Answer:
The correct answer is letter "A": business cycle fluctuations.
Explanation:
Cyclical unemployment refers to unemployment related to downturns in the economy. It tends to be temporary but the length depends on the level of contraction of the economy during a recession. This type of unemployment is typical of the natural increase and decrease cycle of a nation's growth.
Answer:
product mix
Explanation:
The combination of product lines offered by a manufacturer is called the firm's: product mix.
Answer:
shopping
Explanation:
Shopping products are the ones that customers tend to compare in order to buy them considering different characteristics like price, style and quality. Because of this, customers take some time before deciding what to purchase and shoes can be considered a shopping good as consumers will make comparisons before deciding which one to buy.
Answer:
The correct answer is letter "B": inefficiencies result when incentives to produce are reduced.
Explanation:
Equity-efficiency tradeoff takes place when attempting to optimize the production efficiency, distribution of wealth is diminished. The concept is always linked to moral philosophy because it implies taking about how people organize themselves in the way to produce and share their goods in a fairly. According to this point of view, when there is not enough motivation to produce inefficiencies arise.
The Uniform Securities Act governs such actions and by performing these actions, the IAR has:
Performed an unethical business practice
Broken his fiduciary duty and created a conflict of interest
The Model Rule on Unethical Business Practices does not allow the loaning or borrowing of a client and an investment advisory representative or IAR because this may constitute a conflict of interest.