In a free market system how are incentives related to the principle of consumer sovereignty?

In a free market system how are incentives related to the principle of consumer sovereignty?
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The concept that under a system of free enterprise, it is consumers who decide what goods and services shall be produced and in what quantities is known as (1) Consumer Protection (2) Consumer’s Decision (3) Consumer Preference (4) Consumer’s Sovereignty

Description : The concept that under a system of free enterprise, it is consumers who decide what goods and services shall be produced and in what quantities is known as (1) Consumer Protection (2) Consumer’s Decision (3) Consumer Preference (4) Consumer’s Sovereignty

Last Answer : Consumer’s Sovereignty

Consumer's sovereignty means: (1) consumers are free to spend their income as they like. (2) consumers have the power to manage the economy. (3) consumer's expenditures influence the allocation of resources. (4) consumer goods are free from government control,

Description : Consumer's sovereignty means: (1) consumers are free to spend their income as they like. (2) consumers have the power to manage the economy. (3) consumer's expenditures influence the allocation of resources. (4) consumer goods are free from government control,

Last Answer : (1) consumers are free to spend their income as they like. Explanation: Consumer sovereignty means that buyers ultimately determine which goods and services remain in production. In unrestricted markets, ... to motivate producers. So ultimately it means how the consumers want to spend their incomes.

Consumer’s sovereignty means: (1) consumers are free to spend their income as they like. (2) consumers have the power to manage the economy. (3) consumer’s expenditures influence the alloca tion of resources. (4) consumer goods are free from government control.

Description : Consumer’s sovereignty means: (1) consumers are free to spend their income as they like. (2) consumers have the power to manage the economy. (3) consumer’s expenditures influence the alloca tion of resources. (4) consumer goods are free from government control.

Last Answer :  consumers are free to spend their income as they like.

One of the features of a free market economy is - (1) active state intervention (2) public ownership of factors of production (3) rationing and price control (4) consumer's sovereignty

Description : One of the features of a free market economy is - (1) active state intervention (2) public ownership of factors of production (3) rationing and price control (4) consumer's sovereignty

Last Answer : (4) consumer's sovereignty Explanation: Consumer Sovereignty is one of the features of a free market economy. It refers to the assertion consumer preferences determine the production of goods and ... market performance is in fact responsive to the specific wants of the consumers within the system.

One of the features of a free market economy is (1) active state intervention (2) public ownership of factors of production (3) rationing and price control (4) consumer’s sovereignty

Description : One of the features of a free market economy is (1) active state intervention (2) public ownership of factors of production (3) rationing and price control (4) consumer’s sovereignty

Last Answer : consumer’s sovereignty

Adam Smith called price mechanism as (a) Invisible hands ; (b) Consumer sovereignty ; (c) Consumer liberty ; (d) Price regulation

Description : Adam Smith called price mechanism as (a) Invisible hands ; (b) Consumer sovereignty ; (c) Consumer liberty ; (d) Price regulation

Last Answer : (a) Invisible hands ;

The principle of “let the buyer be aware “ is based on the _____________theory A. Capitalist B. Consumer C. Free-market D. None of the above

Description : The principle of “let the buyer be aware “ is based on the _____________theory A. Capitalist B. Consumer C. Free-market D. None of the above

Last Answer : C. Free-market

Market research is needed for _____________ 1. choosing the right sales persons2. Choosing the right products 3. Making proper marketing decisions 4. Deciding the sales incentives 5. None of these

Description : Market research is needed for _____________ 1. choosing the right sales persons 2. Choosing the right products 3. Making proper marketing decisions 4. Deciding the sales incentives 5. None of these

Last Answer : Making proper marketing decisions

In a pure market economy, which of the following is a function of the price? I. provide information to sellers and buyers , II. provide incentives to sellers and buyers a. I only b. II only c. both I and II d. neither I nor II

Description : In a pure market economy, which of the following is a function of the price? I. provide information to sellers and buyers , II. provide incentives to sellers and buyers a. I only b. II only c. both I and II d. neither I nor II

