A Consumer's Right to Choose Refers to

question 91

Multiple Choice

A consumer's right to choose refers to

• A) his right to have an inventory of more than one to choose from.
• B) her right to decide what store to buy from.
• C) his right to eliminate products that do not meet his needs.
• D) the assurance that competition is working effectively.

---

Definitions:

Tax Rate

The tax rate is the percentage at which an individual or corporation is taxed.

EBIT

Stands for Earnings Before Interest and Taxes, a financial indicator that calculates a firm's profit excluding interest and income tax expenses.

Cost of Capital

A company's expense of funding its operations either through debt, equity, or a combination, representing the return rate investors expect.

Tax Rate

The level at which a person or business's income is subjected to taxation.