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andrezito [222]
2 years ago
8

Question Mode Multiple Choice Question True or false: In a market system, consumers exercise consumer sovereignty, which is cruc

ial in determining the types and quantities of goods purchased.
Business
1 answer:
ohaa [14]2 years ago
7 0

Consumers have some sort of power in their hands that makes them decide the quantities of goods they can purchase, True.

<h3>What is Consumer sovereignty?</h3>

simply put, consumer sovereignty can be defined as the freedom a person has in the economy that makes them decide what to purchase.

Hence the statement "customer is always right".

Learn more about Consumer sovereignty here:

brainly.com/question/4397035

#SPJ1

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A store offers two payment plans. Under the installment plan, you pay 25% down and 25% of the purchase price in each of the next
aev [14]

Answer:

a-1. The present value of Plan 1 = $93.08

a-2. The deal 2 which involves paying immediately adn taking the 10% discount is better.

Explanation:

a-1.

The interest rate of 5% is taken as the discount rate to convert future cash flows into the present value.

The First payment plan with installments has a present value of,

Present Value-Plan 1 = 25 + 25/1.05 + 25/1.05² + 25/1.05³ = $93.08

a-2.

The first plan will cost $93.08 in the present value.

The second plan will involve immediate payment and a discount of 10%vwhch makes the present value of plan 2 as $90 (100 - (100*0.1)).

Thus, the second deal or deal involving immediate payment and taking the discount is better.

6 0
3 years ago
Neartopia has 100 million adult citizens. Of these, there are 50 million full-time workers and 10 million part-time workers. The
ohaa [14]

Answer:

I think the question is: ¿What is the Neartopia unemployment rate?

Explanation:

The answer is:  14.3% unenmployment rate

8 0
3 years ago
Carlos bought a building (AB) for $113,000 in 2014. He added an leasehold improvements addition to the building for $26,000. In
gulaghasi [49]

Answer:

Long-term capital gain = $73,000

Explanation:

The long-term capital gain (LTCG) can be calculated using the following formula:

Long-term capital gain = Selling price - Cost of acquisition - Cost of improvement .............. (1)

Where;

Selling price = $212,000

Cost of acquisition = $113,000

Cost of improvement = $26,000

Substituting the values into equation (1), we have:

Long-term capital gain = $212,000 - $113,000 - $26,000 = $73,000

Note:

Since no information on cost inflation index is given in the question, that implies that there is no need to use indexed cost of acquisition and indexed cost of  improvement in our calculation. Therefore, the Cost of acquisition and Cost of improvement has to be used as given in the question.

3 0
3 years ago
Fill in the blank... (business!)
Aneli [31]

Answer:

Local market conditions or Local environmental conditions.

Explanation:

The answer is - Local market conditions or Local environmental conditions.

Reason -

Decentralized organizational structures often have several individuals responsible for making business decisions and running the business. Decentralized organizations rely on a team environment at different levels in the business. Individuals at each level in the business may have some autonomy to make business decisions.

4 0
3 years ago
Which speaker is most likely to make high-risk investments?
Alecsey [184]

Answer: Speaker A

Explanation: Just took the quiz

7 0
3 years ago
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