Answer: The term is used in describing the amount of control or influence that consumers have on the market is sovereignty.
Explanation:
Consumer sovereignty is an economic construct delineated by William Harold Hutt in his book Economists and therefore the Public: A Study of rivalry and perspective. In general, the term consumer sovereignty is additionally used as a hypothesis that the assembly of products and services is set by the customer's demand.
Civilization is the act of which people settle for instance a example is jamestown, or plymouth
Countries become better at making the product they specialize in. Consumer benefits: Specialization means that the opportunity cost of production is lower, which means that globally more goods are produced and prices are lower. Consumers benefit from these lower prices and greater quantity of goods.
Answer:
Downward mobility
Explanation:
According to a different source, these are the options that come with this question:
- Social stratification
- Social inconsistency
- Horizontal mobility
- Downward mobility
Social mobility refers to the movement of people, families or groups in the social hierarchy in which they live. A type of social mobility is vertical mobility. This occurs when a person changes its social class. When a person moves to a higher social class (through more wealth or a more prestigious occupation) this is known as "upward mobility." When a person moves to a lower social class, this is known as "downward mobility."
To be able to answer this item, we have to do the dimensional analysis depending on the given in each of the choices.
<span>(a) </span><span>100 Japanese Yen (12.8575 Mexican Peso/101.96 Japan Yen) = 12.61 Mexican Peso (FALSE)</span>
<span>(b) </span>1 Chinese Yuan ( 1 U.S. dollar / 6.2471 Chinese Yuan) = 0.16 U.S dollar (FALSE)
<span>(c) </span>1 U.S dollar (1.0853 Canadian dollar/ 1 U.S. dollar ) = 1.0853 Canadian dollar (TRUE)
<span>Thus, the answer to this item is the third choice. </span>