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viva [34]
2 years ago
14

Which consumer responsibility suggests that you ask for manufacturers to fix faulty products?

Business
1 answer:
nataly862011 [7]2 years ago
4 0

Which consumer responsibility suggests that you ask for manufacturers to fix faulty products

the right to choose

Despite being otherwise progressive, this law did the non-Yugoslav minorities the injustice of temporarily depriving them of the right to vote under the convenient pretext that they could not do so until the two years had passed since the Treaty of Trianon secured their right to choose citizenship in a neighboring State. A movement to reform the constitution was started, with its main goals being to extend the presidential term to four years, grant Congress the power to select the president of the republic, and amend certain sections pertaining to the rights of those participating in armed uprisings motivated by political issues.

Learn more about right to choose here

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When trading with more developed countries, less developed countries have a comparative advantage in the production of all goods
stealth61 [152]

Answer:

less developed countries do not have a comparative advantage in the production of any goods or services.

Explanation:

Usually less developed countries do not have a full developed production

7 0
3 years ago
g The perfectly competitive firm's supply curve: Group of answer choices coincides with its perfectly elastic demand curve. is t
natulia [17]

Answer:

is the firm's marginal cost curve above the minimum point on the AVC curve.

Explanation:

In a perfect competition, there are many buyers and sellers of homogeneous products, and there is free entry and exit in the market.

This simply means that, in a perfectly competitive market, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.

Generally, a perfectly competitive market is characterized by the following features;

1. Perfect information.

2. No barriers, it is typically free.

3. Equilibrium price and quantity.

4. Many buyers and sellers.

5. Homogeneous products.

Examples of a perfectly competitive market are the Agricultural sector, e-commerce and the foreign exchange market.

In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.

The law of supply states that the higher the price of goods and services, the lower the supply.

An aggregate supply curve gives the relationship between the aggregate price level for goods or services and the quantity of aggregate output supplied in an economy at a specific period of time.

Aggregate supply (AS) refers to the total quantity of output (goods and services) that firms are willing to produce and sell at a given price in an economy at a particular period of time.

Hence, a perfectly competitive firm's supply curve is the firm's marginal cost (MC) curve above the minimum point on the average variable cost (AVC) curve.

8 0
3 years ago
Sandhill Co. entered into these transactions during May 2022, its first month of operations.
mixer [17]

Answer and Explanation:

The transactions 3 6 and 8 represents that the expenses are incurred which results in increased and expenses and the transaction 4 and 5 shows that there is an increased in revenue

The journal entry is shown below:

For transaction 3

Rent expense

        To Cash

(Being the rent expense is paid for cash is recorded)

As the expense has debit balance so it would be increased

For transaction 6

Electricity expenses Dr

      To Cash

(Being the energy usage is paid for cash is recorded)

As the expense has debit balance so it would be increased        

For transaction 8

Advertising expense Dr

             To Account payable

(Being the advertising expense is recorded)

As the expense has debit balance so it would be increased

For transaction 4

Account receivable Dr

        To Service revenue

(Being the service is provided)

As the revenue has credit balance so it would be increased

For transaction 5

Cash Dr

        To Service revenue

(Being the service provided is recorded)

As the revenue has credit balance so it would be increased

The attachment is provided for better understanding  

The other transactions represent the assets, liabilities and stockholder equity

8 0
3 years ago
Robert Necco and Nelson Packard are economists at Economic Research Associates. ERA asks Necco and Packard for their opinions ab
Lorico [155]

Answer: B) Correct Incorrect

Explanation:

Whilst it was generally believed at some point that raising taxes and Government Spending by the same amount would have no effect, research has disproven this thought.

This is because it was shown that an increase in Government Spending leads to a larger increase in GDP than an increase in taxes reduces it.

This is because when the Government spends money, the Multiplier effect of Government Spending is always 1 more than that of the Taxes therefore raising taxes and spending by the same amounts still increases the Real GDP because Government Spending will create more income than taxes will take.

Necco is right, Packard is wrong.

8 0
4 years ago
Josiah was managing a factory in India, and had a decision to make. The factory used child labor, which he disapproved of, but h
Marina CMI [18]

Answer: ethical dilemma                      

 

Explanation: In simple words, ethical dilemma refers to a condition in which an individual in authority have to make a choice of accepting one alternative over other in which none of the alternative is fully acceptable from the point of ethics.

In other words, it can be defined as a situation in which two principles of ethical psychology conflicts with each other. In these conditions, authority making the decision can never be fully ethical and have to give priority to one of the principles involved.

Hence from the above we can conclude that the given case depicts ethical dilemma.

5 0
4 years ago
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