Consumer Mathematics: Ratio and Proportion 1. Find the variation constant and an equation of variation where y varies directly as x, and y = 4 when x=39. 2. Find the variation constant and an equation of variation where y varies inversely as x, and y = 15 when x = 15. 3. [Hook'...
John has tutored algebra and SAT Prep and has a B.A. degree with a major in psychology and a minor in mathematics from Christopher Newport University. Would you like to learn more about family and consumer sciences, formerly called home economics? This article will describe some of the organ...
Yusuf has taught Science and Mathematics at school level and Finance and Economics at University level. He has recently earned his Ph.D in Financial Econometrics.Cite this lesson Consumer risk lies with the results of the product or service, whereas producer risk is dependent on consumer and mark...
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Quiz Course 3.7Kviews Calculating Consumer Confidence Index The consumer confidence index isn't a long questionnaire that asks specific questions to compile a massive database of information. It actually consists of only 5 questions. Three questions ask how people feel about the future, and two que...
Understanding consumers' behavior is essential to know what drives them to make their decisions when choosing a service. Explore the psychological factors that influence customers' behaviors, including cultural characteristics, personal factors, among others. ...
Lesson Quiz Course 3.9K views Lesson Summary As the world economy continues to grow and become more complex, methods of payment for goods and services also evolve. Both businesses and consumer rely on credit to finance investments. Typically, lenders base whether or not they will give out ...