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Vlad1618 [11]
4 years ago
11

Willingness to pay

Business
1 answer:
alex41 [277]4 years ago
4 0

Answer:

The correct answer is option a.

Explanation:

The willingness to pay for a product can be defined as the maximum amount an individual is willing to procure or obtain a product. The price of a product lies between a consumer's willingness to pay and a seller's willingness to accept.  

The willingness to accept is the minimum amount a seller is willing to accept to let go of a product. Willingness to pay indicates how valuable good is for the buyer.

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Consider the following information:
dimulka [17.4K]

Answer:

10.87% ; 17.95%

Explanation:

Expected return:

= (probability of recession × return during recession) + (probability of normal × return during normal) + (probability of boom × return during boom )

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4 0
3 years ago
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Westkost [7]

Businesses have a moral obligation that must be politically enforced.

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Businesses working from profits often use indiscriminate measures to garner profits for themselves while using their capital as economically as they can.

This includes the exploitation of workers. To counter this, we have trade unions.

Similar is the situation for conservation<u>. Environmental issues indirectly affect the whole population of the country and every company has a part in it. Hence environmentally secure sanctions need to be put in place even if it eats into the company's profits.</u>

8 0
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3 years ago
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How old do you have to be to get a reverse mortgage
Murljashka [212]

Answer: Minimum 62 years

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HUD financial criteria also needs to be fulfilled by the borrower. The home in which borrowers be living must be their prime residence and the required home equity will also be required.

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