Explain how consumer sovereignty operates in the marketplace to determine the success or failure of an entrepeneur

Explain how a downward-sloping demand curve results from consumers adjusting their consumption choices to changes in price.

What is a disadvantage for exporting firms that use foreign-based independent distributors? a. little influence regarding cultural diversity b. incompatible brand adaptation systems c. lack of control over pricing strategy d.

What burden of proof is required in civil cases? beyond a reasonable doubt procedural evidence a presumption of innocence a preponderance of the evidence

The patent system: a. acts as a direct positive incentive. b. acts as a direct negative incentive. c. acts as an indirect positive incentive. d. acts as an indirect negative incentive. e. does not provide an incentive.

The promotional mix consists of communication tools that include advertising, public relations, sales promotion, personal selling, and Multiple Choice social media. multicultural marketing. target marketing. online marketing. direct marketing.

Which of the following is included in GDP? Group of answer choices revenue from the sale of a three-year old car the receipts from a sale of land the fees charged for a stock broker's services the value of lawn care service provided by a

Which of these is an example of rebranding? O A. A new motto O B. More employees O C. Higher pricing O D. More investments

You're planning a really big surprise trip for your 10-year anniversary. However, the internet is down and you know you need to buy the airline tickets during tomorrow's flash sale.

Answer the following statement true (T) or false (F) : Mark is a cash basis taxpayer. He is a partner in the M & M partnership, and his share of the partnership's profits for 2019 is $90,000.

A supermarket manager schedules the workers in the supermarket to ensure that enough cash register clerks are available at different times during the day to handle the expected demand from customers.