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4 years ago

Consumer sovereignty means that legislation now protects the rights of consumers to dispose of their incomes as they see fit.

Business

1 answer:

Gelneren [198K]4 years ago

3 0

Answer:

The correct answer is B false.

Explanation:

Consumer sovereignty mean consumers are the final authority to determine which goods are the most suitable to fulfill their needs and that is the reason why their decisions, preferences and habits should be the starting point of any new invention. Means the holder of scarce resource has to produce those products that customers wants to satisfy their need. The power of consumer spending is the best judge of what to produce.

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"3. For this question only, assume that on January 2, 2018, Pops, Inc. acquired 192,000 shares of Son Corp. at a cost of $10 per

NISA [10]

Answer:

The investment in Son Corp. should be reported on Pops' December 31, 2018 balance sheet at $1,920,000 ($10 * 192,000).

Explanation:

There is no indication that the fair price of the shares of Son Corp. has changed from its original cost of $10. Therefore, the investment in Son Corp. can only be reported on the balance sheet of Pops' at the cost price on acquisition. But, assuming that the price has fluctuated over the period, the investment would have been valued at the current market price multiplied by the number of shares.

3 0

4 years ago

Decision making "at the margin" means making a choice based on __________ of a decision.

I am Lyosha [343]

Answer:

d. comparing the additional benefits and costs

Explanation:

The correct choice is D because you are making a choice when the marginal benefits are greater than the marginal costs . At this point, opportunity costs are lowered and you want to get the most out of your resources. It is a point when you are thinking about what an additional action means for you if you take it versus not at all.

4 0

3 years ago

How can you best influence a customer positively

zalisa [80]

There are so many answers, but the best way to influence a customer positively is listening and uncovering their need for being your customer. The solving that need will create a great client experience and loyalty to your brand.

4 0

3 years ago

Read 2 more answers

Determining the Proceeds from Bond IssuesMadison Corporation is authorized to issue $500,000 of 5-year bonds dated June 30, 2019

bearhunter [10]

Answer:

Bond Price = $481599.8724 rounded off to $481599.78

Bond Price = $519304.3373 rounded off to $519304.34

Explanation:

To calculate the price of the bond today, we will use the formula for the price of the bond. We assume that the interest rate provided is stated in annual terms. As the bond is a semi annual bond, the coupon payment, number of periods and semi annual YTM will be,

Coupon Payment (C) = 500000 * 0.11 * 0.5 = 27500

Total periods (n)= 5 * 2 =10

r or YTM = 0.12 * 0.5 = 0.06

The formula to calculate the price of the bonds today is attached.

Bond Price = 27500 * [( 1 - (1+0.06)^-10) / 0.06] + 500000 / (1+0.06)^10

Bond Price = $481599.8724 rounded off to $481599.78

Coupon Payment (C) = 500000 * 0.11 * 0.5 = 27500

Total periods (n)= 5 * 2 =10

r or YTM = 0.10 * 0.5 = 0.05

The formula to calculate the price of the bonds today is attached.

Bond Price = 27500 * [( 1 - (1+0.05)^-10) / 0.05] + 500000 / (1+0.05)^10

Bond Price = $519304.3373 rounded off to $519304.34

4 0

4 years ago

What is the likely chain of events if asset prices rise?

Alexus [3.1K]

Answer:

b) People feel wealthier, so their spending rises and their saving falls, causing interest rates to rise.

Explanation:

If assets price rises, for example, the price of stocks in the market, people will feel wealthier because they now have more disposable income. As consumption is a function of disposable income, as stated by the consumption formula:

C = a + MPC*Yd

Where

C = consumption

a = autonomous consumption (consumption that does not depend on disposable income)

MPC = marginal propensity to consume

Yd = disposable income

if disposable income is higher, then consumption will be higher.

People save whatever money is left after consumption. If people consume more, then, their savings will fall.

Less savings means that the supply of loanable funds will fall, causing a rise in the interest rates.

8 0

3 years ago