Which of the Following Is NOT a Determinant of Demand

question 53

Multiple Choice

Which of the following is NOT a determinant of demand?

• A) consumers' incomes
• B) prices of other goods
• C) consumers' tastes
• D) production technology

Analyze the effect of operational changes on a firm’s financial cycle.

Understand the relationship between sales, cost of goods sold (COGS), and inventory turnover.

Calculate and interpret the effective annual interest rate on financial arrangements.

Understand the significance of accounts receivable turnover as a measure of liquidity.

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Definitions:

Board

A group of individuals elected or appointed to govern the affairs of an organization.

Corporation's Assets

Corporation's Assets are all properties, both tangible and intangible, owned by a corporation, including cash, equipment, trademarks, and other resources.

Dissolution

The process of formally ending or dissolving an entity, such as a corporation, partnership, or marriage, through legal means.

Corporation

A legal entity formed by issuing stock to investors, who are the owners of the corporation.