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3 years ago

Which of these factors in an economy is MOST LIKELY to encourage a consumer to purchase more?

Social Studies

2 answers:

AURORKA [14]3 years ago

8 0

Answer:

C) scarcity

Explanation:

less products to go around

Levart [38]3 years ago

4 0

Answer:

C) scarcity

Explanation:

"Through competition for scarce resources, consumers indirectly inform producers about what goods and services to provide and in what quantity they should be provided. As a result of their collective demands, preferences and spending, consumers tend to receive cheaper, better and more goods and services over time, with all else being equal."

Reference: Maverick, J.B. “Which Economic Factors Most Affect the Demand for Consumer Goods?” Investopedia, Investopedia, 25 June 2019

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Most people in the United States view a cow as a source of meat for human consumption,

Ahat [919]

Answer: Culture

Explanation: It's the different ways we are raised, our traditions, our beliefs, and our history.

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2 years ago

Salespeople are like independent entrepreneurs because they have a territory to manage and few restrictions on how to do it.

saveliy_v [14]

This is true. Salespeople do not answer to anyone unless they willingly sign to someone. For the most part salespeople are independent contractors who offer their services or products to the general public. They make their own decisions and control which products or services they want to sell.

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3 years ago

Why did European powers seek to establish colonies in both Africa and Asia?

N76 [4]

Answer:for recourses and political power. Remember the 3 reasons for colonialism:

Land, Power, Money.

Explanation:

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3 years ago

According to sered and fernandopulle, in their article "sick out of luck," the situation that people like fran and lenny find th

Naddika [18.5K]

According to Sered and Fernandopulle, in their article "sick out of luck," the situation that people like Fran and Lenny find themselves in is private insurance.

Any health insurance plan presented by means of a personal preferred coverage organization rather than the authorities is known as a personal health plan. these plans provide access to better sum insured and superior medical care, usually at a better top rate.

Private health insurance is medical coverage bought immediately by a character. This coverage can be for the person alone or for the individual and his or her own family and dependents.

Private health insurance is commonly funded via blessings plans provided by employers. Examples consist of: Blue pass and Blue protect medical health insurance corporations.

Learn more about health insurance here: brainly.com/question/1941778

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2 years ago

According to traditional economic theory, which of the following statements is true of globalization? a. It lowers the productiv

lora16 [44]

Answer:d. It relies on competition to drive down prices and to increase product and service quality.

Explanation:

What is globalization?

This defines how effectively business carry their operations in various countries apart from their own countries.

This is creating a situation where the world come together without being hindered by borders.

This increase in interaction between countries makes it it easier for the countries to not operate as single parties but to work collaboratively to make the world a better place.

Product and service is increased due to the positive competition that exist through globalization.

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3 years ago