When an individual weighs her options and makes a choice that maximizes her benefit at the minimum cost, economists refer to this as a process of... rational decision making. You just studied 8 terms!
Answer:
mid-calorie soft drinks such as Pepsi Next (2012) have not been successful in the past.
Explanation:
The new Pespsi true is a great product that offers the advantage of having the same flavor as Pepsi but lower calorie content of only 60 calories. This should sell well with consumers that are looking for lower calorie options.
However if there was a similar product like Pepsi True called Pepsi Next in 2012 that was mid-calories and was not successful, this could be a show stopper. People's perceptions of Pepsi Next will affect Pepsi True as they will feel it is just a repackaged Pepsi Next.
This will most likely lead to failure of the product similar to what happened with Pepsi Next.
The percentage of the disposable income that is discretionary is equal to 30.82% if the amount left after fixed expenses is $900.
As the amount left after payment of the fixed expenses is $900, this is said to be the discretionary income because discretionary income is equal to the disposable income minus fixed expenses.
Now we can calculate the percentage of disposable income that is discretionary as follows;
percentage of disposable income that is discretionary = (discretionary income ÷ disposable income) × 100
% discretionary income = (900 ÷ 2,920) × 100
% discretionary income = 90,000 ÷ 2,920
% discretionary income = 30.82%
Hence, 30.82% of the disposable income is calculated to be discretionary if the disposable income is $2,920 and the amount left after payment of fixed expenses is $900.
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Answer: Joint by the FED and by the behavior of individuals who hold money and of banks which money is held.
Explanation: The Federal Reserve System, often referred as the Federal reserve or simply "the fed", is the central bank of the united states. It was created by the congress to provide the nation with a safer, more flexible, and more stable monetary and financial system. The FED was created on December 23, 1913, when president Woodrow Wilson signed the FEDERAL RESERVE ACT into law. The Fed and the behavior of individuals not only define how much money are available, they can also define macroeconomic indicators like inflation.
