Answer:
True
Explanation:
Willingness to pay (WTP) is the maximum amount an individual is willing to hand over or pay to procure a unit of a product or service. Willingness to pay a vital in finding the best possible price a product should be sold for and help to reach a compound for the price between both the seller and buyer.
An increase in activity costs that exceed amounts that customers are willing and able to pay for a commodity, product, goods or services should warrant the need for the reduction in price of such product.
A value-added activity is any action taken that increases the benefit of a good or service to a customer, it is the value that a product or services have to customers at any given period in the production and supply cycle and this increases customers Willingness to Pay for the product.
Businesses organizations can greatly increase the profit that they make by taking notice of such activities that increases the value of the product or services they render or offers, and those that do not add or have good valuation from the consumer, and then having to do away and discontinuing the rendering of production of products or services that are non valueable to the consumer.
The answer is d I took it on my test and got it right
Most time, any shift to a more expansionary monetary policy will exert a stabilizing impact on the economy if the effects of the policy are felt during an economic downturn.
<h3>What is an Expansionary monetary policy?</h3>
This fiscal policy is employed by the central bank to stimulate the economy because its increases the money supply, lowers interest rates, increases demand etc.
Therefore, the Option B is correct.
Read more about Expansionary policy
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Answer: $320,000
Explanation:
Number of Units transferred to Finished Goods = Beginning Work in Process in April + Units started and Completed in April
= 60,000 + 240,000
= $320,000
This is a product of media globalization. The media
globalization is where it focus more on the role of the mass media and the how
the media influence the people or the society in which corporations owns this
media outlet in a way of producing media globalization.
