Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Feb 07, 2024

A car is: A consumer good if it is used for fun by a family. A capital asset if it is purchased by a company

A car is:

A consumer good if it is used for fun by a family.

A capital asset if it is purchased by a company for business purposes.

A capital good if it is used to provide public transportation service.

All of the above.

None of the above.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

The detailed answer for the above question is provided below he answer is All of the above Heres why ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Marketing And Export Management

Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr

8th Edition

1292016922, 978-1292016924

More Books

Students also viewed these Economics questions

Question

★★★★★

Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...

Answered: 1 week ago

Question

★★★★★

Googles ease of use and superior search results have propelled the search engine to its num- ber one status, ousting the early dominance of competitors such as WebCrawler and Infos- eek. Even later...

Answered: 1 week ago

Question

★★★★★

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Answered: 1 week ago

Question

★★★★★

CMOS Chips is hedging a 20-year, $21 million, 8% bond payable with a 20-year interest rate swap and has designated the swap as a fair value hedge. The agreement called for CMOS to receive payment...

Answered: 1 week ago

Question

★★★★★

Collars A and B are connected by a 25-in.-long wire and can slide freely on frictionless rods. Determine the distances x and z for which the equilibrium of the system is maintained when P = 120 lb...

Answered: 1 week ago

Question

★★★★★

The amount of monthly rainfall varies from month to month and from city to city. Applied Example12. .5 on page 589 suggests that the average monthly rainfall is affected by both the month and the...

Answered: 1 week ago

Question

★★★★★

The probability for the intersection of two events equals the product of the probabilities for each event.

Answered: 1 week ago

Question

★★★★★

You are given the following information concerning four stocks: a) Using 20X0 as the base year, construct three aggregate measures of the market that simulate the Dow Jones Industrial Average, the...

Answered: 1 week ago

Question

★★★★★

A custoner pays a 51,000 imvoice oe the soventh day after purchasa Credt teems on the parchase were 310, n30. The busineas waid iscetire cath ameur ing n 51.000 51,639 5700 $970

Answered: 1 week ago

Question

★★★★★

1. Within days of the triplets arrival, Jamie Lee and Ross began researching and comparing various agencies for the purchase of a life insurance policy. What characteristics should Ross look for when...

Answered: 1 week ago

Question

★★★★★

(a) Muros. Limited ('Muros') owns the exterior walls of a commercial building in Hong Kong. it granted Tuen Mun Bank ('the bank') a licence ('the licence') to place a large sign with the name of the...

Answered: 1 week ago

Question

★★★★★

Case: Rob Parson at Morgan Stanley Should Parsons be promoted? Why or why not? Analyzing, how effective Nasr has been at managing Rob Parson. In retrospect, what could he have done more effectively?...

Answered: 1 week ago

Question

★★★★★

The call Marc received was from the sales representative for the Asia and Pacific region at Atlas Mining, a Quebec SME based in Trois-Rivires and specializing in mining equipment. The client had...

Answered: 1 week ago

Question

★★★★★

Very often, when formulating an optimization problem, it is convenient to use binary decision variables (variables that can take only the values 0 or 1). Denote the price of a particular SKU during...

Answered: 1 week ago

Question

★★★★★

Acme Inc. produces furniture, including chairs. Below is the BOM of one of their products (i.e. a chair). The number of parts needed are shown (e.g. We need 4 rails to make 1 leg assembly. At the...

Answered: 1 week ago

Question

★★★★★

Develop a business plan for your video security system. Include as detail information as possible. At least the following items should be included: list of materials along with price, labor cost,...

Answered: 1 week ago

Question

★★★★★

When the federal government decreases taxes, the immediate effect is A D shifts right AD shifts left AS shifts left AS shifts right Question 4 0 ( 1 point ) Monetary policy aims to affect which of...

Answered: 1 week ago

Question

★★★★★

What key concerns must functional tactics address in marketing? Finance? POM? Personnel?

Answered: 1 week ago

Question

★★★★★

Select a culture with which you have had contact. How does it differ from your own culture? How might these differences affect international marketing activities, business negotiations or ongoing...

Answered: 1 week ago

Question

★★★★★

Explain how the Internet may be a valuable source for information, for even the smallest-sized exporter.

Answered: 1 week ago

Question

★★★★★

Explain when the export firm should no longer be concerned with the pricing of its products.

Answered: 1 week ago

Question

★★★★★

Following are the quantities and prices for the years 2000 and 2014 for Kinzua Valley Geriatrics. Use 2000 as the base period. a. Determine the simple price indexes. b. Determine the simple aggregate...

Answered: 1 week ago

Question

★★★★★

The production manager of MPS Audio Systems Inc. is concerned about the idle time of workers. In particular, he would like to know if there is a difference in the idle minutes for workers on the day...

Answered: 1 week ago

Question

★★★★★

Refer to the data on the school buses in the Buena School District. a. Assume the distribution of the maintenance cost for the three bus manufacturers does not follow a normal distribution. Conduct a...

Answered: 1 week ago

Previous Question Next Question