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optimism can lead to increased consumer spending and greater business productivity.Pessimism can make people more cautious,reducing consumer spending.
With an increase in consumer spending, there will be an increase in demand for goods/services, and therefore an increase in production, which drives the economy up.
if demand for anything is more than that product will sell more, if there is no demand for an item then that will not sale.so if sales are more there would be more profit ,if sales are less profit will also less. more profit means a good business and less profit means that business is not in a good position. i hope now u can understand it.shortly more consumer demand more good business,less consumer demand less business.
Production plays a crucial role in microeconomics as it determines the supply of goods and services in the market. The methods and efficiencies of production directly influence costs, pricing, and ultimately consumer demand. Changes in production levels can lead to shifts in supply curves, impacting equilibrium prices and quantities. Additionally, production decisions affect resource allocation and can influence competition within industries.
[If the Federal Reserve is selling bonds, banks will have lower reserves due to decreased deposits. With the decreased reserves, they will have to decrease the number and size of loans. The decrease in loans and the resulting higher interest rates discourage business (and consumer) borrowing and spending. The decreased spending in the economy should result in decreased business production and employment.]
How does social responsibility by businesses affect the consumer community negatively
Three factors that influence consumer behaviour are: 1. Consumer loyalty - When a consumer returns to you every time or keeps on purchasing from your business. 2. Environment - The environment of your business or where your business is located can affect your consumer e.g. If the surrondings are not healthy or clean it will affect your business 3. Price - If your prices are too high then persons would not want to buy from you, but if they are at a reasonable price then you would have a great amount of consumers and that can eventually lead to consumer loyalty.
optimism can lead to increased consumer spending and greater business productivity.Pessimism can make people more cautious,reducing consumer spending.
With an increase in consumer spending, there will be an increase in demand for goods/services, and therefore an increase in production, which drives the economy up.
The Korean War had no effect on Canada's sovereignty.
because it just does
consumer behaviors influences marketing strategy
if demand for anything is more than that product will sell more, if there is no demand for an item then that will not sale.so if sales are more there would be more profit ,if sales are less profit will also less. more profit means a good business and less profit means that business is not in a good position. i hope now u can understand it.shortly more consumer demand more good business,less consumer demand less business.
Discuss how the five functions of business- production,marketing,finance,human resources,and management will affect a tobacco farming business in East Africa.
[If the Federal Reserve is selling bonds, banks will have lower reserves due to decreased deposits. With the decreased reserves, they will have to decrease the number and size of loans. The decrease in loans and the resulting higher interest rates discourage business (and consumer) borrowing and spending. The decreased spending in the economy should result in decreased business production and employment.]
Factors that affect sovereignty include territorial integrity, external influence or intervention, economic dependency, military capability, and political stability. Additionally, international agreements or alliances, cultural values, and domestic governance structures can also impact a nation's sovereignty.
The factors that affect consumer spending are: Size of Income, Future Expenditures, and Social Influences.