A check stub with no check mark indicates that a check is an outstanding check.
A check in banking term is a stub of document or paper that orders the bank to withdraw a certain amount of money that is written on the check from the checking account of the party whose name is printed on the check as the owner of the check and the checking account to the party whose name is written as the receiver in the check, or in the case that no name is written as the receiver, the bearer of the check may also receive the amount of money written on the check. A check stub that has not yet been marked with a check mark means that the check is an outstanding check and therefore has not yeet been cleared by the bank to be cashed out by the bearer.
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a taxpayer bought a rental property in year 1 for $150,000. for years 1 and 2 the following was reported: year property (loss) agi 1 ($15,000 ) $ 100,000 2 (10,000 ) 140,000 in year 3, the property was sold for $175,000. the taxpayer did not actively participate in the rental activity in any of the three years. what amount of gain or loss, if any, is reported on the taxpayer's year 3 tax return as a result of the sale?
The amount of gain or loss that taxpayer is required to declare as a result of the sale on taxpayer's Year 3 tax return is $0. Taxpayer didn't engage in rental activity in any of the three years, therefore it wasn't active and there was no deduction.
What exactly qualifies as active involvement in a rental property?Approving new tenants, setting rental terms, approving expenditures, and other similar actions are examples of management decisions that count as active participation. Active involvement in rental real estate activities is limited to people.
Are losses from passive activities permanently lost if a taxpayer is unable to claim them during the current tax year?The loss can be carried forward until it is utilised or until the investment that produced the loss is sold if your client is unable to deduct a passive loss for the tax year due to a lack of passive income to offset it.
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an enterprise in which two or more firms or investors (including governments) share ownership of a business and its property rights is called a(n): group of answer choices
A company in which two or more companies or investors,including governments,share ownership of a business and its property rights is known as a business.
A shareholder is any person, company or institution that owns at least one share in a company.A partnership is a formal agreement between two or more parties to manage and operate a business and share its profits.There are various types of society.The corporation that issues shares that can be freely bought and sold is called a public company.At the same time, several studies indicate that many small business owners are very reluctant to share shares with outside investors, few companies get it.A sole proprietorship,also known as a sole trader,is owned by and operated by one person for his or her benefit.A partnership is a business owned by two or more.
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the government possesses the tools necessary to influence the output level in the short run through use of monetary and fiscal policy. however, there is some debate regarding whether the government should attempt to stabilize the economy. t or f
The statement that there is a debate over whether the government to attempt to stabilize the economy, given its monetary and fiscal policy tools, is True.
How can the government stabilize the economy ?The government can either use monetary policy, or fiscal policy. Fiscal policy is the use of public expenditure and taxation to affect the economy, particularly macroeconomic conditions. These include employment, inflation, economic expansion, and the total demand for goods and services.
A country's central bank uses a set of instruments called monetary policy to regulate the total amount of money in circulation, foster economic expansion, and implement measures like adjusting interest rates and altering bank reserve requirements.
The government is therefore able to stabilize the economy but some economists debate that the government should not do so and should instead allow the economy to recover and stablize on its own.
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in a franchise, a franchisor pays a franchisee for the right to use its name, product, and methods of operation. group of answer choices true false
A franchisor pays a franchisee for the right to use its brand, product, and methods of operation in a franchise. It is false.
What is the definition of method in operations management?The examination of how work is done is known as methods analysis. Whereas job design displays the framework of the job and names the tasks inside the structure, methods analysis specifies the tasks and how to execute them. Methods evaluation. The process relates to the specific steps required to complete a task. It simply refers to the end-to-end procedure of moving and storing finished and unfinished products supply. A vehicle manufacturing company, for example, will store and move autos (or their parts) in a methodical manner.
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what key strategic actions did mathias dopfner take and how were they different from how most other publishers approached the digital revolution?
Aligning print and digital media together was one of Mathias Döpfner's most wise decisions after taking over as the company's CEO.
