Social Studies, 22.11.2019 03:31 2005AngelMoore

Match each of economic concept with the scenarios that illustrates it.

scenarios:
1. hillary needs to buy an oven for her bakery. she compares the prices, maintenance costs, and power consumptions of three ovens. she compares the loan terms offered on them. finally, she settles for the one that will offer the best value for the money in the long run.

2. ramona international wants to raise about $20 million. it sells shares of company stocks in the stock market and brings many new shareholders onboard.

3. maxima and hercules are rival companies that make protein shakes. people love maxima protein shakes because they are delicious and packaged attractively. hercules protein shakes fail to impress most people. soon, hercules has to cut the production of its protein shakes and focus on other products.

matching choices:
a) consumer sovereignty

b) total cost of ownership

c) incorporation

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Match each of economic concept with the scenarios that illustrates it.

scenarios:

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