"The economic theory suggests that consumers will not shop at or spend their money with a company if they disagree with their morals and values." What is the source for this assertion?
Answer - The ethical values and the social contributions are the source for this assertion. If the public feels that the company does not follow the ethical code of conduct and its principles, it is not doing any social contribution then it may withdraw its support from the company.
"The economic theory suggests that consumers will not shop at or spend their money with a...
Economic theory suggests that international trade is primarily due to absolute advantage. strategic advantage. comparative advantage. technical advantage.
1. Economic theory assumes consumers are rational. Still, in practice, we see a lot of irrational behavior. Give an example(s) of irrational economic decision-making.
1. In the simple quantity theory of money, changes in the money supply affect the price level, but not real GDP. Do you agree or disagree with this statement. Explain your answer. 2. What are the assumptions and predictions of the simple quantity theory of money? Does the simple quantity theory of money predict well?
How much money do people spend on graduation gifts? In 2007, a federation surveyed 2815 consumers who reported that they bought one or more graduation gifts that year. The sample was selected in a way designed to produce a sample representative of adult Americans who purchased graduation gifts in 2007. For this sample, the mean amount spent per gift was $52.65. Suppose that the sample standard deviation was $20. Construct a 98% confidence interval for the mean amount of money...
The residual theory of dividends suggests that dividends are to the value of the firm. Select one: a. irrelevant b. relevant C. residual d. integral What are the two drawbacks associated with the payback period? Select one: a. The time value of money is ignored. It ignores cash flows beyond the payback period. b. The time value of money is considered. It ignores cash flows beyond the payback period. c. The time value of money is considered. It includes cash...
Consumers spend an average of $13.80 on a meal at a restaurant. Assume that the amount spent on a restaurant meal is normally distributed and the standard deviation is $2.00. Between what two values will the middle 95% of the amounts spent fall? $9.88 to $17.72 $8.22 to $16.59 $9.51 to $18.69 $7.75 to $17.45
Question 5 Economic theory suggests that the upper part of the wealth distribution should approximately follow a Pareto distribution. A Pareto random variable has a density f(x) = 0x-0-1. The parameter 0 governs the speed of the decay of the density function. The larger tthe 0, the faster is the decay and the less unequal the wealth distribution is. The lower the 0, the slower is the decay of the density, and the larger is the share of the wealth...
Can you please help me with solving this papers regarding money theory (economic - FINANCE) ? i don't want the steps just the correct answer . Comists Stout Shows. mists Store Study the issue of money seriously because the evidence money supply ond price reuels move very closely together wry and interest rate movements are related to cach other The sunward trend in business economic Controle (economic Contraction is caused by the decline s in monetary prowth coused by All of...
1, 2, 3 and 4 please! Question 1 According to the theory of comparative advantage, trade wars are country involved andfor the smaller country involved. for the larger a) Good, Bad b) Bad, Good c) Good, Good d) Bad, Bad Question 2 the stated goal of the Federal Reserve is a) 0 inflation- prices should be consistent over time b) 2% inflation but only considering food and energy prices c) 2% "Core" inflation ignoring food and energy prices d) 2%...
The most influential theory of corporate responsibility of the past century is: the free society economic theory. the neoclassical economic theory. the social contract theory. the stakeholder theory. In which of the following ideas are the ethical roots of the economic model of corporate social responsibility found? The interests of stakeholders are as important as the interests of the corporation's stockholders. Managers are ethically obliged to make as much money as possible for their stockholders because to do otherwise would...