In 2002, Mathias Döpfner was only 39 years old when he was appointed the company's CEO. His hiring was seen as somewhat contentious by coworkers, who speculated that he would be replaced shortly. But as soon as he took over as the company's manager, he immediately brought prosperity.
One of Mathias Döpfner's most important strategic choices was to strengthen the bonds between the company's internal executives. Additionally, Mathias Döpfner even presented a digital activity strategy that incorporated three of his main competencies: developing potential journalism, understanding how to build brands, and monetizing the classified marketplace.
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a general rule for the relationship between operating, investing, and financing cash flows and the financial statements is:
As a general rule, current assets and current liabilities, noncurrent assets and noncurrent liabilities, and stockholder's equity determine the link between operating, investing, and financing cash flows and the financial statements.
The cash flow statement displays a company's period-by-period cash inflows and outflows. In other words, the cash flow statement's operations are reflected in the balance sheet's assets and liabilities.
Under the indirect method of cash flow, we compute net cash flow from operational activities using changes in working capital. The majority of investing operations include non-current assets, such as machinery, equipment, and fixed deposits.
Because they provide the cash flow required for the company to run its long-term business, long-term obligations and shareholders' equity are included in financial operations.
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Look at the stock performance for nike. describe the trend in nike stock prices over the last year. what about the last 5 years?
Nike is a multinational corporation based in the United States that designs, develops, manufactures, promotes, and sells footwear, clothing, equipment, accessories, and services on a global scale. The all-time high NIKE stock closing price was 175.30 on November 5, 2021. Nike's stock is now trading at $112.85 USD.
What exactly does Nike stand for?In Greek mythology, Nike is the Winged Goddess of Victory. The design is based on the swoosh sound of a goddess' wing, which denotes speed, movement, power, and drives.
Nike, Inc. is a multinational corporation based in the United States that designs, develops, manufactures, promotes, and sells footwear, clothing, equipment, accessories, and services on a global scale. It is the world's largest supplier of athletic shoes and clothes, as well as a key maker of sports equipment. In 2020, the value of the brand alone was more than $32 billion, making it the most valuable brand among sports organizations.
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John is interested in purchasing a multi-office building containing five offices. The current owner provides the following probability distribution indicating the probability that the given number of offices will be leased each year.
Number of Lease Offices 0 1 2 3 4 5
Probability 5/32 3/16 3/32 1/4 9/32 1/32
If each yearly lease is $12,000, how much could John expect to collect in yearly leases for the whole building in a given year?
In the given year, John may anticipate earning $29,090.91 in annual rent for the entire building.
Simply put, probability is the likelihood that something will occur. When we don't know how an event will turn out, we can discuss the likelihood or likelihood of several outcomes. Statistics is the study of events that follow a probability distribution.
E (X) = 0 * (10 / 33) + 1 * ( 1 / 33) + 2 * (7 / 33) + 3 * (1 / 11) + 4 * (4 / 33) + 5 * (8 / 33) = 2.424
E (X) = 12000 * 2.424 = 29090.9
E (X) = $29,090.91
As a result, John may anticipate earning $29,090.91 in annual rent for the entire building in the given year.
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in sap erp, sales order management process, a billing document is created. when a billing document is saved, in sap erp, what integration points occur?
When a billing document is saved in SAP ERP, there are several integration points that occur. These include:
The billing document is linked to the sales order that it was created from, which allows the system to update the sales order with the billing information.
The billing document is linked to the customer's account, which allows the system to update the customer's account balance with the amount of the billing document.
The billing document is linked to the financial accounting module, which allows the system to update the financial records with the billing information.
The billing document is linked to the material management module, which allows the system to update the inventory records with the quantity of goods that were billed.
Overall, when a billing document is saved in SAP ERP, several integration points occur in order to update the relevant information in the system.
pedro is the fastest package handler in your company. when you give him his annual performance review, you discount his misplacing of a few packages as a fluke. of what is this is an example? selective perception the contrast effect projection the halo effect
Pedro is your company's fastest package handler. You ignore the fact that he lost a few parcels when you give him his annual performance review as an example of what the halo effect, selective perception, and the contrast effect.