Last Answer : c. both I and II

By increasing the 'Bank Rate', the RBI can: a) provide incentives to commercial banks to lend more to public b) provide incentives to commercial banks to lend less to public c) increase the money supply in the market d) none of the above

Description : By increasing the 'Bank Rate', the RBI can: a) provide incentives to commercial banks to lend more to public b) provide incentives to commercial banks to lend less to public c) increase the money supply in the market d) none of the above

Last Answer : b) provide incentives to commercial banks to lend less to public Bank rate is the rate at which commercial banks can borrow money from the RBI. If the rate is higher, then taking money from RBI becomes difficult, so the banks will lend less to public. And vice-versa.

State the incentives and penalties related with power factor tariff.

Description : State the incentives and penalties related with power factor tariff.

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Should the government be looking at incentives to maintain a labor demand?

Description : Should the government be looking at incentives to maintain a labor demand?

Last Answer : No. They should promote and retrain people for better jobs. A human is more useful now then in the past. A higher wage should reflect that. I think high school should be mandatory as well as the first ... . They should change the adult age cap at 25 to vote and drink and to get free education .

What do you think about "Green" Incentives?

Description : What do you think about "Green" Incentives?

Last Answer : answer:More often than you might think, green' is more about branding and image management - and bonhomies - than anything else. I think that they shouldn't bother, since I don't think that ... you get your green. And jobs get outsourced to China and India where nobody cares about this stuff.

What rewards await a female suicide bomber in heaven, what are the incentives?

Description : What rewards await a female suicide bomber in heaven, what are the incentives?

Last Answer : Who can possibly answer this anyway – it’s not like any of it makes sense, you know? I’m assuming she won’t be stoned to death for dishonoring her father or something special like that but it’s pretty much it.

How do you find car lease incentives?

Description : How do you find car lease incentives?

Last Answer : Car lease financing is very tough right now. Has anyone even seen an add for a car lease in the last 2 weeks? I have not….

And we needed financial incentives for companies to make wooden arrow heads why?

Description : And we needed financial incentives for companies to make wooden arrow heads why?

Last Answer : answer:Apparently, in Oregon the children are missing out on the great sport of bow hunting because of the additional $.39 being added on to the cost of an arrow. This was inserted on ... like this is repealing part of the Pittman-Robertson Act which was intended to benefit wildlife preservation.

What are the best employee incentives?

Description : What are the best employee incentives?

Last Answer : What prizes can you offer that will ignite your workforce's natural competitiveness and get them engaged and excited?From a high-level view, rewards fall into 3 buckets (which we'll cover more below ... rewards and experiences that make your customers, or in this case your employees, say 'wow!'

Should a business provide incentives?

Description : Should a business provide incentives?

Last Answer : Incentive is some form of motivation like payments given to the workers to improve output. Yes, I think it's good especially if the business is in a place with stiff competition. Employees will ... motivations apart from a few. If all business could adapt this, then most businesses will succeed.

Different Airlines Offer Different Incentives?

Description : Different Airlines Offer Different Incentives?

Last Answer : When you are planning a trip, there are several different typesof airlines that you can choose from. Your ultimate destinationwill have the largest impact on the type of airline you choose, butthere ... youunderstand what types of airplanes you will be flying all the wayto your destination. The sm

What kind of incentives do nurse recruitment agencies offer?

Description : What kind of incentives do nurse recruitment agencies offer?

Last Answer : The are several incentives used by nurse recruitment agencies. From guaranteed employment, to a high salary, to job safety.

What tax incentives are there for buying a hybrid car in the USA?

Description : What tax incentives are there for buying a hybrid car in the USA?

Last Answer : If you are looking for more information on what tax incentives are there for buying a hybrid car in the USA, the best place to look is on www.hybridcars.com/federal-incentives.html

Finding Tax Incentives?

Description : Finding Tax Incentives?

Last Answer : In addition to being environmentally friendly, a hybrid vehicle may be eligible for tax credits or incentives. There is no longer a Federal tax credit available for hybrids that are purchased ... tax incentives. Certain insurance companies may offer some sort of incentive for purchasing a hybrid.

