulted on the design for which of the following?OA. Golf ballsB. CurtainsC. AircraftD. Solar panels Khalil is 1.65 meters tall. At 3 p.m., he measures the length of a tree's shadow to be34.55 meters. He stands 30.4 meters away from the tree, so that the tip of his shadowmeets the tip of the tree's shadow. Find the height of the tree to the nearesthundredth of a meter.1.65 m30.4 m34-55 m can someone help with this? The difference between your income and your costs in a given time period is called which ? 1) liability 2) Cash-Flow Balance3) Guaranteed Minimum 4) Cash cow Please help thank you Purvik and nisha spent a summer day at a popular amusement park with friends. they rode roller coasters, ate cotton candy, and played carnival games to win prizes. explain how each of the following might have played a role in their day