The process through which people decide which stimuli to focus on out of the numerous options that are constantly being provided to their senses.
Selective perception: People perceive what they see differently depending on their interests, experiences, backgrounds, and attitudes. Projecting one's own traits onto others is known as projection. The halo effect is the process of forming an overall opinion of a person from only one trait.
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leadership is the ability to marshal human, informational, and other resources to get something done.truefalse
It's untrue to say that leadership is the capacity to coordinate people, information, and other resources.
What is information?Information is a general term for everything with the capacity to inform. Information is most fundamentally concerned with the interpretation of what may be sensed. Any naturally occurring process that is not entirely random, as well as any discernible pattern in any medium, can be said to convey some level of information.
The main goal of relationship-oriented leadership behavior is to make sure that people, tools, and other resources are used effectively to carry out a group's or organization's mission. Leadership in the initiation of structures is more focused on task completion than on employee retention or happiness. information
Therefore, The Coordination of people, information, and other resources is a quality of leadership.
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a seller you're working with still owes $50,000 on his mortgage but wants to net $20,000 after the mortgage and 7% commission are paid. what is the minimum for which the house must sell?
The minimum amount for which the house must sell by a seller is $75,269.
As per the given data,
we need to find out the minimum amount for which the house must sell by a seller.
According to above stated question,
it is given that,
a seller you're working with still owes on his mortgage= $50,000
Amount that seller wants after mortgage is $20,000.
Commission paid by the seller is 7%
Now, working as per given information,
we get equation as:
$50,000 + $20,000 +7%= 100%
Now, by further solving the equation, we get
($50,000 + $20,000)/(100%-7%)
= $70,000/93%
=$70,000/0.93
By dividing $70,000 by 93% or 0.93, we get:
=75,268.81
= $75,269 (approximate)
Therefore, the minimum amount for which the house must sell by a seller is $75,269.
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describe which accounting reports, financial statements, and comparative analysis charts/graphs you generated, and how you assessed their accuracy and used the results to complete audit questions this term.
Through a company's balance sheet, income statement, or statement of cash flows, financial statement analysis evaluates a company's performance or value.
Investors may be able to get a more complete picture of a company's financial profile by employing a variety of methods, such as ratio analysis, horizontal analysis, and vertical analysis.
What are the three most important reports in financial accounting?
The required financial statements are the income statement, balance sheet, and statement of cash flows. Traders can use these three statements to quickly get a sense of a company's financial health and underlying value and to evaluate its financial strength.
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an furniture salesperson sells a couch for $1,560. she receives a 2.75% commission on the sale of the couch. how much did she earn on the sale?
An furniture salesperson sells a couch for $1,560. she receives a 2.75% commission on the sale of the couch. She earns $41.9 means total is $1609.1 on the sale.
A type of variable-pay compensation for goods or services sold are commission. Salespeople are frequently encouraged and rewarded with commissions. Additionally, commissions can be created to promote particular sales habits. For instance, commissions may be decreased while providing significant discounts. Or commissions might be raised when promoting particular goods that the company wishes to sell. The framework of a sales incentive program, which may comprise one or more commission plans, is where commissions are normally administered (each typically based on a combination of territory, position, or products). As a strategy for businesses to try to realign employee interests with those of the company, payments are sometimes calculated as a proportion of revenue. It is however possible to use models other than percentages, such as profit-based or bonus-based techniques. Instead of only being paid hourly or based on attempted sales, commissions allow sales employees to be compensated (in part or totally) depending on the goods or services actually sold.
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vertical analysis of financial statements is accomplished by preparing common-size statements. t or f
True, the vertical analysis of financial statements is accomplished by preparing common-size statements.
