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Korvikt [17]
3 years ago
7

Which of the following correctly defines the consumer​ market? A. ​Manufacturers, resellers, and consumers B. Consumers and the

resellers who consumers buy their products from C. Consumers who spend more than​ $5000.00 yearly on goods and services D. Individuals and households that buy goods and services for personal consumption E. Consumers and the businesses that sell to them
Business
1 answer:
vovikov84 [41]3 years ago
5 0

Answer:

The correct answer is option D.

Explanation:

Consumer market can be defined as the market where consumers purchase goods and services for personal consumption and not for resale.  

The market is dominated by the products that are used by consumers.  

Every time a consumer is purchasing a good or service for personal consumption, he is participating in the consumer market.  

There are four types of consumer markets; food and beverages, retail, consumer products, and transportation.

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If we standardized both variables, what would be the regression equation that predicts standardized mortgage amount from standar
aalyn [17]

Answer:

b_{1} = r \frac{Sy}{Sx} = -0.84

b_{0} = y - b_{1} x

The mortgage will be 220.88

The interest amount will be 7.768

Explanation:

Regression model is used to identify the relation between two variables. In the given question the regression model fits best to identify the mortgage amount from interest rates. The interest rate and mortgage both are quantitative values so the regression model is most suitable for this.

4 0
3 years ago
Money demand refers to a. how much income people want to earn per year. b. how much currency the Federal Reserve decides to prin
Ivahew [28]

Answer:

The answer is C. how much wealth people want to hold in liquid form

Explanation:

Money demand is the demand for holding cash. Money demand is also desired holding of money, whether the money is cash at hand or bank deposits. This can be likened to the transactional motive of holding money.

Money demand is affected by the following: level of income, inflation, interest rate etc...

4 0
3 years ago
Which situation best illustrates the effects of inflation?
Vlad1618 [11]

Answer: C: The cost of rice at a market rises by 20 percent over three years.

Explanation:

inflation is a measure of the rate of rising prices of goods and services in an economy.

7 0
3 years ago
Suppose ABC Dairy is one firm competing in the perfectly competitive market for milk. Now suppose ABC Dairy decides to produce o
Sedbober [7]

Answer:

The correct option is D.

Explanation:

In a perfectly competitive market, there are many sellers selling the same product and in this market, firms have easy entry and exit, products are identical in nature from one seller to another and also the sellers are price taker.

So, in this case, ABC firm compete in this market for milk but later on they changed their production to produce organic milk and this change would be described by the effect that ABC firm is differentiating its product from market and they will have a chance to charge high price than earlier.

Therefore, the correct option is D.

8 0
3 years ago
Which aspect of marketing (branding, promotion, or market research) is the most important for companies to consider when
Levart [38]
Market research.
The firm often goes into uncharted Territories for themselves and takes heavy risks in places unknown to them.
For example, McDonald’s Setting up operations in India made its menu suit the Indian taste pallet and was able to carve out a market shape.
- I hope this helps!!! Mark me brainliest
7 0
3 years ago
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