Consumers market. this is because teenagers don't NEED stereo equipment to live
The life insurance policy in which death benefits last a lifetime but premiums are all paid after a specified time period is a limited-pay whole life policy.
Answer:
$3,520.65
Explanation:
The computation of the future value is shown below:
As we know that
Future value = Present value × (1 + interest rate)^number of years
= $250 × (1 + 0.0275)^5 + $450 × (1 + 0.0275)^4 + $650 × (1 + 0.0275)^3 + $850 × (1 + 0.0275)^2 + $1,100 × (1 + 0.0275)^1
= $286.32 + $501.58 + $705.11 + $897.39 + $1,130.25
= $3,520.65
We do the reversing time period and according to that the calculation can come.
Answer:
C. The equilibrium interest rate will rise.
Explanation:
According to the question, When the economy made the transition from the short run equilibrium to the long run equilibrium than there is a rise in the supply that results in rise in the nominal wages but the real wage would remain unchanged or constant
Therefore the option c is correct and the rest of the options are wrong
Answer:
True
Explanation:
Consumer behavior is the study of the factors that influence customer's actions in the market place. Consumer's behavior seeks to understand why customers select, purchase, dispose, or consume a particular good or service to satisfy their needs and wants. It analyses the consumer processes in decision making.
Consumer behavior applies concepts from other disciplines such as psychology, economics, biology, and chemistry. Marketers use consumer behavior to understand the buying patterns of customers. The information helps businesses to identify gaps in the market and develops products to fill those gaps.
