Although you both like the jeans and would love to purchase them, only one of you has the money to actually purchase the jeans. Therefor, the answer is B. your friend, because he likes the jeans and has the money to buy them. Retailers only 'care' about the person actually making the decision to purchase and use the product. If one person does not have the money to purchase it, they don't really need to make sure that person is in demand for it.
You and a friend go clothes shopping and find a great pair of jeans. They fit you perfectly, but they also cost $100. You are willing to buy them, but you only have $50 in your wallet to spend on new clothes. Your friend likes the jeans and has the money to buy them. The jeans would count as a demand for your friend because he likes the jeans and has the money to buy them. The correct option is B.
What is meant by demand?Demand simply refers to a consumer's eagerness to purchase goods and services and pay the price for them. Simply put, demand is the number of goods that customers are ready and willing to purchase at various prices during a given time period.
Demand is an economic concept that refers to a consumer's desire to buy goods and services as well as his or her willingness to pay a specific price for them. When the price of a good or service rises, the quantity demanded decreases.
Thus, the ideal selection is option B.
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Merchargy is a firm that supplies garments to apparel stores. Merchargy discovered that one of its customers, apricoress, a large apparel store, had been selling the products sourced from merchargy at exorbitant rates. As this was a violation of their trade contract, merchargy filed a suit against apricoress on the grounds of fraud and won the case. Apricoress incurred huge losses because of the compensation it had to pay merchargy. In the context of the general environment, this scenario best illustrates the effect of the _____ on organizations.
In the context of the general environment, this scenario best illustrates the effect of the "legal component" on organizations.
The general environment is the bigger environment inside which the errand condition is implanted. It incorporates political and legitimate powers, macroeconomic powers, statistic powers, sociocultural powers, innovative powers, and global powers. Components in the general condition affect the association through the medium of the task environment.
The general environment helps shape the errand condition, in this way deciding the greatness of the openings and dangers facing the association. The general condition is less simple to shape than the errand condition, however it is no less critical.
The scenario best illustrates the effect of legal factors on organizations, as seen when Merchargy successfully sued Apricoress for fraud, leading to financial losses. Similar legal challenges have impacted firms globally, from supermarkets in Europe to international cartels in the vitamin industry, signifying the importance and impact of legal compliance on businesses.
Explanation:The scenario provided illustrates the effect of legal factors on organizations. When Merchargy sued Apricoress for fraud and won, this demonstrated how a breach of contract and fraudulent activities can lead to legal actions, resulting in significant financial consequences for the violating party. Cases in France with hypermarkets like Carrefour and in England with Asda also highlight how legal challenges can arise when firms engage in anti-competitive practices or violate agreements.
Moreover, the international prosecution of cartels, as seen with firms like Hoffman-La Roche, BASF, and Rhone-Poulenc in the vitamin industry, underscores the global scope and serious repercussions that come with such legal breaches. Regulatory bodies across markets can cooperate to impose heavy fines and penalties, and in some cases, even jail time for executives. This reflects the importance of adhering to legal standards and the potential for legal factors to shape market dynamics and the operations of firms.
PLEASE HELP WILL GIVE BRAINLIEST TO CORRECT ANSWER
Based on the chart below, what is the year 2 nominal GDP?
A.$14,850
B.$24,000
C.$15,600
D.$8,400
Answer: The nominal GDP in year 2 is $24,000 (Option B).
The nominal GDP is value of all goods and services produced in a given year. It is calculated using the prices that are prevailing in the relevant year.
In this case we calculate the nominal GDP by first find the product prices prevailing in year 2 and the output in year 2.
Product Year 2 Price - P2 Year 2 Quantity - Q2 P2 * Q2
Laptops 1000 18 18000
Desktops 300 20 6000
Total 24000
What is the meaning of confidence?
A. Being arrogant
B. Having the courage to make decisions
C. Helping your teammates
D. Being sincere