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zimovet [89]
3 years ago
12

Consumers decisions are primarily affected by preference and ________

Business
2 answers:
poizon [28]3 years ago
7 0

Answer:

Im thinking B.

Please let me know if I am wrong. Sorry if i am...

Explanation:

give brainliest if correct

Nady [450]3 years ago
5 0

Answer:

price

Explanation:

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Why does competition among traders affect how much of the gains from trade are given to the countries involved in the trade?
erma4kov [3.2K]

Answer:

As competition increases, traders must offer certain advantage to their clients, e.g. lower prices, credit sales, longer payment terms, etc., which end up benefiting their clients, and also traders will be willing to relinquish some of their gains to keep existing clients.

This is exactly the same thing that occurs in a given market when the number of suppliers increases, decreasing the equilibrium price and increasing consumer surplus.

5 0
4 years ago
Help of this question please
ser-zykov [4K]

The aim of the World Bank is to promote world economic growth through financial stability .Option C. This is further explained below.

<h3>What is World Bank?</h3>

Generally, The World Bank is an international institution for the promotion of economic growth that is owned by 187 different nations. It is the responsibility of this organization to alleviate poverty across the world by providing financial assistance, in the form of loans, to the governments of those its member states who are economically weaker so that those states may raise the quality of life of their populations.

In conclusion, The goal of the World Bank is to provide the financial stability necessary for the expansion of the global economy. alternative C

Read more about World Bank

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7 0
2 years ago
Do many companies like it when you look like a fool ?
Lena [83]

No, companies look for a serious employee. The look for neatness and how you carry yourself.

8 0
4 years ago
Read 2 more answers
Market research is used to gather information needed to make business decisions.
love history [14]

Answer:

You need to pay for research data before you talk to any customer

Explanation:

In a lean startup approach, startup companies will gather customers feedback regarding their product and devise their plan based on those feedbacks rather than based on their own intuition.

Even though there are methods that we can use to obtain customers' feedback that require payments (such as purchasing the data from social media ), this isn't always necessary.

One thing that a company can do to obtain customers feedback without paying is to do direct outreach to the customers by sending them emails with their opinion about the products or by creating an online forum specifically for the customers to talk about the product.

5 0
3 years ago
Demand"" is a series of prices and the related quantities that consumers are willing and able to buy at a particular ___________
Nonamiya [84]

Answer:

given price in a given time period

Explanation:

Demand is the quantity of a good or service that consumers are willing and able to buy at a given price in a given time period. Each of us has an individual demand for particular goods and services and our demand at each price reflects the value that we place on a product, linked usually to the enjoyment or usefulness that we expect from consuming it. Law of demand  states that If the price of something goes up, people are going to buy less of it.The higher price leads to a lower quantity demanded and that a lower price leads to a higher quantity demanded.  Demand is based on needs and wants a consumer may be able to differentiate between a need and a want, but from an economist’s perspective they are the same thing. Demand is also based on ability to pay. If you cannot pay, you have no effective demand. What a buyer pays for a unit of the specific good or service is called price. The total number of units purchased at that price is called the quantity demanded. An increase in the price of a good or service almost always decreases the quantity demanded of that good or service. Conversely, a decrease in price will increase the quantity demanded.

7 0
3 years ago
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