<u>Full question:</u>
When Starbucks first opened, many critics suggested, "No one will pay $4 for a cup of coffee." Starbucks's critics suggested consumers would not be __________ to the company's offerings.
a. responsive
b. perceptive
c. identifiable
d. reachable
e. quantifiable
<u>Answer:</u>
Starbucks's critics suggested consumers would not be responsive to the company's offerings.
<u>Explanation:</u>
Marketing is all concerning providing the requirements and needs of purchasers. Consumers have supplies and are prepared to contribute to meeting their requirements by acquiring goods and services. The benefit of products offered in the markets depends on whether they satisfy consumer or company needs.
Consumers’ choices on whether to acquire or not to acquire will be a sign of the production of the goods in the market. A portion is responsive if its members behave likewise and confidently to the purchasing mix. Initial critics did not gather that purchasers would acknowledge confidently to the proposal of a $4 cup of coffee.
It follows that total budget deficit is $900 billion since the total budget deficit is the sum of the structural deficit and the cyclical deficit. A cyclical deficit exists because of the business cycle while there is a structural deficit when the government’s spending is more than it receives in taxes, regardless of the economic performance. Their total would be the budget deficit.
Answer:
B. Are a risk of fractional reserve banking, but are unlikely when banks are highly regulated and lend prudently.
Explanation:
Fractional reserves are when a certain fraction of total deposits with the banks are reserved and the remaining amounts over and above of these reserves are loaned out and made into money supply.
Bank panics are a risk of such a system as depending on public confidence level on banks, the public may crowd out the bank and people wish to withdraw their deposits, in this case banks only have a certain amount of reserve deposits and not all the money for all the depositors.
These runs on the bank are unlikely if the banking system is prudent and abides by central banking regulations.
Hope that helps.