Which of the following is most likely to stimulate customer loyalty ? 1. corruption 2. sweepstakes 3. frequent-user incentives 4. samples 5. premiums

Description : Which of the following is most likely to stimulate customer loyalty ? 1. corruption 2. sweepstakes 3. frequent-user incentives 4. samples 5. premiums

Last Answer : frequent-user incentives

The major DISADVANTAGE of a mail survey versus a telephone or personal interview survey is 1. having to offer incentives 2. the low response rate 3. the elimination of interview bias 4. the lack of open-ended questions 5. cos

Description : The major DISADVANTAGE of a mail survey versus a telephone or personal interview survey is 1. having to offer incentives 2. the low response rate 3. the elimination of interview bias 4. the lack of open-ended questions 5. cos

Last Answer : the low response rate

Minimum Support Price is announced by the government to provide : (a) incentives to farmers for raising production (b) incentives to traders to earn maximum profit from farmers (c) incentives to moneylenders to lend maximum to farmers (d) none of the above

Description : Minimum Support Price is announced by the government to provide : (a) incentives to farmers for raising production (b) incentives to traders to earn maximum profit from farmers (c) incentives to moneylenders to lend maximum to farmers (d) none of the above

Last Answer : (a) incentives to farmers for raising production

Which of the following is not a disadvantage of hybrid vehicles? 1) You will not get as many discounts or incentives as you will get with electric vehicles. 2) They aren't as powerful. 3) Lower mileage and higher emissions. 4) They are not exempted from tax.

Description : Which of the following is not a disadvantage of hybrid vehicles? 1) You will not get as many discounts or incentives as you will get with electric vehicles. 2) They aren't as powerful. 3) Lower mileage and higher emissions. 4) They are not exempted from tax.

Last Answer : 3) Lower mileage and higher emissions.

Location decisions Location decisions should consi should consider all der all of the followi he following except ng except a. Product cost b. Access to markets Access to markets c. Access to labour skills d. Local government government tax incentives

Description : Location decisions Location decisions should consi should consider all der all of the followi he following except ng except a. Product cost b. Access to markets Access to markets c. Access to labour skills d. Local government government tax incentives

Last Answer : a. Product cost

Which of these factors factors would be consider be considered when ed when making a location ocation decision decision at the site level? a. government government rules, attitudes, attitudes, stability, stability, incentives incentives b. cultural cultural and economic economic issues c. zoning regulations d. cost and availability availability of utilities utilities e. proximity proximity to raw materials materials and customers

Description : Which of these factors factors would be consider be considered when ed when making a location ocation decision decision at the site level? a. government government rules, attitudes, ... availability availability of utilities utilities e. proximity proximity to raw materials materials and customers

Last Answer : c. zoning regulations

When making a location decision at the region/community level, which of these would be considered? a. government government rules, attitudes, attitudes, stability, stability, incentives incentives b. cultural cultural and economic economic issues c. cost and availability of utilities d. zoning restrictions restrictions e. air, rail, highway, highway, waterway waterway systems

Description : When making a location decision at the region/community level, which of these would be considered? a. government government rules, attitudes, attitudes, stability, stability, incentives incentives b ... d. zoning restrictions restrictions e. air, rail, highway, highway, waterway waterway systems

Last Answer : c. cost and availability of utilities

Which of these factors would be co d be considered when making a lo ng a location decision at the region/community level? a. government government rules, attitudes, attitudes, stability, stability, incentives incentives b. cultural cultural and economic economic issues c. zoning restrictions restrictions d. environmental environmental impact issues e. proximity to raw materials and customers

Description : Which of these factors would be co d be considered when making a lo ng a location decision at the region/community level? a. government government rules, attitudes, attitudes ... zoning restrictions restrictions d. environmental environmental impact issues e. proximity to raw materials and customers

Last Answer : e. proximity to raw materials and customers

Export incentives taxable under this head includes a) Cash Compensatory Support b) Duty Drawback c) Profit on transfer of DPEB d) All of the above

Description : Export incentives taxable under this head includes a) Cash Compensatory Support b) Duty Drawback c) Profit on transfer of DPEB d) All of the above

Last Answer : d) All of the above

An organization’s appropriate tone at the top promoting ethical conduct is an example of: A. Ethics sensitivity. B. Ethics incentives. C. Ethical behavior. D. Consequentialist.

