Which of the Following Is the LEAST Likely Reason That

question 35

Multiple Choice

Which of the following is the LEAST likely reason that consumers would prefer domestically made products over imports?

• A)belief that imports are subsidized
• B)feelings of national pride and sentiment
• C)negative associations with products from certain countries
• D)concerns that parts will be difficult to obtain for foreign products

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Definitions:

Total Revenue

The overall amount of money generated by a company from its business activities, before any expenses are subtracted.

Total Expenses

The sum of all costs and expenses incurred by a business during a given period, including operating and non-operating expenses.

Net Income

Net income is the profit a company makes after deducting all its costs and expenses from its total revenue.

Statement of Stockholders' Equity

A financial statement that shows the changes in the value of a company's equity over a specific period.