Customer satisfaction most likely arises from: product price the product itself the company that makes or distributes the product the salesperson who sells and services the product a combination of the product, company, and salesperson

Why was Friedrich von Hayek against government intervention in an economy? It would reduce people's economic freedom. It would increase people's political freedom. It would raise the price of goods and services.

If a tax on unhealthy food items like soda and candy bars causes people to purchase less of these items and eat more healthful alternatives. Which principle of economics does this illustrate? A) Rational people think at the margin.

With careful attention to controlling costs and quality, businesses can successfully satisfy consumers with a standardized product for different markets. a. True b. False

You have a $7,000 balance on your car loan at 11% interest. Your favorite aunt has just left you $10,000 in her will. You decided to pay off the car loan and invest the difference. Now you no longer have a $350 per month car payment.

If Clark Company purchases for cash $80,000 of Target Company 10% bonds at 100 plus accrued interest of $640, the journal entry will include a a. credit to Interest Receivable for $640. b. credit to Investments in Target Company Bonds for $80,000. c.

When you go to a food store, how many items do you typically buy you did not intend to buy? how might this affect a food budget?

Suppose the government imposes regulations that reduce the amount of pollution in the air. In four or more sentences, define incentive, explain the government's incentive for this regulation and how effective this process is.

Your bank offers a savings account that pays 3.5% interest, compounded annually. How much will $500 invested today be worth at the end of 25 years? a. $1,122.54b. $1,181.62c. $1,240.70d. $1,302.74e. $1,367.88

Which of the following is FALSE about public-sector decision making? Decisions are based on majority rule. Incentives play a role in decision making. Decisions involve no opportunity cost.

What isn't not a stock derivative