Description : An organization’s appropriate tone at the top promoting ethical conduct is an example of: A. Ethics sensitivity. B. Ethics incentives. C. Ethical behavior. D. Consequentialist.

Last Answer : C. Ethical behavior.

An organization’s appropriate tone at the top promoting ethical conduct is an example of: A. Ethics sensitivity. B. Ethics incentives. C. Ethical behavior. D. Consequentialist

Description : An organization’s appropriate tone at the top promoting ethical conduct is an example of: A. Ethics sensitivity. B. Ethics incentives. C. Ethical behavior. D. Consequentialist

Last Answer : C. Ethical behavior.

Which element of the promotional mix consists of short-term incentives to encourage the purchase of a product? A. advertising B. public relations C. direct marketing D. sales promotion

Description : Which element of the promotional mix consists of short-term incentives to encourage the purchase of a product? A. advertising B. public relations C. direct marketing D. sales promotion

Last Answer : D. sales promotion

Which tool of the promotional mix consists of short-term incentives to encourage the purchase or sale of a product or service? A. Advertising B. Public relations C. Direct marketing D. Sales promotion

Description : Which tool of the promotional mix consists of short-term incentives to encourage the purchase or sale of a product or service? A. Advertising B. Public relations C. Direct marketing D. Sales promotion

Last Answer : D. Sales promotion

Which of the following is most likely to stimulate customer loyalty? A)Coupons B)Sweepstakes C)Frequent -user incentives D)Samples E)Premiums

Description : Which of the following is most likely to stimulate customer loyalty? A)Coupons B)Sweepstakes C)Frequent -user incentives D)Samples E)Premiums

Last Answer : C)Frequent -user incentives

Fraudulent usage, inability to attract potentially brand -loyal customers, and use by current customers but not new customers, are believed to be disadvantages of which of the following? A)Sweepstakes B)Money refunds C)Frequent -user incentives D)Coupons E)Premiums

Description : Fraudulent usage, inability to attract potentially brand -loyal customers, and use by current customers but not new customers, are believed to be disadvantages of which of the following? A)Sweepstakes B)Money refunds C)Frequent -user incentives D)Coupons E)Premiums

Last Answer : D)Coupons

Which of the following statements is considered a disadvantage of the straight commission compensation method? A)It necessitates closer supervision of a salesperson's activities. B)It may be difficult to administer. C)Selling costs are less predictable. D)It provides no incentives.

Description : Which of the following statements is considered a disadvantage of the straight commission compensation method? A)It necessitates closer supervision of a salesperson's activities. B)It may be difficult to administer. C)Selling costs are less predictable. D)It provides no incentives.

Last Answer : C)Selling costs are less predictable.

The major DISADVANTAGE of a mail survey versus a telephone or personal interview survey is: A)having to offer incentives B)the low response rate C)the elimination of interview bias D)the lack of open-ended questions E)the cost

Description : The major DISADVANTAGE of a mail survey versus a telephone or personal interview survey is: A)having to offer incentives B)the low response rate C)the elimination of interview bias D)the lack of open-ended questions E)the cost

Last Answer : B)the low response rate

Alfie Kohn suggests that for people to be motivated it is only necessary to provide the right : (a) Incentives ; (b) Rewards ; (c) Environment ; (d) Compensation

Description : Alfie Kohn suggests that for people to be motivated it is only necessary to provide the right : (a) Incentives ; (b) Rewards ; (c) Environment ; (d) Compensation 

Last Answer : ; (c) Environment ; 

Research indicates that financial incentives _____________ commitment to difficult goals. (a) do not impact ; (b) significantly increase ; (c) decrease ; (d) increase

Description : Research indicates that financial incentives _____________ commitment to difficult goals. (a) do not impact ; (b) significantly increase ; (c) decrease ; (d) increase

