When economists attempt to predict the spending patterns of U. S. households, they will typically view the as a primary determining factor that influences the individual consumption choices that each will make.
a. income level of each household
b. nation's perennial political debate
c. national average spending level
d. national average savings level

How supply and demand work together to reach the equilibrium price in the marketplace? give at least a paragraph. you!

The gomez company, a merchandising firm, has budgeted its activity for december according to the following information: • sales at $500,000, all for cash. • merchandise inventory on november 30 was $250,000. • the cash balance at december 1 was $20,000. • selling and administrative expenses are budgeted at $50,000 for december and are paid for in cash. • budgeted depreciation for december is $30,000. • the planned merchandise inventory on december 31 is $260,000. • the cost of goods sold represents 75% of the selling price. • all purchases are paid for in cash. the budgeted cash disbursements for december are:

Which of the following has the largest impact on opportunity cost