Define consumer sovercignty. How docs consumer sovercignty help determine what businesses produce? How do businesses influence consumer sovercignty? .
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- Which one of the following variable, the firm can influence directly? a. Store location b. Consumers c. Technology d. CompetitionThink back to a purchase that you made recently. How would you describe your thinking before you made that purchase?Select the number of the question and the letter to indicate the answer you consider correctfor each question. 1. The Law of demanda. applies to final consumer goods but not to the productive resources purchased bybusiness firms.b. tells us how much of a good people want, but not necessarily how much of that good theyare willing to pay for.c. tells us that when the price of a good falls, quantity demanded will increase.d. applies only to goods that are not absolute necessities. 2. The law of supply states that all other things remaining the same:a. as the price of a good increases, supply of the good will increase.b. as the price of a good increases, the quantity of the good supplied willincrease.c. as the price of a good increases, demand for the good will increase.d. as the price of a good increases, the quantity of the good demanded willdecrease. 3. Which of the following most appropriately illustrates the law demand?a. Sellers increase the amount they sell because the price of the…
- QUESTION 20 1.00- mand 130 200 Quantity Refer to the diagram. What is the highest price that buyers will be willing and able to pay for 100 units of this product is: For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph 14px A v ... Arial O WORDS POWER Click Save and Submit to save and submit. Click Save All Answers to save all answers. DELLHi, I need help with B.2. please.According to PfizerLipitorMonopoly: it will benefit O Benefit managers and consumers O Pfizer only O Pfizer and consumers O Pfizer and benefit managers.
- Show it...SUAL 6. 40 Diet Coke, Diet Coke with Splenda, Coke Zero, Diet Coke with Lemon, Diet Coke with Lime, Diet Vanilla Coke are examples of man CAVAB a product line. a product mix. specialty services. specialty goods. Əvwalki Növbəti Bütün suallar Qeyd olunanlar Cari Vəziyyət 15:01 82*F Sunny C 4) AZE 18.06.2 TOSHIBAHomework 4 Compatibility Mode OSearch References Mailings Review View Help Text Box A A Aa A 三 T AaBbCcl AABBCI AaBbC AaB AaBbcc E xA .A- 出。 1 Normal 1 No Spac. Heading 1 Title Subtitle Styles Font Paragraph 6. Melinda buys an iPhone for $700 and gets a consumer surplus of $160. a. What is her willingness to pay? b. If she had bought the iPhone on sale for $500, what would her consumer surplus have been. c. If the price of an iPhone were $900, what would her consumer surplus have been? 7. The demand schedule for toasters, is given below. The price of toasters is $20. a. Graph the demand curve to scale and identify the area that represents the consumer surplus (S) (millions) 120 10 100 20 80 30 60 40 40 50 20 60 b. Calculate the consumer surplus for toasters. hp ho 144 %23 & 3 4. 5. 6. 7. 8. 6. CO LO
