Consumer cost is everything the consumer must surrender in order to receive the benefits of owning/using the product.
Customer cost includes the price of a product as well as the expenditures associated with its purchase, use, and aftercare. Purchase expenses are made up of the expenditures associated with product research, information collecting, and information acquisition.
The price of a product is only a small portion of its overall cost to the consumer. The additional costs of delivery, use, and ultimately disposal of the goods fall on the consumer. The overall consumer cost is the sum of these expenses (TCC).
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Answer:
6.875%
Explanation:
In order to compute the real return, first, we have to determine the after-tax return which is shown below:
After-tax return = Pre-tax return - tax rate of Pre-tax return
= 14.5% - 25% × 14.5%
= 14.5% - 3.625%
= 10.875%
And, the inflation rate is 4%
So, the real return would be
= 10.875% - 4%
= 6.875%
Answer:
A
Explanation:
Marginal external benefit is an extended benefit received by a thirty party, that is, people that are not directly involved as primary intended receiver of a good or service. Although the initial product or service benefits one party in particular, it is also an authomatic effect that brings benefit to other than the consumers of that product or service.
Answer:
A) none of these
Explanation:
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