Each line item in the income statement or balance sheet is expressed as a proportion of the total assets using vertical analysis. To create common-size statements, these percentages are computed. To determine how each line item fits into the overall picture of an income statement, balance sheet, or cash flow statement, we can utilize vertical analysis.
A type of examination and interpretation of the financial statement is the common size statement. Another name for it is vertical analysis. With this approach, each line item in the financial statements is analyzed in relation to the base amount for that specific accounting period.
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in iaas, paas and saas service models, the consumer always has control over which abstraction layer?
The cloud service provider is different in that it hosts, controls, and maintains the computational and physical resources in its own data centres.
What is an example of the percentage of sales method?For instance, if the historical cost of products sold as a proportion of sales was 42%, the anticipated sales level would be 42% as well. The method can also be used to forecast some balance sheet entries, including inventory, accounts payable, and accounts receivable.
How do you calculate the sales charge percentage?The expenditure ratio is the formula for calculating sales as a percentage of total sales. Divide operating expenses by net sales to determine it, then convert the answer to a percentage.
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labor and management at wegners market are in a dispute. one way that management could exercise its bargaining power is by
The management and labor unions at Wegner's Market are at odds. Lockouts are one method through which management might use its negotiating position.
A lockout is started by employers or business owners, as opposed to a strike, which involves workers refusing to go to work. Lockouts might include changing locks or employing security guards at the location, but they are typically conducted by simply refusing to let employees into the company's premises.
When a company closes a workplace or stops assigning work to its employees who are part of a negotiating unit, a lockout occurs. A lockout is intended to apply pressure on the workers and their union during collective bargaining.
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a company has an overhead application rate of 127% of direct labor costs. how much overhead would be allocated to a job if it required direct labor costing $22,000?
The job's overhead budget is $26,840. Writing out the parameters listed in the inquiry is the first step.
For direct labor costs, the overhead application has a rate of 122%.
$22,000 is the total labor cost.
Following is a formula for calculating the overhead allocation:
= 122/100 × 22,000
= 1.22 × 22,000
= 26,840
Consequently, $26,840 will be allocated as overhead.
Depending on whether the quantity of overhead is greater than what was applied to the project, it is said to have been underapplied or overapplied. To determine if overhead was used excessively or insufficiently over time, the cost account of the company must equal the manufacturing overhead account. Overhead was applied too much if credits were greater than debits; too little if debits were greater than credits.
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what are problem-orientated frameworks for additional assessment based on problem identification items that form a critical link to decisions about care planning?
Resident assessment protocols are problem-orientated frameworks for additional assessment based on problem identification items that form a critical link to decisions about care planning.
A business framework model explains how a company develops, delivers, and collects value in a variety of contexts, including social, cultural, and economic ones. Business strategy includes the development and change of business models, which is often referred to as business model innovation. In both theory and practice, the term "business model" refers to a wide range of informal and formal descriptions that characterize the fundamental elements of a company or organization, such as its mission, its strategy, its target market, its offerings, its organizational structure, its sourcing methods, its trading practices, and its operational procedures and policies, including its culture. Business models are defined as the organizational structures that are created to implement a commercial opportunity through a methodical evaluation and analysis of management survey results. Extensions of this design logic that place more emphasis on story or coherence in business model descriptions highlight the methods through which entrepreneurs build incredibly successful growth companies.
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Suppose a bank has excess reserves of $50 and the reserve ratio is 20%. If Andy deposits $5,000 of cash in his checking account and the bank lends $2,500 to Molly, the money supply.
A. Is increased by $7,500
B. Is increased by $2,500
C. Remains unchanged
D. Is decreased by $5,000
B. Is increased by $2,500 (same amount as loans)
Suppose a bank has excess reserves of $50 and the reserve ratio is 20%. If Andy deposits $5,000 of cash in his checking account and the bank lends $2,500 to Molly, the money supply : B) Is increased by $2500.