Last Answer :  (c) decrease ;

The reason for the decline in the child sex ratio in India is. a) Low fertility rate. b) Female foeticide c) Incentives for boy child from government d) None of the above

Description : The reason for the decline in the child sex ratio in India is. a) Low fertility rate. b) Female foeticide c) Incentives for boy child from government d) None of the above

Last Answer : Answer- b

The basic features of the Indian Constitution which are not amendable under Article 368 are – (1) Sovereignty, territorial integrity, federal system and judicial review. (2) Sovereignty, territorial integrity and parliamentary system of government. (3) Judicial review and the federal system. (4) Sovereignty, territorial integrity, federal system, judicial review and parliamentary system of government.

Description : The basic features of the Indian Constitution which are not amendable under Article 368 are - (1) Sovereignty, territorial integrity, federal system and judicial review. (2) Sovereignty ... 4) Sovereignty, territorial integrity, federal system, judicial review and parliamentary system of government.

Last Answer : (4) Sovereignty, territorial integrity, federal system, judicial review and parliamentary system of government. Explanation: The power of Parliament to legislate and amend provisions of the ... review; Independence of Judiciary; Harmony between Fundamental rights and Directive principles; etc.

Which of the following is the inalienable attribute of the parliamentaiy system of government? (1) Flexibility of the Constitution (2) Fusion of Executive and Legislature (3) Judicial Supremacy (4) Parliamentary Sovereignty

Description : Which of the following is the inalienable attribute of the parliamentaiy system of government? (1) Flexibility of the Constitution (2) Fusion of Executive and Legislature (3) Judicial Supremacy (4) Parliamentary Sovereignty

Last Answer : (2) Fusion of Executive and Legislature Explanation: A parliamentary system is a system of democratic governance of a state in which the executive branch derives its democratic legitimacy ... to, the legislature (parliament). The executive and legislative branches are thus interconnected.

The modern state system with its territorial sovereignty came into existence first in Europe in the wake of the : (1) Treaty of Versailles (2) Congress of Vienna (3) Treaty of Westphalia (4) Congress of Berlin

Description : The modern state system with its territorial sovereignty came into existence first in Europe in the wake of the : (1) Treaty of Versailles (2) Congress of Vienna (3) Treaty of Westphalia (4) Congress of Berlin

Last Answer : (3) Treaty of Westphalia Explanation: The peace treaties of Westphalia were, signed in 1648, which led to the emergence of modern state system in international relations.

The importance of Popular Sovereignty in the Constitution?

Description : The importance of Popular Sovereignty in the Constitution?

Last Answer : Don’t expect anyone here to do your homework for you.

What do you think about the fact that Israel will not accept a Palaestinian state with full sovereignty while demanding that Palaestina recognise Israel's full sovereignty?

Description : What do you think about the fact that Israel will not accept a Palaestinian state with full sovereignty while demanding that Palaestina recognise Israel's full sovereignty?

Last Answer : Well, what can I say – I think it’s baloney but you don’t want me to get started with my anti-Israeli politics sentiments

Would the world be more tolerant of Israel's defense of their sovereignty were it not for it's close ties to the United States?

Description : Would the world be more tolerant of Israel's defense of their sovereignty were it not for it's close ties to the United States?

Last Answer : No.

Have you heard that some nine of the United States are declaring sovereignty?

Description : Have you heard that some nine of the United States are declaring sovereignty?

Last Answer : Yes but this is just a movement for greater state control in government, not a rebellion. It is largely a reaction to what is seen as excessive spending by the federal government, especially in ... massive bailouts and expanded social programs are likely to come at an enormous cost to the states.

Give the meaning of Absentee Sovereignty. Why was it resented by the Indians? -SST 10th

Description : Give the meaning of Absentee Sovereignty. Why was it resented by the Indians? -SST 10th

Last Answer : Absentee Sovereignty means that India was being ruled by the British government from England, at a distance of thousands of miles. The Indians felt that India's wealth was being drained to England and not utilised for their welfare.