Which of the Following Has MOST Influenced Consumers to Demand

question 11

Multiple Choice

Which of the following has MOST influenced consumers to demand access to foreign-made products?

• A)Declining global affluence has caused consumers to seek out lower-priced products from abroad.
• B)Consumers have become more efficient in using media and technologies to compare prices worldwide.
• C)Fearing that their governments will enact restrictive policies on imports, consumers are stocking up on foreign products before restrictions are put in place.
• D)Expectations of rising prices of foreign products have caused consumers to seek foreign products before their prices become prohibitive.

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Definitions:

Estimated Life

The expected period over which an asset will be useful in the operations of a business.

Units-Of-Output Method

A depreciation technique that allocates the cost of an asset based on its usage, work output, or units produced.

Depreciable Cost

The cost of a fixed asset minus its salvage value, over which the cost is allocated across the useful life of the asset.

Actual Yearly Output

The total quantity of products or services produced by a company within a specific year.