Answer:
Purchasing power of customers can be defined as the financial ability of the customers to buy goods and services by making payment using a legal tender or unit of currency (money).
Explanation:
Economic forces can be defined as the factors that influence and determine the level of success, competitiveness and the direction of the economy in which a business firm operates in.
Basically, economic forces include factors such as; inflation rate, standards of living, unemployment rate, credit, law, tax rates, government policies, income distribution and purchasing power in a particular country.
Purchasing power of customers can be defined as the financial ability of the customers to buy goods and services by making payment using a legal tender or unit of currency (money).
Simply stated, it's the amount of goods and services that a customer can buy with a unit of currency (money) at a particular period of time.
One of the functions of money is it being a store of value because it allows the purchasing power of consumers to be transferred from the present to the future.
Hence, money being a store of value makes it possible to transfer purchasing power between traders and buyers from the present to the future.
<em>In conclusion, the purchasing power of a customer is the amount of money that he or she has to spend in buying goods and services.</em>
In economics, the cost of something is <u>c. what you give up to get it.</u>
<u>Explanation:</u>
Cost is the amount that is to be paid for the goods or services consumed by the individual. Economists define the cost as what you give up to get it.
Paying some amount to get something you want. The cost can be referred as the monetary value of efforts, utilities consumed, resources, materials, time and opportunity forgone in the production of a good or service.
Cost can be classified as fixed cost, variable cost, semi-variable cost and total cost.
Answer:
Option C.
Explanation:
It promotes a compelling or overriding state interest, is the right answer.
In the constitutional law of the United States, substantive due process is a source providing courts to preserve some fundamental rights from the intervention of the government, even if the rights are not expressly specified elsewhere in the Constitution of the United States. Courts have recognized the foundation for this security from the Fifth and Fourteenth Amendments' due process clauses which prevent the state and federal authorities individually, from denying any individual of "life, freedom, or assets, without due process of law".
The answer is letter B, transfer pricing.
Transfer pricing is the process in which goods are moved between subsidiaries in various countries. This is a common practice done in manufactured goods (e.g. canned, packed goods) all over the world. A parent company may send off products to its sister company or companies should it need it extra products.