Excess Reserves:Reserves are the minimum amount of cash a financial institution needs to meet central bank requirements. This is a real bank note that the bank must keep in a local vault or central bank account. Cash reserve requirements are designed to ensure that any bank can meet large and unexpected withdrawal needs.
In the United States, the Federal Reserve Board mandates the amount of cash (reserve ratio) that all banks must hold. Historically, reserve ratios have ranged from zero to 10% of bank deposits.
Reserve ratio:A reserve ratio is the portion of a reserve able liability that a commercial bank must hold instead of lending or investing. This is a requirement set by the country's central bank (the Federal Reserve in the United States). Also called cash reserve ratio.
Money Supply:Money supply includes all currencies and other liquid instruments in a country's economy as of the measurement date. Broadly speaking, the money supply includes both cash and deposits, and can be used just as easily as cash.
The government combines the Central Bank and the Treasury to issue banknotes and coins. Banking regulators influence the amount available to the public by requiring banks to hold reserves, loans, and other financial matters.
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What is one way that economics can influence your daily life?by forcing a decision on a career pathby limiting your ability to save moneyby helping you understand that every choice has a tradeoffby determining if goals are actually worthwhile.
The creation, transport, and consumption of goods and services are all subjects of social science economics.
What does production actually mean?Producing something is the act of creating something out of components or raw resources. To put it another way, production employs inputs to produce an output that is fit for consumption—a good or product that has value for a customer or end-user.
What does production serve to produce?"The purpose of production is to meet the demand for such converted resources," according to the definition of production as "the organised activity of changing resources into end goods in the form of goods or services."
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Yes or No? If a consumer DOES NOT have any collection accounts, does that have a negative impact on their score?
Answer:
No
Explanation:
Having collection accounts can reduce credit scores EVEN after you pay them off. So it's good to not have collection amounts. Hence, NOT having collection amounts will NOT have a negative impact.
choose the groups of performance measures typically used in the balanced scorecard approach.
The groups of performance measures typically used in the balanced scorecard approach is financial, internal company processes, learning and development and customer views are the four categories that make up the balanced scorecard strategy.
Client definition: An individual or company who orders products or services from this other company is known as a customer. Customers are significant since individuals bring in money. Organizations could end
their existence absent them.
Customer service is defined as...
Customer care is the assistance you provide to your clients to make their interactions using company simple plus exciting, both when and when they obtain and utilize your products or services. If you wish to keep clients but instead scale your business, you
must provide exceptional service.
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declining to participate in activities that an employee believes would be harmful to others is the same as whistleblowing. true or false
The answer is true. The issues, like fraud, that constitute whistleblowing as a crime. Someone's safety and health are in jeopardy. environmental risk or real environmental harm. a falsification of the law.
The phrase "whistleblowing" is used when an employee divulges information about wrongdoing. This is referred to as "making a disclosure" or "blowing the whistle" in this guidance. Usually, but not always, the wrongdoing will be something they have seen at work. Whistleblowing, or informing a third party of someone else's unethical activity, poses an ethical environmental. Whistleblowing can appear noble in some the circumstances but repugnant in others.
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Which of these can arguably lead to a more participative structure and lead to improved communication in the organization? O Vertically tall structures Structural interventions Centralization Command-and-control structure Decentralization
Decentralization may lead to a participative structure that improves communication in an organization.
What is Decentralization?
Decentralization or decentralisation is the process through which an organization's operations are disseminated or delegated away from a central, authoritative location or group, particularly those relating to planning and decision-making. Concepts of decentralization have been used in political science, law, public administration, economics, money, and technology, as well as group dynamics and management science in private firms and organizations.
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why might abc be helpful for a manufacturing company with products that use inputs (dm, dl, oh) at different rates?
Indirect expenses are taken into consideration in the cost-estimating approach known as "activity-based costing." It involves monitoring resource consumption and valuing outcomes at the end.
Assigning certain resources to objects is the purpose of activity-based costing. It describes in detail the actions that result in rising manufacturing costs.
