The price of an item refers to the assignment of value, or the amount the consumer must exchange to receive the offering or product.
Whether you are purchasing a service or a good you are going to pay a price for that item. The price is determined by the organization as what the expect a consumer to willingly pay. The price is often determined by the value the service or good holds in the eyes of the consumer.
Answer:
The answer is: C) A falling interest rate will lead to a movement along the demand curve for loanable funds
Explanation:
When you think about a loan, the interest rate is what you pay for getting the loan. So we can assume the interest rate is the price of the loan.
If the interest rates decrease, it is equivalent to a price decrease. Whenever the price of a good or service decreases, the quantity demanded for that good or service increases.
Answer:
<u>Laggards are in the late 16 % of the cycle of adoption of the technology.</u>
Explanation:
- As technology adoption is a sociological model that is based on the acceptance of the newer product or innovation that defines the demographic characteristics.
- Innovators, early adopters, early majority and late majority and laggards are all the demographic and psychological group of people that adopt the model based on the consideration as the flip phone are rarely available and they tend to have lower demands in the market hence only fewer companies keep those models.
- Even though selling them at a lower price they are taken up by laggards as these are ones that usually take the flip phones based on their perception and the trends in the market.
Some modern industries which were in operation in our country at the time of independence were Iron and Steel Company (TISCO), Sugar, Cement, Chemical and paper industries.
<h3>What is independence?</h3>
Independence refers to the act of getting free from controlling of the dominating or ruling parties.
Iron and Steel Company (TISCO), Sugar, Cement, Chemical, and Paper industries were among the modern businesses operating in our nation at the time of independence. These industries were growing at that time.
Therefore, it can be concluded that Sugar, Cement, Chemical and paper industries existed before independence.
Learn more about Independence here:
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Answer:
Preemptive right
Explanation:
The right of common shareholders to purchase their proportional share of any common stock later issued by the corporation is called a <u>Preemptive right.</u> A preemptive right grants right to existing shareholders to buy some proportion of new shares at a price lower than market price
