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The buyer here is to be taken as per the need of him, using the computer. If, all he needs is a basic computer which would assist him in doing the MS-Office tasks, checking emails and listening to songs and watching movies, a basic computer with a min. config. is enough. For this, the avg. income of Rs.10000 per month is sufficient. Most of the retailers are providing the systems with an EMI option too.
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∙ 16y ago
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What is the approximate average income of a typical buyer?
This is the income that the average consumer will be able to purchase. This is not the money that is available for just your product.
What does the income effect indicates?
It indicates that a lower price increases the purchasing power of a buyer's money income, enabling the buyer to purchase more of the product than before.
Why an economy's income must equal to it's expenditure?
For an economy as a whole, income must equal expenditure because:u Every transaction has a buyer and a seller.u Every dollar of spending by some buyer is a dollar of income for some seller.
How does the worldwide average income and the us average income compare?
The US average income is MUCH higher than the world average income.
Why an economy's income must equal its expenditures?
Because every dollar of spending by a buyer is a dollar of income for a seller
What is the average age of a first time home buyer?
what was the average age of a first time home buyer i n 1999
What is income effect?
It indicates that a lower price increases the purchasing power of a buyer's money income, enabling the buyer to purchase more of the product than before.
Is it true for an economy as a whole. income equals expenditure because the income of the seller must be equal to the expenditure of the buyer?
Yes
What is the average American income?
the average income depends on your job
What is the average income of a California embalmer?
the average income is 300,990,234.788
In Hawaii what is the average family income?
what is the average income in hawaii
What is the average Ga income?
The average Georgia Income is $47,590