The following steps are part of activity-based costing:
Find the tasks that must be done to finish a product.
Costs should be assigned to various pools after being traced to activities.
assign particular drivers.
Divide overhead expenses by the total number of cost drivers to arrive at the cost driver's rates.
The cost driver rate for each pool is calculated by dividing total overhead by total cost drivers.
Add together all of the cost drivers to get your cost driver rate.
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If the 2014 poverty line is based on the amount of money an individual has earned as income, then ____.
A. the poverty line will be adjusted to take the value of non-cash government assistance into account.
B. government programs that provide non-cash assistance to the poor are not considered.
C. the concept of what poverty means in the 21st century should be rethought from scratch.
D. it will be difficult to compare poverty rates over time in a market-driven economy.
If the 2014 poverty line is based on the amount of money an individual has earned as income, then government programs that provide non-cash assistance to the poor are not considered.
The poverty line, poverty threshold, or breadline is the lowest amount of income considered appropriate in a certain country. Typically, the poverty line is derived by determining the entire cost of a year's worth of essentials for the average adult. Because housing costs, such as rent for an apartment, account for the majority of this estimate, economists monitor the real estate market and other housing cost indicators as important influences on the poverty line. Individual considerations, such as whether one is a parent, old, a child, married, and so on, are frequently utilized to account for diverse conditions. The poverty line may be raised or lowered on an annual basis.
In practice, the official or popular understanding of the poverty line, like the concept of poverty, is substantially greater in affluent countries than in developing countries. Mollie Orshansky devised the poverty threshold between 1963 and 1964. She calculated the poverty line as a measure of income insufficiency by increasing the cost of a three- or four-person family's meal plan by a factor of three. The interagency poverty level review group changed the threshold in 1969 to account only for price fluctuations.
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if your income increases by $800 and you consume only $300 of it, your marginal propensity to consume would be equal to
The marginal prospensity to consume would be equal to 0.375
Marginal prospensity to consume (MPC) refers to any change in consumption divided by change in income. MPC shows the amount of extra income an individual spend on the consumption of goods and services. MPC can be calculated using formula:
MPC = changes in consumption
changes in income
MPC = ΔC/ΔY
From the case, we know that:
ΔC = $300
ΔY = $800
MPC ?
MPC = changes in consumption
changes in income
MPC = $300 / $800
MPC = 0.375
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If H. R. 3999 i amended and different verion are paed in each chamber, which type of committee will revie the Houe and Senate bill?
If H.R. 3999 is amended and different versions are passed in each chamber, the type of committee which will revise the House and Senate bills is the Select committee.
With the outstanding exception of the Permanent Select Committee on Intelligence, select committees are established by means of a determination to conduct investigations or remember actions, typically on a specific topic.
If H.R. 3999 is altered and separate versions of it are passed in each chamber, we are requested to determine the type of committee that would review the House and Senate measures. As a result, we can see that a select committee is required to make the adjustment because of their investigative role, which allows them to provide reports or legislation drafts.
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The complete question is:
If H.R. 3999 is amended and different versions are passed in each chamber, which type of committee will revise the House and Senate bills?
A. joint committee
B. select committee
C. standing committee
D. conference committee
the term consumer sovereignty refers to: group of answer choices the fact that the consumer is king in a market economy, and this dictator will harshly punish any firm that does not quickly respond to his dollar votes. the fact that the consumer is ruled by the corporation and must play by its set of rules. the fact that the government is ruled by the consumer, which in turn is ruled by the corporation.
Consumer sovereignty refers that consumer is king in a market economy.
The correct option is a.
The economic principle of "consumer sovereignty" holds that the customer has some control over the products that are produced and that they are the best arbiters of their own wellbeing.
The ability of consumers to decide what end goods should be made from scarce resources, as opposed to the owners of those resources, is known as consumer sovereignty in production. The idea that consumer demand drives the creation of products and services is occasionally put up as a hypothesis .
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