The four core principles of economics that is most relevant for each aspects of that decision are:
- scarcity
- supply and demand
- costs and benefits
- incentives
<h3>What are the
core principles of economics?</h3>
Scarcity can be regarded as the economic concept which serves as the basic fact of life that there exists only a finite amount of human and nonhuman resources .
Supply and demand serves as the economic model of price determination that is bee used in the market and it seen in a competitive market, the unit price for a particular good, .
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Answer:
A. Promotional strategy
Answer: The statement 2, "Finding the present value of cash flows tells you how much you need to invest today so that it grows to a given future amount at a specified rate of return." Is <u>TRUE.</u>
Explanation: "Finding the <u>FUTURE VALUE </u>of cash flows tells you what a cash flow will be worth in future years at a specified rate of return." is the definition for FUTURE VALUE.
Answer:
The correct answer is (D)
Explanation:
If a customer wants to invest the agent must place the order as instructed. The agent must give all the information to the customers regarding the break-even discount. The complete information should include the ways through which the customer can earn the break-even discount. The agent should place the order and tell every opening and aspect of invest to the customer.
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