The behavior of Albert is consistent with the law of demand.
The basic law of demand says that the higher the price of a commodity, the lower the quantity demanded; and the lower the price of a commodity, the higher the quantity demanded.
Albert went to his local store, hoping to buy a pair of Levi's for $30, however, when he got there, the price was lower at $18, he then decided to buy more than one because the price was lower. This is the law of demand taking place.
The first step in making a choice is to define the issue at hand. When making judgments, related costs and benefits should be evaluated. When making judgments, extraneous costs and advantages should be overlooked.
Answer:
the company's cost of preferred stock, rp is = 9.15%
Explanation:
step 1. Consider the following formula.
Cost of preferred stock = annual dividend / Price *100
Step 2. Set the values of the variables.
= $ 6.5/$ 71*100
step 3. Solve.
= 9.15%
Answer : 9.15 %
Answer:
D. How will the questions be defined?
Explanation:
When devising a market research study, one of the first steps is to define the questions of the study.
These questions should be very specific, so that the information gathered by the research can effectively answer them.
For example, a good question for a market research study is "what percentage of marke share have competitors gained over us in the last two months for these two products".
That question is very specific, narrowly defined, and can be easily answered by gathering the appropriate information.
