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1 year ago

consumer advocates, government agencies, and other critics have accused marketing of harming consumers through

1 answer:

5 0

Consumer advocates, government agencies, and other critics have accused marketing of harming consumers through planned obsolescence.

Planned obsolescence is a business strategy in which a product's obsolescence—the process of becoming out-of-date or unusable—is anticipated and built into it from the manufacturer's perspective.

Although the phrase "planned obsolescence" didn't become widely used until the 1950s, consumerist society had already adopted the tactic by then. Planned obsolescence still persists today in many different ways, from subtle to overt.

Planned Obsolescence & End of Life: Bad for the Environment and Your Budget One of those overused corporate strategy terms is "planned obsolescence." It essentially shows how things can be created to be ineffective, outmoded, or obsolete. The buyer will nearly always purchase something new as a result.

Learn more about planned obsolescence here

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Ok so i have a ton of questions i need answered for this test im taking. its on economics. anyone think they can help? thank you

satela [25.4K]

1. All of the following were powers given to the federal government by the National Banking Acts of 1863 and 1864 EXCEPT D. to dismantle privately owned banks 2. When economists measure opportunity cost to help determine the true value of economic decisions, they consider both the D. monetary and human value. 3. Which of the following was NOT an economic institution created in Europe to help foster economic unity among the countries there? D. European Union (EU) 4. Though the challenges of decision making are similar at all levels of the economy, B. the impact decreases as more people are involved. I think that the impact decreases as more people are involved because these people will be able to analyze many more aspects involving a decision as well as its corresponding consequences. The decision made will be a result of consensus among the people involved for the benefit of the majority if not all. 5. All EXCEPT which of the following options could describe the statement below? You get something and you give up something else. B. consumer sovereignty – This is a situation where the desire of the consumer affects the production of their desired goods. 6. Who proposed the first bank of the United States? B. Alexander Hamilton – He officially proposed the creation of the first bank during the first session of the First Congress. 7. As an economic institution, nonprofit organizations include D. professional organizations. The main purpose of these organizations is to make their profession better or more valuable for the people practicing the profession as well as for the benefit of the general public. 8. In economics, economic institutions serve to A. help establish and keep participation in the economy fluid. 9. Who is credited with first using cost-benefit analysis? B. Jules Dupuit – A French engineer and economist. He wrote an article in 1848 where the concept of Cost-Benefit analysis was presented.

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3 years ago

Read 2 more answers

For each growth rate below, use the rule of 70 to calculate how long it will take incomes to double. Instructions: Round your an

STatiana [176]

Answer:

Explanation:

Rule 70 is used to estimate how long it tales a cashflow amount to double.

The formula is as follows ;

Number of years = 70 / growth rate

At 1.4% growth rate;

Number of years = 70 / 1.4 = 50

At 3.2% growth rate;

Number of years = 70 / 3.2 = 21.88

At 4.9% growth rate;

Number of years = 70 / 4.9 = 14.29

At 6.4% growth rate;

Number of years = 70 / 6.4 = 10.94

At 7.5% growth rate;

Number of years = 70 / 7.5 = 9.33

4 0

3 years ago

Susan williams runs a small flagstaff job shop where garments are made. the job shop employs eight workers. each worker is paid

slavikrds [6]

Labour Productivity is basically the worth of goods produced by each labour or collectively in an hour, This can be expressed in the formula below:

Labour Productivity per hour of work= $\frac{Worth of Goods Produced}{Total Number of Labour Hours}$

In order to find worth of goods we shall use below Formula:

Worth of Goods= Sale Price per Unit*Number of Units Sold

In given case there are 2 types of goods sold as below

1. Proper Garments

Worth of Goods Sold= $210*78 Garments

Worth of Goods Sold=$16380

2. Seconds

Worth of Goods Sold= $100*54

Worth of Goods Sold= $5400

Total Goods Sold= $5400+$16380

Total Worth of Goods=$21780

Total Hours Worked= No of Workers*Hours Worked each Worker

Total Hours Worked= 8*45

Total Hours Worked=360 Hours

Labour Productivity= $\\ \frac{21780}{360}$

Labour Productivity=$60.5 per Hour

3 0

3 years ago

True Vibgyor Inc. sells its e-book readers at the cost price of $15 each. However, the company makes its profits when users have

larisa86 [58]

Answer:

D. Razor -Razor -blade

Explanation:

A razor - razor blade business model is a type of business model that involves selling a particular product at a low price in increase sales of complementary goods. It refers to the sales of a core product of a firm at a low price with the expectation that consumer will purchase the more expensive dependent products.

True Vibgyor selling its e-book readers at a $15 and anticipating that the firm will make its profit when the customers buy or download books online is an example of a Razor - razor blade business model.

Hence the answer is D. Razor -Razor -blade

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3 years ago

Use the following information to determine a company‘s cash flows from financing activities.a. Net income was 535.000.b. Issued

navik [9.2K]

Answer:

The company‘s cash flows from financing activities is ($12,600), or cash deficit of $12,600

Explanation:

The cash flow from financing activities = Cash inflows from issuing equity or debt – dividend paid out – repurchasing equity or debt

= Issued common stock for $64,000 cash - Paid cash dividend of $14,600 - Paid $50,000 cash to settle a bond payable - Paid $12,000 cash to acquire its treasury stock

= $64,000 - $14,600 - $50,000 - $12,000 = ($12,600)

7 0

3 years ago