Answer:
C. consumer sovereignty.
Explanation:
Consumer sovereignty in economics imply that consumers have the power to determine what will be produced. They do this by demanding for products they want, increasing its supply and demanding less of products they do not want which reduces its supply.
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<span>Trade advertising encourages wholesalers and retailers to carry the products of a specific manufacturer.
Trade advertising is the type of advertising which is directed towards the wholesaler or retailer. Trade Advertising is not intended for the consumer. Trade advertising is held by the manufacturer. </span>
b.) The Value added to a product by transferring ownership to the customer.
is the answer
<u>Explanation:</u>
Possession utility explains and possibly contains the gratification that arises from owning a product or using a service. Buying and selling of anything include the change of ownership from one to another. Possession utility is what lets customers asses what they purchased. Having versatile choices for payment is one way to make possession simple for customers. Other methods can be how the product is delivered, how quickly it is delivered. Possession utility gets down to knowing how people relish what they have and what they give others. Although possession utility is peculiar, it is also significant and usually results after some kind of legal exchange.
A depreciation of the U.S dollar rise the price of U.S. imports, and fall in the price of U.S exports.
In a floating exchange rate system, currency depreciation refers to the decline in value of a nation's currency in relation to one or more foreign reference currencies.
Currency depreciation can happen for a variety of causes, including weak economic fundamentals, interest rate differences, political unrest, investor risk aversion, etc.
The exchange rate affects whether there is a trade surplus or deficit; a depreciated domestic currency encourages exports and raises the cost of imports. A strong native currency, on the other hand, makes imports more affordable and hinders exports.
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