In Order to Be Considered a Market,people Do Not Have

question 105

Multiple Choice

In order to be considered a market,people do not have to have

• A)a need or desire for a particular product.
• B)the ability to purchase the product.
• C)discretionary income to purchase the product.
• D)the willingness to use their buying power.
• E)the authority to buy the specific products.

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Definitions:

Net Present Value

A calculation that represents the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

Debt-to-Assets Ratio

A financial ratio indicating the percentage of a company's assets that are financed through debt.

Flotation Costs

Expenses incurred by a company when it issues new securities, including fees for underwriting, legal counsel, and registration.