Factors That Will Tend to Lead to Higher Demand for Premium

question 191

Multiple Choice

Factors that will tend to lead to higher demand for premium bottled water include all of the following except

• A)the popularity of the product with millennials.
• B)taxes on sodas that cities have been imposing.
• C)doubts about the benefits of ingredients such as electrolytes which are not found in regular bottled water.
• D)the possibility of attracting consumers who now prefer energy drinks and sports drinks.

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Definitions:

Put Options

Financial contracts giving the owner the right, but not the obligation, to sell a specified amount of an underlying security at a specified price within a specified time frame.

Stock Price

The current price at which a share of a company is bought or sold on the stock market.

Cost Of Goods Sold

The total cost of materials and labor directly associated with the production of goods sold by a business.

Direct Costs

Direct costs are expenses directly associated with the production of goods or services, such as materials and labor.