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3 years ago

How does a consumers right to be heard affect the producers of the goods they buy? List some examples.

Business

1 answer:

Norma-Jean [14]3 years ago

4 0

Answer:

It allows producer to collect data to understand consumers demand.

Explanation:

The right to be heard allow consumers to give their opinion about various features that they like or dislikes.

By gathering this information , the producers of the good can make adjustment in order to make their product become more desirable within their consumer base.

Examples:

- Let's say that customers bought a certain game. They want additional gameplay to be added within the game in order to make the game more fun. The developer could add that in their next update in order to enhance their customers' experience.

- Or Let's say that the producers sells various types of instant noodles. The data from the customers showed that a certain type of flavour tend to be dislike an unpopular among customers. the producer could stop the production of that flavour and cut off their cost of production.

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Suppose that you enter into a short futures contract to sell July silver for $17.20 per ounce. The size of the contract is 5,000

ivanzaharov [21]

Answer:

$0.20

Explanation:

For computing the change in future price, first we have to determine the loss which is shown below:

Loss = Initial Margin - Maintenance Margin

= $4,000 - $3,000

= $1,000

Now the change in future price would be

= Loss ÷ size of the contract

= $1,000 ÷ 5,000 ounces

= $0.20

The future price is increased by $0.20

And, if the margin call is not meet than the broker will stop at best price so that he cannot suffer more loss

7 0

4 years ago

Read 2 more answers

Account balance of 1723.57 the interest rate of the account is 3.4% compounded daily. If the account was opened 9 years ago, wha

hjlf

Answer:

The value of the initial deposit = $1269

Explanation:

Given - Account balance of 1723.57 the interest rate of the account is 3.4% compounded daily.

To find - If the account was opened 9 years ago, what was the value of the initial deposit

Proof -

We know that,

If the interest rate is compounded n times per year at an annual rate r, the present value of a A dollars payable t years from now is:

$P = A(1 + \frac{r}{n} )^{-nt}$

Here,

A = 1723.57

r = 3.4% = 0.034

n = 365 (because it is compounded daily )

t = 9

So,

we get

$P = 1723.57(1 + \frac{0.034}{365} )^{-365(9)}$

= 1723.57(1.000093151)⁻³²⁸⁵

= 1723.57(0.736396351)

= 1269.23066 ≈ $1269

∴ we get

The value of the initial deposit = $1269

5 0

3 years ago

Power Pro, a leading manufacturer of lawn and garden equipment, releases a new line of cordless, lightweight, electric weed trim

Reika [66]

Answer: 3. Sales Promotion

Explanation: Sales Promotion is a promotion mix strategy to entice consumers to particular product. it includes the issuance of discount on selling price, contest etc.

4 0

3 years ago

The fda regulations governing disclosure of individual cois require:

lozanna [386]

COIs stands for Conflicts of Interests. COIs occur when there are two or more interest of contradiction due to any activity in an institution or organization. FDA has regulations for the COIs in clinical research. The FDA regulations governing disclosure of individual COIs require disclosure of Significant Financial Interests that would effect the funding.

8 0

4 years ago

Lucy is preparing to invest in a new online franchise, Notable Moments. The franchisor provides the exclusive software and train

Sphinxa [80]

Answer:

has an unlimited territory.

Explanation:

In the given scenario Lucy is running an online business with the support of Notable Moments a franchise.

Businesses can be brick and mortar or physical buildings that requires clients to come to a particular location.

Secondly they can be via online channels like website in the case of Lucy where the clients she can reach are not in one location.

Because of the wide spread of the internet Lucy's territory is unlimited. A person on the other side of the world can patronise her business.

4 0

3 years ago